Big Lots (NYSE:BIG) posted its quarterly earnings data on Friday. The company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.02, Bloomberg Earnings reports. Big Lots had a net margin of 3.31% and a return on equity of 30.32%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the firm posted $0.04 EPS. The company’s quarterly revenue was up .5% on a year-over-year basis. Big Lots updated its FY18 guidance to $4.23-4.28 EPS.

Shares of Big Lots (BIG) traded down $0.89 during midday trading on Friday, reaching $58.21. 3,841,745 shares of the company traded hands, compared to its average volume of 733,383. The company has a market capitalization of $2,471.13, a price-to-earnings ratio of 14.06, a PEG ratio of 1.02 and a beta of 0.98. Big Lots has a fifty-two week low of $45.10 and a fifty-two week high of $60.18. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.27 and a current ratio of 1.62.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.72%. Big Lots’s dividend payout ratio is presently 25.58%.

BIG has been the topic of a number of analyst reports. Loop Capital set a $64.00 price objective on shares of Big Lots and gave the company a “buy” rating in a research note on Wednesday, August 30th. Zacks Investment Research lowered shares of Big Lots from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. KeyCorp reaffirmed a “buy” rating and issued a $58.00 price objective on shares of Big Lots in a research note on Friday, November 10th. ValuEngine raised shares of Big Lots from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Finally, Oppenheimer set a $60.00 price objective on shares of Big Lots and gave the company a “buy” rating in a research note on Friday, August 25th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $59.09.

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

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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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