Big Lots Stock Target Price and Analyst Consensus

BIG
 Stock
  

USD 20.94  0.52  2.55%   

The current analyst and expert consensus on Big Lots is Sell with 6 hold recommendations. The current projected Big Lots target price consensus is 46.0 with 6 analyst opinions. One of the most common ways Big Lots analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Big Lots vendors, executives, and/or customers. 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 recommendation module provides expert sentiment on the projected Big Lots target price to derive its highest and lowest estimates based on target price standard deviation of 6.811. Continue to 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.
  
Refresh
As of July 5, 2022, Gross Profit is expected to decline to about 2.3 B. In addition to that, Profit Margin is expected to decline to 0.0268. As of July 5, 2022, Accumulated Other Comprehensive Income is expected to decline to about (14.2 M)

Big Lots Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Big Lots target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the 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, technical analysis, earnings estimate, and various momentum models.
Number of Opinions8
Lowered Outlook0
Raized Outlook0
Sell
Most Big Lots analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Big Lots stock's fair price compared to its market value. Analysts arrive at stock ratings after researching 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 20.94 and 46.00, 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 5th of July 2022

Low Price20.1Odds
High Price21.01Odds

20.94

Target Price

Analyst Consensus On Big Lots Target Price

Low Estimate37.0Odds
High Estimate54.0Odds
Number of Analysts6
Standard Deviation6.811

46.0

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

About Big Lots Target Price Projections

Big Lots's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Big Lots and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Big Lots depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Big Lots including analysis of its current option contracts.
Big Lots' latest option contracts expiring on 2022-07-15 are carrying combined implied volatility of 68.9 with a put-to-call open interest ratio of 0.6 over 41 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2022-07-15. The current put volume is at 98, with calls trading at the volume of 395. This yields a 0.25 put-to-call volume ratio. The Big Lots option chain provides detailed quote and price information for the current Big Lots option contracts. It shows all of Big Lots' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-07-15 Option Contracts

Big Lots option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Big Lots' lending market. For example, when Big Lots' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Big Lots, he or she must hedge the risk by shorting Big Lots stock over its option's life.
The chart above shows Big Lots' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Big Lots' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Big Lots' option, there is no secondary market available for investors to trade.

Big Lots Maximum Pain Price across 2022-07-15 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Big Lots close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Big Lots' stock options are financial instruments that give investors the right to buy or sell shares of Big Lots common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Big Lots stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Big Lots' stock price goes up or down, the stock options follow.
Continue to 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.

Big Lots In The Money Call Balance

When Big Lots' strike price is surpassing the current stock price, the option contract against Big Lots stock is said to be in the money. When it comes to buying Big Lots' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on Big Lots are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Big Lots Current Options Market Mood

Big Lots' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Big Lots Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Big Lots' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Big Lots' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Big Lots' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

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, frequently view 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. Please use the tools below to analyze the current value of Big Lots in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.6221.2925.96
Details
Intrinsic
Valuation
LowReal ValueHigh
18.8527.0031.67
Details
Naive
Forecast
LowNext ValueHigh
17.2321.9026.56
Details
Earnings
Estimates (6)
LowProjected EPSHigh
5.415.615.94
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 towards taking a position in Big Lots.

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, frequently view 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. Please use the tools below to analyze the current value of Big Lots in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.6221.2925.96
Details
Intrinsic
Valuation
LowReal ValueHigh
18.8527.0031.67
Details
Naive
Forecast
LowNext ValueHigh
17.2321.9026.56
Details
Earnings
Estimates (6)
LowProjected EPSHigh
5.415.615.94
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 towards 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.
Macroaxis Index
Invested few shares
Cancer Fighters
Invested few shares
Continue to 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. Note that the Big Lots information on this page should be used as a complementary analysis to other Big Lots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Big Lots Stock analysis

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 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.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
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 Lots accountants, it's critical to develop an understanding of what Big Lots' liquidity, profitability, and earnings quality are in the context of the Consumer Defensive 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 to manipulate its earnings.