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BIG

Big Lots

$59.10

0.47 (0.80%)

06:01
12/01/17
12/01
06:01
12/01/17
06:01

Big Lots reports Q3 adj. EPS 6c, consensus 4c

Reports Q3 revenue $1.11B, consensus $1.12B. Reports Q3 SSS up 1%.

  • 01

    Dec

BIG Big Lots
$59.10

0.47 (0.80%)

07/25/17
07/25/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Mondelez (MDLZ) upgraded to Overweight from Neutral at Piper Jaffray with analyst Michael Lavery saying favorable sugar and cocoa costs provide a boost to margins. 2. Big Lots (BIG) upgraded to Buy from Hold at Deutsche Bank analyst Paul Trussell saying the current valuation is "compelling" given the disconnect between the company's "impressive" operating profit growth and multiple. 3. Werner (WERN) upgraded to Neutral from Underperform at BofA/Merrill with analyst Ken Hoexter saying truckload utilization and rates are turning positive. 4. Atlassian (TEAM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Sanjit Singh saying has increased confidence in expansion trends of the user base and said there are clear signs of pricing power, supporting 30% topline growth and 40% free cash flow CAGR over the next 3 years. 5. DSW (DSW) upgraded to Buy from Hold at Deutsche Bank with analyst Paul Trussell saying the shares offer an "intriguing non-apparel value play." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/30/17
LOOP
08/30/17
NO CHANGE
Target $64
LOOP
Buy
Big Lots should consider going private, says Loop Capital
Loop Capital analyst Anthony Chukumba said he believes Big Lots would be attractive to private equity sponsors, that current leveraged finance market conditions would support such a transaction, and that the company should consider going private given the "lack of respect" that its sizeable discount to its peers indicates. A leveraged buyout at $60 per share could be financed and would generate returns "comfortably above" those that private equity firms typically target, he tells investors, adding that he has "no reason to believe a deal is imminent." Chukumba keeps a Buy rating and $64 price target on Big Lots shares.
09/25/17
MSCO
09/25/17
INITIATION
Target $58
MSCO
Overweight
Big Lots initiated with an Overweight at Morgan Stanley
Morgan Stanley analyst Vincent Sinisi initiated Big Lots with an Overweight rating and $58 price target, saying that while the market doubts the company's transformation, he is more bullish on its shift to a more targeted merchandising model and sees a path to steady performance.
09/25/17
09/25/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Johnson & Johnson (JNJ) initiated with a Neutral at Citi. 2. CoreSite Realty (COR) initiated with a Neutral at JPMorgan. 3. Hi-Crush Partners (HCLP) initiated with an Overweight at Piper Jaffray. 4. Zillow (Z, ZG) initiated with a Neutral at Macquarie. 5. Big Lots (BIG) initiated with an Overweight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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WEB

Web.com

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1.2 (5.50%)

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SNPS

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SSNC

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NOW

ServiceNow

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  • 12

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RNG

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QTWO

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  • 12

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QLYS

Qualys

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0.55 (0.94%)

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PTC

PTC

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NEWR

New Relic

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2.77 (4.84%)

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  • 26

    Feb

TYPE

Monotype Imaging

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MODN

Model N

$16.00

0.05 (0.31%)

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MIME

Mimecast

$28.02

-0.72 (-2.51%)

05:04
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IMPV

Imperva

$41.85

0.3 (0.72%)

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GDDY

GoDaddy

$48.95

0.07 (0.14%)

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FTNT

Fortinet

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  • 12

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CSGP

CoStar Group

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CHKP

Check Point

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  • 17

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CUDA

Barracuda

$27.61

0.08 (0.29%)

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ADBE

Adobe

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  • 14

    Dec

SAIL

SailPoint Technologies

$14.83

-0.61 (-3.95%)

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ELGX

Endologix

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