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Best Buy Co (BBY)
NYSE:BBY
Best Buy Co (BBY) Stock Price & Analysis
2,888 Followers
BBY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.79 - $85.08
Previous Close$76.23
Volume2.31M
Average Volume (3M)3.16M
Market Cap
$16.42B
Enterprise Value$18.95B
Total Cash (Recent Filing)$1.45B
Total Debt (Recent Filing)$3.98B
Price to Earnings (P/E)13.4
Beta1.38
Next Earnings
May 22, 2024EPS Estimate
$1.08Last Dividend Ex-Date
Mar 20, 2024Dividend Yield4.92%
Share Statistics
EPS (TTM)5.69
Shares Outstanding215,381,395
10 Day Avg. Volume2,842,822
30 Day Avg. Volume3,163,444
Standard Deviation0.11
R-Squared0.53
Alpha-0.00643
Financial Highlights & Ratios
Price to Book (P/B)9.84
Price to Sales (P/S)0.37
Price to Cash Flow (P/CF)3.50
P/FCF Ratio4.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.44
Enterprise Value/Gross Profit1.97
Enterprise Value/Ebitda13.67
Forecast
1Y Price Target
$86.62Price Target Upside13.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Best Buy Co News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceQ4 earnings before interest and taxes topped expectations with a solid performance.
Market PositioningLegalZoom is well-positioned in the face of AI proliferation in the industry.
Membership GrowthBBY now has 7M paid members, with profits from the program driving EBIT% expansion.
Bears Say
Market CompetitionBBY comped approximately 6 points below the Census category in the current year.
Sales PerformanceSales growth in key product categories like computing is expected, but other product sales are anticipated to be flat or slightly down in the fiscal year.
Valuation ConcernsDespite a favorable quarterly performance, the stock is challenged by a premium price-to-earnings ratio compared to historical averages.
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Ownership Overview
13.18% Insiders
24.85% Mutual Funds
32.52% Other Institutional Investors
29.44% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Best Buy Co
Desktop Users
Mobile Users
BBY FAQ
What was Best Buy Co’s price range in the past 12 months?
Best Buy Co lowest stock price was $60.78 and its highest was $85.08 in the past 12 months.
What is Best Buy Co’s market cap?
Currently, no data Available
When is Best Buy Co’s upcoming earnings report date?
Best Buy Co’s upcoming earnings report date is May 22, 2024 which is in 34 days.
How were Best Buy Co’s earnings last quarter?
Best Buy Co released its earnings results on Feb 29, 2024. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.525 by $0.195.
Is Best Buy Co overvalued?
According to Wall Street analysts Best Buy Co’s price is currently Undervalued.
Does Best Buy Co pay dividends?
Best Buy Co pays a Quarterly dividend of $0.94 which represents an annual dividend yield of 4.92%. See more information on Best Buy Co dividends here
What is Best Buy Co’s EPS estimate?
Best Buy Co’s EPS estimate is $1.08.
How many shares outstanding does Best Buy Co have?
Best Buy Co has 215,395,970 shares outstanding.
What happened to Best Buy Co’s price movement after its last earnings report?
Best Buy Co reported an EPS of $2.72 in its last earnings report, beating expectations of $2.525. Following the earnings report the stock price went up 1.512%.
Which hedge fund is a major shareholder of Best Buy Co?
Among the largest hedge funds holding Best Buy Co’s share is Mairs & Power Inc. It holds Best Buy Co’s shares valued at 42M.
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Best Buy Co Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$86.62 (13.63% Upside)
$86.62 (13.63% Upside)
Blogger Sentiment
Neutral
BBY Sentiment 59%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 367.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 19.4%
Last 30 Days ▲ 19.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.24%
12-Months-Change
Fundamentals
Return on Equity
42.44%
Trailing 12-Months
Asset Growth
-5.29%
Trailing 12-Months
Company Description
Best Buy Co
Founded in 1966, Minnesota-based Best Buy Co., Inc. is a consumer electronics company, which provides consumer technology products and services in the US, Canada and Mexico. It operates in two business segments: Domestic and International.
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BBY Earnings Call
Q4 2024
0:00 / 0:00
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BBY Revenue Breakdown
42.53% Computing and Mobile Phones
29.85% Consumer Electronics
13.36% Appliances
7.74% Entertainment
6.52% Other
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BBY Stock 12 Months Forecast
Average Price Target
$86.62
▲(13.63% Upside)
Technical Analysis
Best Analysts Covering BBY
1 Year
1 Year Success Rate
28/40 ratings generated profit
1 Year Average Return
+13.20%
reiterated a buy rating 28 days ago
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +13.20% per trade.
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