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Best Buy Co (BBY)
NYSE:BBY
Holding BBY?
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BBY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$69.29 - $103.71
Previous Close$85.2
Volume5.21M
Average Volume (3M)3.04M
Market Cap
$18.22B
Enterprise Value$21.64B
Total Cash (Recent Filing)$643.00M
Total Debt (Recent Filing)$4.07B
Price to Earnings (P/E)14.6
Beta0.76
Next Earnings
Feb 27, 2025EPS Estimate
$2.39Last Dividend Ex-Date
Dec 17, 2024Dividend Yield4.35%
Share Statistics
EPS (TTM)5.85
Shares Outstanding213,795,603
10 Day Avg. Volume3,398,592
30 Day Avg. Volume3,042,868
Standard Deviation0.11
R-Squared0.50
Alpha-0.00744
Financial Highlights & Ratios
Price to Book (P/B)5.91
Price to Sales (P/S)0.44
Price to Cash Flow (P/CF)-18.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.51
Enterprise Value/Gross Profit2.25
Enterprise Value/Ebitda12.27
Forecast
1Y Price Target
$100.50Price Target Upside17.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Best Buy Co News
Bulls Say, Bears Say
Bulls Say
Consumer DemandInvestors under-appreciate the degree of replacement demand that exists and will build, along with the innovation level in computing driving adoption ahead.
Financial PerformanceThe stock is trading at a significant discount to the market, only 13x the 2025 earnings.
Market PositionBest Buy held market share against Census data for the first time in 15 quarters, marking a significant achievement.
Bears Say
Growth OutlookPotential headwinds to Best Buy's growth outlook include less support from the paid membership/services category and ongoing promotional pressures.
Sales PerformanceBest Buy has now posted 12 quarters in a row of negative comps and geo stacked comps since 2019 are approximately flat.
Tariff And Supply Chain RisksTariffs pose an additional risk given ~60% of Best Buy's cost of goods sold come from China.
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Ownership Overview
7.92% Insiders
19.78% Mutual Funds
13.89% Other Institutional Investors
27.14% 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 $69.29 and its highest was $103.71 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 Feb 27, 2025 which is in 68 days.
How were Best Buy Co’s earnings last quarter?
Best Buy Co released its earnings results on Nov 26, 2024. The company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.293 by -$0.033.
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 $0.939 which represents an annual dividend yield of 4.35%. See more information on Best Buy Co dividends here
What is Best Buy Co’s EPS estimate?
Best Buy Co’s EPS estimate is $2.39.
How many shares outstanding does Best Buy Co have?
Best Buy Co has 213,795,610 shares outstanding.
What happened to Best Buy Co’s price movement after its last earnings report?
Best Buy Co reported an EPS of $1.26 in its last earnings report, missing expectations of $1.293. Following the earnings report the stock price went down -4.889%.
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 77M.
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Best Buy Co Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$100.50 (17.48% Upside)
$100.50 (17.48% Upside)
Blogger Sentiment
Bullish
BBY Sentiment 71%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 220.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.04%
12-Months-Change
Fundamentals
Return on Equity
43.09%
Trailing 12-Months
Asset Growth
0.81%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in the computing and tablet categories, successful early holiday sales, and significant improvements in employee engagement and services gross profit rates. However, challenges such as a decline in comparable sales, revenue, and operating income rate, as well as underperformance in key categories like appliances and home theater, balanced the positive aspects.Read More>---
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
$100.50
▲(17.48% Upside)
Technical Analysis
Best Analysts Covering BBY
1 Year
1 Year Success Rate
33/46 ratings generated profit
1 Year Average Return
+13.29%
reiterated a buy rating 4 days ago
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 71.74% of your transactions generating a profit, with an average return of +13.29% per trade.
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