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Best Buy Co (BBY)
NYSE:BBY
Holding BBY?
Track your performance easily
BBY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.30 - $103.71
Previous Close$89.2
Volume2.63M
Average Volume (3M)2.66M
Market Cap
$19.35B
Enterprise Value$22.06B
Total Cash (Recent Filing)$1.39B
Total Debt (Recent Filing)$4.10B
Price to Earnings (P/E)15.5
Beta0.98
Next Earnings
Nov 26, 2024EPS Estimate
$1.3Last Dividend Ex-Date
Sep 19, 2024Dividend Yield4.15%
Share Statistics
EPS (TTM)5.80
Shares Outstanding214,725,246
10 Day Avg. Volume2,732,234
30 Day Avg. Volume2,662,939
Standard Deviation0.11
R-Squared0.51
Alpha-0.00516
Financial Highlights & Ratios
Price to Book (P/B)6.16
Price to Sales (P/S)0.45
Price to Cash Flow (P/CF)7.30
P/FCF Ratio9.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit2.30
Enterprise Value/Ebitda12.46
Forecast
1Y Price Target
$105.21Price Target Upside17.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Best Buy Co News
Bulls Say, Bears Say
Bulls Say
Customer Engagement And GrowthMore consumers are finding value in 'belonging' with paid members showing material growth, highlighting increased customer engagement.
Financial PerformanceBBY reported 2Q25 adjusted EPS of $1.34, above the GS estimate of $1.21 and consensus of $1.16, indicating strong financial performance.
Innovation And Technological AdvancementsThe company believes that AI will be a driver of innovation and will change how we interact with devices with screens, such as phones, tablets, and TVs.
Bears Say
Market Share PressureLong-term market share pressure from omni-channel competitors like Walmart and Costco could offset expected upside related to growth in computing.
Promotions And MarginsPromotions are expected to remain elevated, particularly in major appliances and TVs, resulting in some pressure on product margins through the balance of the year.
Sales And Revenue DeclineSales decreased 3.1% y/y to $9.288bn and enterprise comparable sales decreased 2.3% y/y.
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Ownership Overview
7.89% Insiders
19.48% Mutual Funds
4.19% Other Institutional Investors
37.28% 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 $62.30 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 Nov 26, 2024 which is in 17 days.
How were Best Buy Co’s earnings last quarter?
Best Buy Co released its earnings results on Aug 29, 2024. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.159 by $0.181.
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 4.15%. See more information on Best Buy Co dividends here
What is Best Buy Co’s EPS estimate?
Best Buy Co’s EPS estimate is $1.3.
How many shares outstanding does Best Buy Co have?
Best Buy Co has 214,725,250 shares outstanding.
What happened to Best Buy Co’s price movement after its last earnings report?
Best Buy Co reported an EPS of $1.34 in its last earnings report, beating expectations of $1.159. Following the earnings report the stock price went up 14.11%.
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 63M.
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Best Buy Co Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$105.21 (17.95% Upside)
$105.21 (17.95% Upside)
Blogger Sentiment
Bullish
BBY Sentiment 66%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 121.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.81%
12-Months-Change
Fundamentals
Return on Equity
42.41%
Trailing 12-Months
Asset Growth
2.00%
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
Q2 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
$105.21
▲(17.95% Upside)
Technical Analysis
Best Analysts Covering BBY
1 Year
1 Year Success Rate
33/44 ratings generated profit
1 Year Average Return
+14.54%
reiterated a buy rating 2 months ago
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +14.54% per trade.
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