Big Lots Stock Target Price and Analyst Consensus

BIG Stock  USD 4.33  0.21  5.10%   
The current analyst and expert consensus on Big Lots is Hold, with 1 strong sell and 1 strong buy opinions. The current projected Big Lots target price consensus is 6.47 with 6 analyst opinions. The most common way Big Lots analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Big Lots executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Big Lots. We strongly encourage you to use your own analysis of Big Lots to validate this buy or sell advice. Big Lots buy-or-sell recommendation module provides average expert sentiment on the projected Big Lots target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Big Lots to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.
Lowest Forecast
5.89
Highest Forecast
7.18
Target Price
6.47
At this time, Big Lots' Gross Profit is most likely to increase significantly in the upcoming years. The Big Lots' current Gross Profit Margin is estimated to increase to 0.45, while Pretax Profit Margin is forecasted to increase to (0.09). At this time, Big Lots' Net Debt is most likely to increase significantly in the upcoming years. The Big Lots' current Retained Earnings is estimated to increase to about 3.9 B, while Other Current Liabilities is projected to decrease to roughly 150.7 M.
  
It's important to approach Big Lots' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Big Lots Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Big target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Big Lots' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Hold
Most Big analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Big stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Big Lots, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Big Lots Target Price Projection

Big Lots' current and average target prices are 4.33 and 6.47, respectively. The current price of Big Lots is the price at which Big Lots is currently trading. On the other hand, Big Lots' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Big Lots Market Quote on 29th of March 2024

Low Price4.13Odds
High Price4.39Odds

4.33

Target Price

Analyst Consensus On Big Lots Target Price

Low Estimate5.89Odds
High Estimate7.18Odds

6.47

Historical Lowest Forecast  5.89 Target Price  6.47 Highest Forecast  7.18
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Big Lots and the information provided on this page.

Big Lots Analyst Ratings

Big Lots' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Big Lots stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Big Lots' financials, market performance, and future outlook by experienced professionals. Big Lots' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Big Lots price targets

Big Lots' stock target price is an estimate of its future price, usually made by analysts. Using Big Lots' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Big Lots' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Big Lots' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Big Lots Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Big Lots is a key component of Big Lots valuation and have some predictive power on the future returns of a Big Lots.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Big Lots' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.234.5411.35
Details
Intrinsic
Valuation
LowRealHigh
0.275.3112.12
Details
Naive
Forecast
LowNextHigh
0.083.8910.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-4.38-3.9-3.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Big Lots. Your research has to be compared to or analyzed against Big Lots' peers to derive any actionable benefits. When done correctly, Big Lots' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Big Lots.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether Big Lots is a strong investment it is important to analyze Big Lots' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Big Lots' future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:
Check out Macroaxis Advice on Big Lots to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Big Lots' price analysis, check to measure Big Lots' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big Lots is operating at the current time. Most of Big Lots' value examination focuses on studying past and present price action to predict the probability of Big Lots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Lots' price. Additionally, you may evaluate how the addition of Big Lots to your portfolios can decrease your overall portfolio volatility.
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The data published in Big Lots' official financial statements usually reflect Big Lots' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Big Lots. For example, before you start analyzing numbers published by Big accountants, it's critical to develop an understanding of what Big Lots' liquidity, profitability, and earnings quality are in the context of the Broadline Retail space in which it operates.
Please note, the presentation of Big Lots' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Big Lots' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Big Lots' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Big Lots. Please utilize our Beneish M Score to check the likelihood of Big Lots' management manipulating its earnings.