Impact of Brokerage Rating on Big Lots, Inc.(BIG)

Many Big Lots, Inc.(BIG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Big Lots was Initiated by Susquehanna on Feb 10, 2017 to Neutral, Price Target of the shares are set at $55.Big Lots was Initiated by Loop Capital on Dec 7, 2016 to Buy, Price Target of the shares are set at $64.Company shares were Reiterated by Telsey Advisory Group on Dec 5, 2016 to Market Perform, Raises Price Target to $ 56 from a previous price target of $50 .

Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Philip E Mallott (director) sold 10,000 shares at 53.00 per share price.On Dec 7, 2016, David J Campisi (CEO & President) sold 15,000 shares at 52.00 per share price.On Nov 23, 2016, Andrew D Stein (Senior Vice President) sold 5,000 shares at 53.00 per share price.

Big Lots Last issued its quarterly earnings results on Dec 2, 2016. The company reported $0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $-0.01. The company had revenue of $1105.50 million for the quarter, compared to analysts expectations of $1117.48 million. The companys revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.01 EPS.

Big Lots, Inc. (NYSE:BIG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.33 by 12 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.

Big Lots, Inc. (NYSE:BIG): 10 Analyst have given the stock of Big Lots, Inc. (NYSE:BIG) a near short term price target of $54.3. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $5.76. The higher price target estimate is at $60 while the lower price estimates are fixed at $42.

Big Lots, Inc. (NYSE:BIG) rose 0.91% or 0.47 points on Tuesday and made its way into the gainers of the day. After trading began at $51.53 the stock was seen hitting $52.81 as a peak level and $51.04 as the lowest level. The stock ended up at $52.01. The daily volume was measured at 1,501,317 shares. The 52-week high of the share price is $56.54 and the 52-week low is $36.25. The company has a market cap of $2,318 million.

Consolidated Stores Corp. is one of the leading value retailers specializing in closeout merchandise and toys. The company operates stores in the U.S., Puerto Rico and Guam and conducted online sales of childrens products. Retail operations are conducted primarily under the following names: Odd Lots, Big Lots, Big Lots Furniture, Mac Frugals Bargains Close-outs, and Pic N Save and K B Toys, K B Toy Works, and K B Toy Outlet and KBkids.com.

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