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Best Buy Co (BBY)
NYSE:BBY
Best Buy Co (BBY) Stock Price & Analysis
3,049 Followers
BBY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.18 - $92.78
Previous Close$82.29
Volume3.11M
Average Volume (3M)3.27M
Market Cap
$17.75B
Enterprise Value$20.52B
Total Cash (Recent Filing)$1.21B
Total Debt (Recent Filing)$3.98B
Price to Earnings (P/E)14.4
Beta1.23
Next Earnings
Aug 27, 2024EPS Estimate
$1.17Last Dividend Ex-Date
Jun 20, 2024Dividend Yield4.39%
Share Statistics
EPS (TTM)5.71
Shares Outstanding215,713,754
10 Day Avg. Volume3,791,394
30 Day Avg. Volume3,268,422
Standard Deviation0.11
R-Squared0.52
Alpha-0.00465
Financial Highlights & Ratios
Price to Book (P/B)11.48
Price to Sales (P/S)2.20
Price to Cash Flow (P/CF)31.30
P/FCF Ratio372.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.48
Enterprise Value/Gross Profit2.14
Enterprise Value/Ebitda14.91
Forecast
1Y Price Target
$90.55Price Target Upside10.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Best Buy Co News
PremiumStock Analysis & Ideas
Best Buy Stock (NYSE:BBY): Still Attractive at New 52-Week High
Bulls Say, Bears Say
Bulls Say
Consumer TrendsVisitation to the most popular product research & review sites for CE, gaming, and home theater shows May was +10% y/y, a sixth consecutive DD% y/y increase after flipping positive in October.
Earnings Performance1QF25 earnings print proved GM execution remains best-in-class with company-specific drivers able to offset external pressures like higher promotional activity.
Product InnovationThe upcoming debut of A.I. PCs is driving interest from a small cohort of consumers, including tech enthusiasts, content creators, and gamers.
Bears Say
Consumer BehaviorThere is 2H SSS risk in the face of consumer uncertainty (election distraction and shortened holiday calendar).
Financial PerformanceEnterprise same-store sales (comp) declined by 6.1%, primarily due to weaker performance in appliances, home theater, gaming, and phones.
Market ConditionsThe promotional environment overall was higher in breadth and depth than their expectations, with the appliance category being materially more promotional to stimulate sales.
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Ownership Overview
11.79% Insiders
24.45% Mutual Funds
29.71% Other Institutional Investors
34.05% 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 $60.17 and its highest was $92.78 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 Aug 27, 2024 which is in 55 days.
How were Best Buy Co’s earnings last quarter?
Best Buy Co released its earnings results on May 30, 2024. The company reported $1.2 earnings per share for the quarter, beating the consensus estimate of $1.075 by $0.125.
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 4.39%. See more information on Best Buy Co dividends here
What is Best Buy Co’s EPS estimate?
Best Buy Co’s EPS estimate is $1.17.
How many shares outstanding does Best Buy Co have?
Best Buy Co has 215,713,760 shares outstanding.
What happened to Best Buy Co’s price movement after its last earnings report?
Best Buy Co reported an EPS of $1.2 in its last earnings report, beating expectations of $1.075. Following the earnings report the stock price went up 13.417%.
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 57M.
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Best Buy Co Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$90.55 (10.20% Upside)
$90.55 (10.20% Upside)
Blogger Sentiment
Bullish
BBY Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 150.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $167.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 8.2%
Last 30 Days ▲ 8.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.29%
12-Months-Change
Fundamentals
Return on Equity
42.31%
Trailing 12-Months
Asset Growth
0.44%
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
Q1 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 Month Forecast
Average Price Target
$90.55
▲(10.20% Upside)
Technical Analysis
Best Analysts Covering BBY
1 Year
1 Year Success Rate
31/42 ratings generated profit
1 Year Average Return
+13.69%
reiterated a buy rating 26 days ago
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 73.81% of your transactions generating a profit, with an average return of +13.69% per trade.
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