How to Buy Big Lots Stock
Big Lots Inc
Big Lots is a discount store company located in Ohio, United States, which is part of the Consumer Defensive sector, and is traded under the ticker BIG on the NYSE exchange.
Big Lots stock last closed at $6.07, up 24.64% from the previous day, and has decreased 74.46% in one year. It has underperformed other stocks in the Discount Stores industry by 0.69 percentage points. Big Lots stock is currently +26.99% from its 52-week low of $4.78, and -79.25% from its 52-week high of $29.25.
As of Jun 2, 2023, there are 29.03M shares of BIG outstanding. The market value of BIG is $176.20M. In the last 24 hours, 5.9M BIG shares were traded.
How to Buy Big Lots Stock
Not sure how to invest in Big Lots stock? Here's how.
- Decide where to buy Big Lots stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Big Lots stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your info.
- Analyze Big Lots stock: The Big Lots ticker symbol is BIG. Is Big Lots stock a good investment? Should you buy shares of BIG? How do BIG's underlying business fundamentals look? Do top analysts think Big Lots is a good buy? Why has BIG's stock price moved recently? (Hint: Our stock research tools can help you decide if BIG is a good stock to buy).
- Place your BIG buy order: Decide if you will purchase BIG shares at the current market price or use a limit order to buy BIG shares at a specific price.
- Watch your BIG investment: Create a watchlist to key updates about your new investment in Big Lots stock.
Step 1: Decide where to buy Big Lots stock
You need an online brokerage account to access the NYSE market and buy BIG shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to invest in BIG stock today.
How to Open a New Account on eToro
- Click here to get started.
- Provide your personal info to open a new trading account.
- Submit your application by clicking the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've filled out your info on our top ranked stock app, you need to deposit funds:
Check out the video below for more details depositing money into your new brokerage account.
Step 4: Analyze Big Lots stock
Once you have decided on the best place to buy Big Lots stock, it's absolutely critical to evaluate their stock prior to buying, so you actually comprehend the risk as well as the upside.
Big Lots Numbers
Big Lots Fundamentals
WallStreetZen was created to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on BIG's stock page.
Is BIG stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BIG's true value.
Using relative valuations measures:
- BIG could be undervalued based on its P/B ratio of 0.23x, relative to Discount Stores industry P/B ratio of 6.07x
You can do additional valuation research on BIG's stock here.
BIG Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the BIG balance sheet.
- BIG has $44.73M in cash and short term investments. This is sufficient to cover its annual cash burn of $253.20M.
Negative Health Checks:
- Total BIG debt is higher than 5 years ago, relative to shareholder equity.
- BIG has cash burn of 253203000. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the BIG balance sheet.
- BIG profit margin has gone down from 2.9% to -3.9% in the past year.
- BIG has a relatively high debt to equity ratio of 3.83.
Do Wall Street analysts think it's a good time to buy BIG stock
Out of 6 Equities analysts who track BIG, the consensus analyst rating on BIG is a Sell
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent BIG Analyst Upgrades/Downgrades
Kate McShane, a bottom 4% analyst from Goldman Sachs maintains BIG with a strong sell rating and lowers their BIG price target from $14.00 to $5.00, on May 31, 2023.
Krisztina Katai, a top 22% analyst from Deutsche Bank maintains BIG with a hold rating and lowers their BIG price target from $8.00 to $6.00, on May 30, 2023.
Anthony Chukumba, a top 13% analyst from Loop Capital maintains BIG with a hold rating and lowers their BIG price target from $14.00 to $6.00, on May 30, 2023.
Joe Feldman, a top 33% analyst from Telsey Advisory Group maintains BIG with a hold rating and lowers their BIG price target from $9.00 to $6.00, on May 30, 2023.
Karen Short, a bottom 16% analyst from Credit Suisse maintains BIG with a sell rating and lowers their BIG price target from $13.00 to $7.00, on May 23, 2023.
You can dive deeper into what analysts are projecting on the Big Lots stock forecast page.
BIG Technicals
BIG Growth Metrics
Last year, BIG revenue was $5.47B. In the last five year, BIG's revenue has increased by 0.76% per year. This was slower than the Discount Stores industry average of 6.96%.
You can research BIG's earnings and revenue performance here.
Who is buying/selling BIG?
In the past 12 months, executives and large shareholders at BIG have bought more shares than they have sold.
Sebastian Digrande, Director of BIG, was the latest BIG insider to buy. They bought $14,898.00 worth of BIG stock on Jun 1, 2023.
Learn more about who owns BIG shares here.
Can I get consistent income from BIG stock?
Big Lots pays a dividend of 19.77%, compared to the Discount Stores industry's average dividend yield of 4.77%. If you owned $1,000 of BIG stock, you would have been paid $197.69 in the past year.
Big Lots dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Big Lots dividend yield and history here.
What others are saying about BIG
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your BIG buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you need more info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your BIG investment
Now that you own some shares in BIG, you'll want to stay up-to-date on your company.
Start a watchlist to get notified of important updates regarding your BIG stock.
BIG Feed
How to Buy Stock in Big Lots
To reiterate, here are the 6 steps to buy Big Lots stock:
- Decide where to buy Big Lots stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Big Lots stock
- Place your BIG buy order
- Watch your BIG investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Big Lots, click below.
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