Zacks Research Equities Analysts Decrease Earnings Estimates for Big Lots, Inc. (NYSE:BIG)

Big Lots, Inc. (NYSE:BIG) – Zacks Research dropped their Q1 2025 EPS estimates for Big Lots in a report released on Thursday, March 21st. Zacks Research analyst S. Singh now forecasts that the company will earn ($4.11) per share for the quarter, down from their prior forecast of ($2.60). The consensus estimate for Big Lots’ current full-year earnings is ($10.53) per share. Zacks Research also issued estimates for Big Lots’ Q2 2025 earnings at ($3.70) EPS, Q3 2025 earnings at ($3.71) EPS, Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($11.64) EPS, Q1 2026 earnings at ($3.37) EPS, Q2 2026 earnings at ($3.00) EPS, Q3 2026 earnings at ($3.11) EPS, Q4 2026 earnings at $0.11 EPS, FY2026 earnings at ($9.38) EPS and FY2027 earnings at ($8.41) EPS.

A number of other research analysts have also weighed in on the company. Piper Sandler cut their price objective on Big Lots from $6.00 to $3.50 and set an “underweight” rating for the company in a research report on Friday, December 1st. Telsey Advisory Group dropped their price objective on shares of Big Lots from $7.00 to $5.00 and set a “market perform” rating for the company in a research note on Tuesday, February 13th. StockNews.com raised Big Lots from a “sell” rating to a “hold” rating in a research note on Thursday, March 21st. Finally, Loop Capital downgraded Big Lots from a “hold” rating to a “sell” rating in a research report on Monday, February 12th. Four equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. Based on data from MarketBeat, Big Lots presently has a consensus rating of “Reduce” and a consensus target price of $5.25.

Big Lots Stock Performance

NYSE:BIG opened at $3.65 on Monday. The company has a current ratio of 1.31, a quick ratio of 0.16 and a debt-to-equity ratio of 1.43. Big Lots has a 12-month low of $3.47 and a 12-month high of $12.27. The stock has a 50-day moving average price of $4.94 and a 200 day moving average price of $5.25. The stock has a market capitalization of $106.65 million, a P/E ratio of -0.22 and a beta of 2.34.

Big Lots (NYSE:BIG) last issued its quarterly earnings results on Thursday, March 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.05). Big Lots had a negative return on equity of 90.53% and a negative net margin of 10.20%. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company posted ($0.28) EPS. The company’s quarterly revenue was down 7.2% on a year-over-year basis.

Hedge Funds Weigh In On Big Lots

A number of large investors have recently made changes to their positions in BIG. Quadrature Capital Ltd purchased a new stake in Big Lots in the 4th quarter valued at about $245,000. Vanguard Group Inc. lifted its position in Big Lots by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 1,542,139 shares of the company’s stock valued at $12,013,000 after acquiring an additional 10,702 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Big Lots during the 4th quarter valued at $400,000. Occudo Quantitative Strategies LP raised its position in shares of Big Lots by 470.8% in the 4th quarter. Occudo Quantitative Strategies LP now owns 89,580 shares of the company’s stock valued at $698,000 after purchasing an additional 73,886 shares during the last quarter. Finally, Scion Asset Management LLC purchased a new position in shares of Big Lots in the fourth quarter worth $1,753,000. 75.96% of the stock is owned by hedge funds and other institutional investors.

About Big Lots

Big Lots, Inc, through its subsidiaries, operates as a home discount retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattresses, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of home décor, frames, fashion and utility bedding, bath, window, decorative textile, and area rugs departments; and food category that includes beverage and grocery, specialty foods, and pet departments.