Big Lots with ticker code (BIG) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 16 and 7 calculating the average target price we see $12.13. Given that the stocks previous close was at $8.43 and the analysts are correct then we can expect a percentage increase in value of 43.9%. The 50 day moving average now sits at $12.68 and the 200 moving average now moves to $17.37. The company has a market capitalization of $270m. You can visit the company’s website by visiting: https://www.biglots.com
The potential market cap would be $388m based on the market consensus.
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 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 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).
