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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 $4.12, up 12.88% from the previous day, and has decreased 60.12% in one year. It has underperformed other stocks in the Discount Stores industry by 0.79 percentage points. Big Lots stock is currently +18.73% from its 52-week low of $3.47, and -66.42% from its 52-week high of $12.27.

As of Mar 27, 2024, there are 29.22M BIG shares outstanding. The market cap of BIG is $120.37M. In the past 24 hours, 1.46M BIG shares were traded.

How to Buy Big Lots Stock

Wondering how to invest in Big Lots stock? Here's how.
  1. Decide where to buy Big Lots stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Big Lots stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your payment method and add your information.
  4. 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 market research website can help you decide if BIG is a good stock to buy).
  5. Place your BIG buy order: Decide if you will purchase BIG shares at the current market price or use a limit order to purchase BIG shares at a given price.
  6. Watch your BIG investment: Create a watchlist to keep tabs on your position in Big Lots stock.

Step 1: Decide where to buy Big Lots stock

You need a brokerage account in order to access the NYSE market and buy BIG stock.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you can invest in BIG stock today.

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  2. Enter your personal info to create a new trading account.
  1. Submit your info by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have filled out your info on the stocks app, you can securely and quickly fund your account:

Watch the walkthrough below if you need help transferring money into your brokerage account.

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Step 4: Analyze Big Lots stock

Once you have identified the best place to buy Big Lots stock, it's absolutely critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the opportunity.

Big Lots stock data

BIG Price
$4.12
1w %
0.73%
1y %
-60.12%
5y %
-89.07%
P/E
-0.26x
P/B
0.38x
P/S
0.02x
PEG
N/A
Revenue
$4.83B
Earnings
-$463.63M
Fore. Rev. Growth
-3.15%
Fore. Earn. Growth
N/A
Market Cap
$120.37M
Next Earnings
May 24, 2024
Next Dividend
N/A

Fundamentals of Big Lots

WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on BIG's stock page.

Is BIG stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge BIG's intrinsic value.

Using relative valuations measures:

  • BIG may be undervalued based on its P/B ratio of 0.38x, relative to Discount Stores industry P/B ratio of 7.07x

You can access more valuation analysis on BIG's stock here.

BIG Financial Health Overview

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the BIG balance sheet.

Negative Health Checks:

  • Total BIG debt is higher than 5 years ago, relative to shareholder equity.
  • BIG profit margin has gone down from -2.6% to -9.6% in the past year.
  • BIG's operating cash flow of -$264.38M allows it to safely service it's debt of $2.44B.
  • BIG earnings of -$371.63M is not sufficient to cover its interest payments.
  • BIG has a relatively high debt to equity ratio of 10.58.
  • There are more long-term liabilities than short-term assets on the BIG balance sheet.

Do Wall Street analysts think it's a good time to buy BIG stock

Out of 4 sell side analysts who give recommendations on BIG, the consensus analyst rating on BIG is a Strong Sell

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Big Lots stock forecast page.

BIG Trading Indicators

SMA10
3.84
SMA20
4.32
SMA50
4.94
SMA100
5.4
SMA200
6.17
MACD
-0.32
MACD Signal
-0.35
MACD Histogram
0.02
RSI
46.17
Stochastic %K
15.97
Stochastic %D
13.08
StochRSI %K
57
StochRSI %D
43.79

BIG Growth Numbers

Last year, BIG revenue was $4.83B. In the past five year, BIG's revenue has grown by -1.76% per year. This was slower than the Discount Stores industry average of 7.35%.

Find out more about BIG's earnings and revenue performance here.

Who is buying/selling BIG?

In the past year, insiders at BIG have sold more shares than they have bought.

Jonathan E. Ramsden, Executive Vice President of BIG, was the latest BIG insider to sell. They sold $35,324.90 worth of BIG stock on Mar 25, 2024.

Get more info about who owns BIG stock here.

Can I rely on BIG as an income stream?

Big Lots dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Big Lots dividend yield and history here.

What do other investors have to say about BIG?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your BIG buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Click the Open button and your broker will place your order.

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Step 6: Watch your BIG investment

Now that you own some shares in BIG, you'll want to stay up-to-date on your investment.

Make a watchlist to get the latest updates about your BIG stock.

BIG Feed

How to Buy Stock in Big Lots

To reiterate, here are the 6 steps for buying Big Lots stock:

  1. Decide where to buy Big Lots stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Analyze Big Lots stock
  5. Place your BIG buy order
  6. Watch your BIG investment

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Big Lots, create a watchlist on WallStreetZen today.

NYSE: BIG
$4.12+0.47 (+12.88%)
Updated Mar 27, 2024
Open eToro Account
NYSE: BIG
$4.12+0.47 (+12.88%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Big Lots share?

As of Mar 27, 2024, it costs $4.12 to buy one share of Big Lots stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.485 shares of BIG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Big Lots stock?

According to 4 Wall Street analysts who monitor Big Lots, their consensus recommendation is to sell Big Lots stock.

What is the best way to buy Big Lots stock?

One way to place an order for Big Lots stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.