Big Lots, Inc. with ticker code (BIG) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 16 and 9 suggesting an average Analsyt target price of $12.75. Now with the previous closing price of $9.73 this now indicates there is a potential upside of 31.0%. Also worth taking note is the 50 day moving average now sits at $12.82 and the 200 day MA is $17.43. The company has a market cap of $245m. Company Website: https://www.biglots.com
The potential market cap would be $321m based on the market consensus.
Big Lots, Inc., 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 home décor, frames, fashion and utility bedding, bath, window, decorative textile, and area rugs departments; and food category that includes beverage and grocery, 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, as well as home maintenance and organization products, and toys departments; and apparel, electronics, and other category consisting of apparel, electronics, jewelry, hosiery, and candy and snacks departments. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.
The company has a dividend yield of 12.33% with the ex dividend date set at 16-3-2023 (DMY).
