Big Lots
BIG

$1.08

0.92%

Market Cap: 32.1M

About: Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.

Employees: 30,300

Consumer Staples Variety Stores

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 8 analysts

0

News positive %

of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

4% less funds holding

Funds holding: 128 [Q4 2023] → 123 (-5) [Q1 2024]

6.66% less ownership

Funds ownership: 68.0% [Q4 2023] → 61.34% (-6.66%) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 39

15% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 33

46% less call options, than puts

Call options by funds: $4.52M | Put options by funds: $8.32M

49% less capital invested

Capital invested by funds: $153M [Q4 2023] → $77.7M (-$75.4M) [Q1 2024]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$1

7%

downside

Avg. target

$3.13

189%

upside

High target

$5

363%

upside

8 analyst ratings

0 positive

0%

6 neutral

75%

2 negative

25%

Loop Capital Anthony Chukumba	7%downside $1	Hold Upgraded	11 Jul 2024
Telsey Advisory Group Joseph Feldman	131%upside $2.5	Market Perform Maintained	14 Jun 2024
Telsey Advisory Group Joseph Feldman	131%upside $2.5	Market Perform Maintained	7 Jun 2024
Telsey Advisory Group Joseph Feldman	363%upside $5	Market Perform Maintained	3 Jun 2024
Piper Sandler Peter Keith	178%upside $3	Underweight Maintained	8 Mar 2024

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about BIG published over the past 30 days

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Big Lots is closing stores in 2024, joins growing list of retailers at risk of bankruptcy

Discount retail chain Big Lots is planning to close at least 35 stores this year amid falling sales and speculations that it may declare bankruptcy.

Big Lots is closing stores in 2024, joins growing list of retailers at risk of bankruptcy

Big Lots closing dozens of stores, putting survival in question

Big Lots announced last month in an SEC filing that it will be closing 35 to 40 stores this year, despite opening three new ones. The company operates more than 1,300 U.S. stores.

Big Lots closing dozens of stores, putting survival in question

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Big Lots to shutter stores, may file for bankruptcy as shoppers hurt by ‘elevated inflation'

The nationwide home goods retailer reported inflation has hit hard, resulting in yearly losses and a reliance on dwindling cash.

Big Lots to shutter stores, may file for bankruptcy as shoppers hurt by ‘elevated inflation'

Big Lots Partners with Make-A-Wish America for First-Ever Joint Point-of-Sale Campaign to Support Children with Critical Illnesses

National partnership will help bring essential support to children with critical illnesses COLUMBUS, Ohio , July 2, 2024 /PRNewswire/ -- Today, Big Lots announces the launch of the first-ever joint point-of-sale campaign with Make-A-Wish America as part of a new national partnership to help grant wishes to children battling critical illnesses. From July 1-31, Big Lots customers can donate at checkout, and to encourage widespread participation, Big Lots will reward every donation with a coupon for $5 off a future purchase of $15 or more.

Big Lots Partners with Make-A-Wish America for First-Ever Joint Point-of-Sale Campaign to Support Children with Critical Illnesses

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