Big Lots could now close as many as 315 stores nationwide, three in Greater Cincinnati
BIGDelisted Stock | USD 0.10 0.02 16.67% |
Roughly 61% of Big Lots' investor base is looking to short. The analysis of current outlook of investing in Big Lots suggests that many traders are alarmed regarding Big Lots' prospects. The current market sentiment, together with Big Lots' historical and current headlines, can help investors time the market. In addition, many technical investors use Big Lots stock news signals to limit their universe of possible portfolio assets.
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Columbus-based Big Lots Inc. expects to close up to 315 stores nationwide, including three in Greater Cincinnati.
Read at bizjournals.com
Big Lots Fundamental Analysis
We analyze Big Lots' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Big Lots using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Big Lots based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Big Lots is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Big Lots Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Big Lots stock to make a market-neutral strategy. Peer analysis of Big Lots could also be used in its relative valuation, which is a method of valuing Big Lots by comparing valuation metrics with similar companies.
Peers
Big Lots Related Equities
DLTR | Dollar Tree | 3.44 | ||||
TGT | Target | 2.80 | ||||
DG | Dollar General | 2.17 | ||||
WMT | Walmart | 0.62 | ||||
BJ | BJs Wholesale | 0.30 | ||||
COST | Costco Wholesale | 1.02 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Big Stock
If you are still planning to invest in Big Lots check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Big Lots' history and understand the potential risks before investing.
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