Big Lots (NYSE:BIG) posted its earnings results on Thursday. The company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02, Bloomberg Earnings reports. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. Big Lots had a return on equity of 30.32% and a net margin of 3.31%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.04 EPS.

Big Lots (BIG) traded up $0.47 during mid-day trading on Friday, hitting $59.10. The stock had a trading volume of 1,711,900 shares, compared to its average volume of 1,003,195. The stock has a market cap of $2,510.00, a P/E ratio of 13.73, a P/E/G ratio of 0.99 and a beta of 0.95. Big Lots has a 52-week low of $45.10 and a 52-week high of $60.18. The company has a current ratio of 1.62, a quick ratio of 0.27 and a debt-to-equity ratio of 0.39.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.69%. Big Lots’s dividend payout ratio (DPR) is currently 25.97%.

In other news, CEO David J. Campisi sold 96,940 shares of the firm’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $53.00, for a total value of $5,137,820.00. Following the transaction, the chief executive officer now directly owns 99,203 shares in the company, valued at approximately $5,257,759. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Ronald A. Robins, Jr. sold 1,000 shares of the firm’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $51.00, for a total value of $51,000.00. Following the completion of the transaction, the insider now owns 7,925 shares in the company, valued at $404,175. The disclosure for this sale can be found here. Company insiders own 1.70% of the company’s stock.

A number of analysts have commented on the company. BidaskClub raised Big Lots from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research raised Big Lots from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a report on Thursday. KeyCorp lifted their target price on Big Lots to $63.00 and gave the stock an “overweight” rating in a report on Friday. Piper Jaffray Companies set a $52.00 target price on Big Lots and gave the stock a “hold” rating in a report on Sunday, October 1st. Finally, Deutsche Bank reissued a “buy” rating and issued a $57.00 target price (up previously from $56.00) on shares of Big Lots in a report on Saturday, August 26th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $59.17.

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About Big Lots

Big Lots, Inc is a non-traditional, discount retailer operating in the United States. As of January 28, 2017, the Company operated a total of 1,432 stores. The Company operates through the discount retailing segment. As of January 28, 2017, the Company’s stores are located at various states of the United States, such as Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Maine, Michigan, Montana, Nevada, Nebraska, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, South Carolina, Texas, Utah and Washington.

Earnings History for Big Lots (NYSE:BIG)

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