Advertisement
Canada markets closed

  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • Bitcoin CAD

    83,132.65
    -2,756.51 (-3.21%)
     

  • CMC Crypto 200

    1,258.40
    -99.61 (-7.33%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     

  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     

  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     

  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     

  • FTSE

    8,433.76
    +52.41 (+0.63%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     
MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Why Big Lots (BIG) Could Be a Top Value Stock Pick

Zacks Equity Research
·2 min read

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Big Lots, Inc. BIG.

Big Lots in Focus

BIG may be an interesting play thanks to its forward PE of 7.6, its P/S ratio of 0.2, and its decent dividend yield of 3.6%. These factors suggest that Big Lots is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that BIG has decent revenue metrics to back up its earnings.

ADVERTISEMENT

Big Lots, Inc. PE Ratio (TTM)

Big Lots, Inc. PE Ratio (TTM)
Big Lots, Inc. PE Ratio (TTM)

Big Lots, Inc. pe-ratio-ttm | Big Lots, Inc. Quote

But before you think that Big Lots is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 54.7% in the past 30 days, thanks to six upward revisions in the past one month compared to none lower.

This estimate strength is actually enough to push BIG to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, Big Lots is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.1% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Big Lots, Inc. (BIG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research