Big Lots: S&P Intraday Laggard

NEW YORK ( TheStreet) -- Big Lots ( BIG) was the worst-performing stock in the S&P 500 Thursday morning.

The S&P was lower by 12.7 points, or 0.9%, to 1,392.84.

Shares of Big Lots dropped 5.66% to $43.01. Big Lots has had a series of insider trades in March, including a sale by the retailer's CEO of 227,500 shares on March 20 at $45.23 a share.

Shares of Big Lots hit a 52-week high Tuesday of $47.20. The stock's 52-week low of $28.89 was set on Aug. 8.

Big Lots has an estimated price-to-earnings ratio for next year of 10.63 times; the average for broad-line retailers is 20.85. For comparison, both Wal-Mart ( WMT) and Amazon ( AMZN) have higher forward P/Es of 11.47 and 49.39, respectively.

Twelve of the 17 analysts who cover Big Lots rated it buy; five analysts gave the stock a hold rating.

TheStreet Ratings gives Big Lots an A- grade with a buy rating and a $59.54 price target. The stock has risen 13.72% year to date.

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-- Written by Alexandra Zendrian

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