Big Lots (BIG) Soars: Stock Adds 13.1% in Session
Big Lots Inc. (BIG) was a big mover last session, as the company saw its shares rise over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $37.05 to $39.81 in the past one-month time frame.
The company has seen three positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Big Lots. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Big Lots currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the retail-wholesale sector include Build-A-Bear Workshop Inc. (BBW), Buffalo Wild Wings Inc. (BWLD) and Citi Trends, Inc. (CTRN). All of these sport a Zacks Rank #1 (Strong Buy).
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BIG LOTS INC (BIG): Free Stock Analysis Report
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