Big Lots Inc. (NYSE:BIG) is set to announce its Q316 earnings results on Friday, December 2nd. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $1.12 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Earnings History for Big Lots (NYSE:BIG)

Shares of Big Lots Inc. (NYSE:BIG) opened at 50.61 on Thursday. The stock has a market cap of $2.25 billion, a PE ratio of 15.75 and a beta of 0.82. Big Lots Inc. has a 1-year low of $33.78 and a 1-year high of $56.30. The stock’s 50 day moving average price is $46.91 and its 200 day moving average price is $49.38.

A number of hedge funds have recently made changes to their positions in BIG. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Big Lots by 171.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,153 shares of the company’s stock valued at $151,000 after buying an additional 1,992 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Big Lots during the third quarter valued at $372,000. Advisor Group Inc. acquired a new stake in shares of Big Lots during the second quarter valued at $405,000. Algert Global LLC acquired a new stake in shares of Big Lots during the second quarter valued at $560,000. Finally, Counsel Portfolio Services Inc. acquired a new stake in shares of Big Lots during the second quarter valued at $569,000.

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A number of equities research analysts have weighed in on BIG shares. MKM Partners restated a “buy” rating and set a $60.00 price objective on shares of Big Lots in a research note on Thursday, August 25th. Zacks Investment Research upgraded Big Lots from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Monday, August 29th. Citigroup Inc. lowered their price objective on Big Lots from $62.00 to $59.00 and set a “buy” rating for the company in a research note on Thursday, September 1st. Barclays PLC started coverage on Big Lots in a research report on Friday, September 23rd. They issued an “equal weight” rating and a $51.00 target price for the company. Finally, KeyCorp decreased their target price on Big Lots from $60.00 to $58.00 and set an “overweight” rating for the company in a research report on Thursday, October 6th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. Big Lots has a consensus rating of “Hold” and an average target price of $49.72.

Big Lots Company Profile

5 Day Chart for NYSE:BIG

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