$1.21 EPS Expected for Big Lots, Inc. (BIG)

May 24, 2018 - By Clifton Ray

Big Lots, Inc. (NYSE:BIG) LogoInvestors sentiment is 1.03 in Q4 2017. Its the same as in 2017Q3. It has no change, as 27 investors sold Big Lots, Inc. shares while 109 reduced holdings. only 60 funds opened positions while 80 raised stakes. 50.28 million shares or 2.45% less from 51.55 million shares in 2017Q3 were reported.
Synovus Financial reported 12,322 shares or 0.01% of all its holdings. Principal Financial Grp reported 0.01% stake. C M Bidwell & Assoc Limited holds 0.09% in Big Lots, Inc. (NYSE:BIG) or 1,860 shares. Boston Advsrs Limited Liability, Massachusetts-based fund reported 108,545 shares. Employees Retirement Systems Of Texas reported 55,000 shares or 0.04% of all its holdings. Commonwealth Of Pennsylvania School Empls Retrmt owns 6,201 shares for 0% of their portfolio. Cambridge Research Advisors Inc invested in 18,819 shares. Euclidean Techs Management Limited Co holds 26,832 shares. Ifrah Services Incorporated reported 7,549 shares. Thrivent For Lutherans holds 0% in Big Lots, Inc. (NYSE:BIG) or 9,264 shares. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Big Lots, Inc. (NYSE:BIG). Groesbeck Invest Nj has 0.14% invested in Big Lots, Inc. (NYSE:BIG). New York State Teachers Retirement Systems owns 93,205 shares. Glenmede Tru Co Na holds 6,865 shares. Quantitative Management holds 143,500 shares.

Since January 4, 2018, it had 0 insider purchases, and 3 insider sales for $2.35 million activity. On Thursday, January 4 JOHNSON TIMOTHY A sold $1.10 million worth of Big Lots, Inc. (NYSE:BIG) or 20,000 shares. On Wednesday, April 4 CAMPISI DAVID J sold $903,341 worth of Big Lots, Inc. (NYSE:BIG) or 20,657 shares.

Analysts expect Big Lots, Inc. (NYSE:BIG) to report $1.21 EPS on May, 25.They anticipate $0.06 EPS change or 5.22 % from last quarter’s $1.15 EPS. BIG’s profit would be $51.05M giving it 8.36 P/E if the $1.21 EPS is correct. After having $2.57 EPS previously, Big Lots, Inc.’s analysts see -52.92 % EPS growth. The stock decreased 0.15% or $0.06 during the last trading session, reaching $40.44. About 938,070 shares traded. Big Lots, Inc. (NYSE:BIG) has declined 11.14% since May 24, 2017 and is downtrending. It has underperformed by 22.69% the S&P500.

Big Lots, Inc. (NYSE:BIG) Ratings Coverage

Among 11 analysts covering Big Lots (NYSE:BIG), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Big Lots has $69.0 highest and $44 lowest target. $56.50’s average target is 39.71% above currents $40.44 stock price. Big Lots had 15 analyst reports since December 1, 2017 according to SRatingsIntel. As per Tuesday, May 22, the company rating was maintained by JP Morgan. The firm has “Buy” rating given on Friday, March 9 by KeyBanc Capital Markets. The company was maintained on Tuesday, March 13 by Citigroup. The firm has “Hold” rating by Piper Jaffray given on Friday, March 9. The rating was downgraded by Oppenheimer on Wednesday, January 10 to “Hold”. The company was maintained on Monday, March 12 by Loop Capital. The firm has “Market Perform” rating given on Monday, December 4 by Telsey Advisory Group. The firm earned “Hold” rating on Friday, December 1 by Piper Jaffray. The firm earned “Outperform” rating on Monday, April 16 by Raymond James. The stock of Big Lots, Inc. (NYSE:BIG) has “Overweight” rating given on Monday, March 12 by KeyBanc Capital Markets.

Big Lots, Inc., through its subsidiaries, operates as a non-traditional, discount retailer in the United States. The company has market cap of $1.71 billion. The firm offers products under various merchandising categories, such as food category that includes beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that consists of home d??cor, frames, fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and furniture category consisting of upholstery, mattress, ready-to-assemble, and case goods departments. It has a 9.23 P/E ratio. It also provides merchandise under the seasonal category that includes lawn and garden, summer, Christmas, and other holiday departments; and electronics, toys, and accessories category, including electronics, jewelry, hosiery, toys, and infant accessories departments.

More news for Big Lots, Inc. (NYSE:BIG) were recently published by: Ft.com, which released: “NYSE appoints Cunningham first female leader” on May 22, 2018. Streetinsider.com‘s article titled: “Big Lots (BIG) weekly implied volatility increases into Q1” and published on May 23, 2018 is yet another important article.

Big Lots, Inc. (NYSE:BIG) Institutional Positions Chart

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