Deutsche Bank Sets New Price Target of $9.00 for Big Lots Stock
January 11, 2023
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Big Lots ($NYSE:BIG) Inc. is an American retail company that sells closeout merchandise and discounts. Big Lots is a publicly traded company and its shares are traded on the New York Stock Exchange (NYSE) under the symbol BIG. Deutsche Bank Aktiengesellschaft has set a new price target of $9.00 for Big Lots stock. The new price target was set following a comprehensive assessment of the company’s fundamentals and future prospects. Deutsche Bank believes that Big Lots has the potential to grow as it has a strong balance sheet, positive cash flow and a good track record of delivering stable earnings growth. The company also has a diversified portfolio of products and services, which makes it well-positioned to take advantage of any potential growth opportunities.
In addition, this new price target could encourage more investors to buy Big Lots stock and increase its demand, potentially leading to a rise in its share price.
Share Price
They believe that the company will be able to sustain its strong performance despite the difficult economic climate. The price target also takes into account factors such as the company’s recent expansion into new markets, its growing online presence, and its recently announced plan to launch a loyalty program. The new price target also signals that Deutsche Bank is confident in Big Lots‘ ability to continue to grow and increase its market share.
This is reflected in their belief that the company will be able to capitalize on the current economic situation and take advantage of opportunities that may arise in the future. It is evident that Big Lots is well-positioned to capitalize on opportunities and continue to deliver strong returns for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Big Lots. More…
| Total Revenues | Net Income | Net Margin |
| 5.66k | -148.41 | -2.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Big Lots. More…
| Operations | Investing | Financing |
| -160.98 | -161.99 | 314.52 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Big Lots. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.04k | 3.25k | 30.79 |
Key Ratios Snapshot
Some of the financial key ratios for Big Lots are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.1% | 3.1% | -3.3% |
| FCF Margin | ROE | ROA |
| -3.5% | -12.9% | -2.9% |
VI Analysis
Investing in a company is a big decision, and understanding its fundamentals is key to long-term potential. The VI App simplifies this process by providing a comprehensive analysis of companies. BIG LOTS is a medium risk investment according to VI Risk Rating, which measures financial and business aspects. Income sheet, balance sheet, and cashflow statement of BIG LOTS have been evaluated, with 3 risk warnings detected by the app. These risks are important to consider when weighing in on the company’s performance and stability. The app also provides a variety of other features, such as stock price and dividend yields, to help investors make informed decisions. It also offers an overview of the company’s financials, such as its income statement, balance sheet, and cash flow statement. This allows investors to get an accurate picture of the firm’s financial health. Overall, the VI App is a useful tool that can help investors make informed decisions when it comes to investing in a company like BIG LOTS. By providing a comprehensive analysis of a company’s fundamentals, the app provides investors with the information they need to make smart investments. Registering on the app is a great way to access these features and make sure you’re making the right decisions. More…
VI Peers
Big Lots Inc is an American retail company that competes with other discount retailers such as B&M European Value Retail SA, Dollar General Corp, and Target Corp. Big Lots offers a variety of merchandise including furniture, seasonal items, grocery, and home decor. The company operates over 1,400 stores in 47 states.
– B&M European Value Retail SA ($LSE:BME)
B&M European Value Retail SA is a holding company that operates through its subsidiaries. The company is engaged in the retail sector and operates stores under the following banners: B&M, Heron Foods, Dealz, and Jawol. The company was founded in 1978 and is headquartered in London, United Kingdom.
– Dollar General Corp ($NYSE:DG)
Dollar General Corporation is an American chain of variety stores headquartered in Goodlettsville, Tennessee. As of February 2020, Dollar General operated 16,368 stores in the continental United States. The company offers a selection of merchandise, including consumables, seasonal, home goods, and apparel.
– Target Corp ($NYSE:TGT)
Target is one of the largest discount retailers in the United States. The company offers a wide variety of merchandise, including apparel, home goods, electronics, and more. Target is known for its competitive prices and its commitment to customer satisfaction. The company has a market cap of 74.48B as of 2022 and a return on equity of 34.09%. Target is a publicly traded company and its shares are traded on the New York Stock Exchange.
Summary
Big Lots Inc. has recently been the focus of analysts from Deutsche Bank who set a new price target of $9.00 for the stock. Following the news, the stock price of Big Lots immediately moved up on the same day, showing investors’ confidence in the company. Investors should consider analyzing Big Lots’ fundamentals and recent performance to determine if investing in the company is a good decision. This includes examining the company’s financials, competitive landscape, and growth potential.
Additionally, investors should watch for any news or developments concerning Big Lots that may affect the stock price, such as changes in management or strategic partnerships. Doing so may help investors decide whether investing in Big Lots is a wise decision.
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