Big Lots upgraded by Loop Capital with a new price target
$BIG
Department/Specialty Retail Stores
Consumer Discretionary
Loop Capital upgraded Big Lots from Sell to Hold and set a new price target of $1.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/11/2024 | $1.00 | Sell → Hold | Loop Capital |
| 6/7/2024 | $5.00 → $2.50 | Market Perform | Telsey Advisory Group |
| 2/12/2024 | $6.00 → $1.00 | Hold → Sell | Loop Capital |
| 12/12/2023 | $6.00 → $7.00 | Market Perform | Telsey Advisory Group |
| 11/28/2023 | $8.50 → $5.50 | Market Perform | Telsey Advisory Group |
| 4/21/2023 | $12.00 → $7.00 | Neutral → Underweight | Piper Sandler |
| 12/20/2022 | $15.00 | Underperform | Credit Suisse |
| 12/2/2022 | $23.00 → $20.00 | Market Perform | Telsey Advisory Group |
Expands opportunities for influential creators and publishers to earn commissions Builds on Big Lots' organic popularity with bargain-savvy influencersSigns new partnership with impact.com to launch and scale programCOLUMBUS, Ohio, Sept. 26, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC:BIG), today announced the launch of a new affiliate program, designed to build on its organic and grassroots popularity with bargain-savvy creators and publishers on social media and beyond. The program offers influential partners an exclusive opportunity to apply to be among the first to share limited-time closeout opportunities, extreme bargains and promotions with their valued communities and earn a commission
COLUMBUS, Ohio, March 5, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE:BIG), America's Discount Home Store, today announced that Maureen B. Short has been appointed to its Board of Directors, effective March 1, 2024. Ms. Short served as the Chief Financial Officer of Upbound Group, Inc. (formerly known as Rent-A-Center), a publicly traded, multi-site, and omni-channel retailer from 2016 to 2022. Commenting on today's announcement, Cynthia T. Jamison, board chair, stated, "Maureen brings more than 25 years of operational leadership and financial experience. Her proven track record of leading discount retail organizations through times of transformation will undoubtably be an asset. We expect she
Home Discount Retailer Names Kristen Cox SVP, Chief Stores Officer and Seth Marks To Newly Created Role of SVP, Extreme Value Sourcing COLUMBUS, Ohio, Nov. 30, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE:BIG), one of America's largest home discount retailers, today announced the appointment of two new leaders to fill roles on its senior leadership team. Experienced stores leader Kristen Cox is joining Big Lots as SVP, Chief Stores Officer, and closeout merchandising leader Seth Marks is joining the company in the newly formed role of SVP, Extreme Value Sourcing, focused on procuring outstanding products at exceptional values through unique closeout opportunities. Both Cox and Marks will begin
Boston, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has agented a $150 million debtor-in-possession (DIP) term loan for Big Lots Inc. The U.S. closeout retailer focused on value will use the DIP loan during ongoing Chapter 11 bankruptcy proceedings to support the going-concern sale and stalking horse bid. "Having established a working relationship with Big Lots over the last few years, and having previously provided a $200 million delayed draw term loan, we continue to provide a full suite of holistic services for a complete solutions-driven package," said Kyle C. Shonak, Senior Managing Director, Transaction Team & Head of North America Lending at Go
Donations will support local relief efforts across Florida and North Carolina through the United Way's Disaster Relief Fund COLUMBUS, Ohio, Oct. 24, 2024 /PRNewswire/ -- The Big Lots Foundation is donating $200,000 to support relief and recovery efforts in communities impacted by Hurricanes Helene and Milton through the United Way as it responds to critical needs including emergency shelter, food and water, as well as long-term rebuilding and recovery efforts. The United Way will bring together corporate partners, its network and other nonprofits through Hurricane Helene and Hurricane Milton Disaster Relief and Recovery Funds to assist those affected. United Way will continue to work closely
COLUMBUS, Ohio, Oct. 9, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC:BIG) announced today in observance of World Mental Health Day (October 10), a special four-day promotion to assist children in local communities. The Kindness Kits Challenge, part of Big Lots' Kids Mental Health Foundation (KMHF) fall point-of-sale campaign, will dedicate funds raised at the register from October 10-13 to distribute kindness kits to local elementary schools in communities near Big Lots store locations. Beginning in September and continuing through October, Big Lots customers have been able to round up their purchases or donate $1, $2, $5, or more at checkout. Dollars raised through the campaign support The Kids
4 - BIG LOTS INC (0000768835) (Issuer)
Loop Capital upgraded Big Lots from Sell to Hold and set a new price target of $1.00
Telsey Advisory Group reiterated coverage of Big Lots with a rating of Market Perform and set a new price target of $2.50 from $5.00 previously
Loop Capital downgraded Big Lots from Hold to Sell and set a new price target of $1.00 from $6.00 previously
SC 13G/A - BIG LOTS INC (0000768835) (Subject)
SC 13G/A - BIG LOTS INC (0000768835) (Subject)
SC 13G/A - BIG LOTS INC (0000768835) (Subject)
4 - BIG LOTS INC (0000768835) (Issuer)
4 - BIG LOTS INC (0000768835) (Issuer)
4 - BIG LOTS INC (0000768835) (Issuer)
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Conn’s Inc (NASDAQ:CONN) On June 26, Conn’s received a delinquency notification letter from Nasdaq. The company'
In the preceding three months, 4 analysts have released ratings for Big Lots (NYSE:BIG), presenting a wide array of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $2.75, a high estimate of $5.00, and a low estimate of $1.00. A 18.64% drop is evident in the current average compared to the p
10-Q - BIG LOTS INC (0000768835) (Filer)
8-K - BIG LOTS INC (0000768835) (Filer)
8-K - BIG LOTS INC (0000768835) (Filer)
Closeout Deal Includes Halloween Indoor and Outdoor Décor; Children, Adult and Pet Costumes; and Trick-or-Treat Essentials For 50-70% Less Than Original Retail Pricing COLUMBUS, Ohio, Aug. 20, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE:BIG), today announced the acquisition of its biggest extreme bargain Halloween closeout ever after purchasing a well-known national party supply retailer's overstock, originally valued at $11 million. The deal covers hundreds of new Halloween items, including indoor and outdoor décor; costumes for adults, children and pets; pumpkin carving kits; tableware; trick-or-treat essentials; apparel and more that will be sold for 50-70% less than their original retail p
Company to Broadcast Conference Call COLUMBUS, Ohio, Aug. 15, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE:BIG) today announced it will report the results for the second quarter of fiscal 2024 on Friday, September 6, 2024. The company will host a conference call at 8:00 a.m. Eastern Time on Friday, September 6, 2024. A live webcast of the call will be available through the Investor Relations section of its website at http://www.biglots.com/corporate/investors/ or by phone by dialing 877.407.3088 (Toll Free) or 201.389.0927 (Toll). An archive will be available on the Investor Relations section of the company's website at http://www.biglots.com/corporate/investors/ through midnight Friday, Septem
Q1 comparable sales decline due to challenging consumer environment; gross margins significantly improved year-over-year and continued reductions in adjusted operating expenses Q1 GAAP EPS loss of $6.99; adjusted EPS loss of $4.51 Expect significant quarterly year-over-year gross margin rate improvements through 2024, with a path to positive comparable sales later in the year On track to achieve 75% bargains penetration and, within that, 50% extreme bargains penetration by year-end Raising Project Springboard cumulative savings target in 2024; ahead of schedule to achieve most of the $200 million+ benefit by year-end Ended Q1 with $289 million of liquidity, including availability under the