Big Lots found using ticker (BIG) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 30 and 20 with the average target price sitting at 23.71. Given that the stocks previous close was at 23.15 this indicates there is a potential upside of 2.4%. The day 50 moving average is 22.06 while the 200 day moving average is 35.02. The market cap for the company is $685m. Company Website: https://www.biglots.com
The potential market cap would be $701m based on the market concensus.
Big Lots, through its subsidiaries, operates as a home discount retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattresses, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, specialty foods, and pet departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, and chemical departments; hard home category, including small appliances, tabletops, and food preparation and stationery products; home maintenance and organization products; toys; and accessories category consisting of apparel, electronics, jewelry, apparel, and hosiery departments. As of January 29, 2022, it operated 1,431 stores in 47 states and an e-commerce platform. Big Lots was founded in 1967 and is headquartered in Columbus, Ohio.
