Big Lots Number of Shares Shorted vs. Cash Flow from Operations

BIG
 Stock
  

USD 18.19  0.36  2.02%   

For Big Lots profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Big Lots to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Big Lots utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Big Lots's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Big Lots over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
Big Lots Return on Sales is projected to increase slightly based on the last few years of reporting. The past year's Return on Sales was at 0.0448. Big Lots Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The past year's Income Tax Expense was at 54.03 Million.

Big Lots Revenues

5.96 Billion

Is Big Lots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Big Lots. If investors know Big Lots will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Big Lots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.37) 
Market Capitalization
516 M
Quarterly Revenue Growth YOY
(0.08) 
Return On Assets
(0.0048) 
Return On Equity
(0.0486) 
The market value of Big Lots is measured differently than its book value, which is the value of Big Lots that is recorded on the company's balance sheet. Investors also form their own opinion of Big Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Big Lots' market value can be influenced by many factors that don't directly affect Big Lots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Big Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine Big Lots value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Big Lots Cash Flow from Operations vs. Number of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Big Lots's current stock value. Our valuation model uses many indicators to compare Big Lots value to that of its competitors to determine the firm's financial worth.
Big Lots is rated second in number of shares shorted category among related companies. It is rated fifth in cash flow from operations category among related companies making about  24.88  of Cash Flow from Operations per Number of Shares Shorted. The current year Net Cash Flow from Operations is expected to grow to about 269.6 M. The current year Free Cash Flow is expected to grow to about 137.9 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Big Lots by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Big Lots' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Big Lots' earnings, one of the primary drivers of an investment's value.

Big Lots Cash Flow from Operations vs. Number of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Big Lots 
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
7.79 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Big Lots 
Operating Cash Flow 
 = 
EBITDA 
-  
Taxes 
193.76 M
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.

Big Lots Cash Flow from Operations Comparison

Big Lots is currently under evaluation in cash flow from operations category among related companies.

Big Lots Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Big Lots, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Big Lots will eventually generate negative long term returns. The profitability progress is the general direction of Big Lots' change in net profit over the period of time. It can combine multiple indicators of Big Lots, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income-13.2 M-14.2 M
Consolidated Income177.8 M153.7 M
Net Income177.8 M153.7 M
Net Income Common Stock177.8 M153.7 M
Net Loss Income from Discontinued Operations25.7 M20.9 M
Operating Income239.8 M244.3 M
Income Tax Expense54 M73.3 M
Net Income Per Employee4.9 K4.3 K

Big Lots Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Big Lots. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Big Lots position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Big Lots' important profitability drivers and their relationship over time.

Use Big Lots in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Big Lots position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Big Lots will appreciate offsetting losses from the drop in the long position's value.

Big Lots Pair Trading

Big Lots Pair Trading Analysis

The ability to find closely correlated positions to Big Lots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Lots when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big Lots - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big Lots to buy it.
The correlation of Big Lots is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big Lots can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Big Lots position

In addition to having Big Lots in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Communication Thematic Idea Now

Communication
Communication Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
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Continue to Trending Equities. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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To fully project Big Lots' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Big Lots at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Big Lots' income statement, its balance sheet, and the statement of cash flows.
Potential Big Lots investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Big Lots investors may work on each financial statement separately, they are all related. The changes in Big Lots's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Big Lots's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.