Big Lots (NYSE:BIG) Target Raised by Deutsche Bank AG to $42.00

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Wall Street, Lower Manhattan, New York City, USA

Big Lots stock has undergone multiple analysts rating changes in the recent past.  Big Lots stock Target Raised by   Deutsche Bank AG on 6/29/2020. In a note to investors, the firm issued a new target price of $42.00. The analysts previously had $37.00 target price. Deutsche Bank AG’s price target would indicate a potential upside of -2.42% from the stock’s previous close.

Shares of Big Lots traded up $0.08 on Monday, reaching $43.12. 3693477 shares of the stock traded hands, compared to its average volume of 2645342. Shares of were trading at $43.12 on Monday. The firm’s 50 day moving average is $30.88 and its 200 day moving average is 24.53.Big Lots  has a 12 month low of $41.79 and a 12 month high of $44.90. While on yearly highs and lows, Big Lots today has traded high as $44.22 and has touched $41.79 on the downward trend.

Big Lots Earnings and What to expect: 

Big Lots last released its earnings results on May 29th, 2020. The reported $1.26 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.86. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.32 billion. Its quarterly revenue was up 11.1% compared to the same quarter last year. Big Lots has generated $3.67 earnings per share over the last year and currently has a price-to-earnings ratio of 6.3. Big Lots has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, September 4th, 2020 based off prior year’s report dates.

Earnings for Big Lots are expected to decrease by -1.82% in the coming year, from $4.39 to $4.31 per share. The P/E ratio of Big Lots is 6.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.08. The P/E ratio of Big Lots is 6.19, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 48.06. Big Lots has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued. Big Lots has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.88%
  • On 4/1/2020 SVP Nicholas E Padovano Sell 1,368 at average share price of $13.53 which equates to $18,509.04 in money value.
  • On 3/11/2020 SVP Nicholas E Padovano Sell 1,749 at average price of  $16.96 with total value of : Not Data Available
  • On 1/10/2020 EVP Ronald A Robins Jr Sell 2,000 at average price of  $29.14 with total value of : $58,280.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Big Lots

  • 6/29/2020 – Big Lots was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating. ()
  • 6/17/2020 – Big Lots had its price target raised by analysts at Piper Sandler from $52.00 to $53.00. They now have an “overweight” rating on the stock. ()
  • 6/4/2020 – Big Lots had its price target lowered by analysts at Zacks Investment Research. ()
  • 6/4/2020 – Big Lots was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating. ()
  • See More Analyst Rating at: RATING

Other rating updates by Deutsche Bank AG: 

  • 6/29/2020 – GAP had its price target raised by analysts at Deutsche Bank AG from $13.00 to $15.00. They now have a “hold” rating on the stock. ()
  • 6/29/2020 – Koninklijke Philips was given a new €47.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Haier Electronics Group is now covered by analysts at Deutsche Bank AG. They set a “hold” rating on the stock. ()
  • 6/29/2020 – Dell had its price target raised by analysts at Deutsche Bank AG from $55.00 to $60.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Big Lots (NYSE:BIG) Moving Average Technical Analysis

5 day Moving Average is $37.52 And 5 day price change is 9.95 (0.2946)  with average volume for 5 day average is 4,811,983. While technical analysis for average 20 days shows significant difference, 20 day moving average is  36.04 and 20 day price change is 6.42 (0.1721) and average 20 day moving volume is 2,436,131. 50 day moving average is 30.88  and 50 day price change is 24.59 ( 1.2848)  and with average volume for 50 days is : 2,195,550. 200 day moving average is 24.53  and 200 day price change is 20.67 (0.8964)  and with average volume for 200 days is : 1,829,257.

See More Analyst Rating at: RATING