|Bid||38.60 x 1100|
|Ask||39.50 x 900|
|Day's range||37.82 - 39.14|
|52-week range||10.13 - 42.33|
|Beta (5Y monthly)||1.53|
|PE ratio (TTM)||5.96|
|Earnings date||28 Aug 2020 - 01 Sep 2020|
|Forward dividend & yield||1.20 (3.11%)|
|Ex-dividend date||11 Jun 2020|
|1y target est||34.71|
Big Lots (BIG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Big Lots (BIG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
Big Lots (BIG) delivered earnings and revenue surprises of 207.32% and 8.08%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
Big Lots' (BIG) first-quarter fiscal 2020 revenues have been most likely driven by robust sales of essential items like food and consumables.
A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
Big Lots (BIG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Shares of Big Lots (NYSE: BIG) soared 12% higher on Monday as the discount retailer announced same-store sales growth in the first quarter, as well as month-to-date in April, and noted that comps growth had accelerated over the last two weeks. Focusing on health and safety for customers and employees at its stores and in its distribution centers, president and CEO Bruce Thorn said in a statement, "That in turn has enabled us to maintain business continuity and support our customers through these challenging times, resulting in positive quarter-to-date comps in-store as well as strong growth online." The discounter said it was extending the $2-per-hour pay increase it gave employees, along with a 30% employee discount on purchases, through May. It said $1 million had been set aside for the company's COVID-19 employee assistance fund, which it pointed out was funded in part by Big Lots executives donating a part of their salaries.
Big Lots (NYSE: BIG) has seen its share price climb more than 11% in Monday trading after issuing a press release detailing positive same-store sales gains for fiscal April and overall sales growth during the first quarter of 2020. Like many other retailers, Big Lots has adopted multiple measures at its distribution centers and stores to combat the spread of the COVID-19 coronavirus among its workers and shoppers. President and CEO Bruce Thorn credits the success of these measures for enabling the retailer to keep all of its outlets open as essential businesses throughout the viral outbreak, creating a "safe and healthy environment" and ensuring business continuity.
The Zacks Analyst Blog Highlights: Macy's, Rite Aid, Big Lots, Ross Stores and TravelCenters of America
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Big Lots (BIG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
Steelcase (SCS) is likely to have witnessed increase in operating expenses owing to acquisitions and investments in product development, sales and marketing.
Big Lots (BIG) delivers better-than-expected third-quarter fiscal 2019 results. Further, management expects positive comps for fiscal fourth quarter.
Big Lots (BIG) delivered earnings and revenue surprises of 14.29% and 0.62%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?