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Best Buy Co. (BBY)
:BBY
Holding BBY?
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BBY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$69.29 - $103.71
Previous CloseN/A
Volume554.99K
Average Volume (3M)2.83M
Market Cap
$17.58B
Enterprise Value$22.69B
Total Cash (Recent Filing)$3.92B
Total Debt (Recent Filing)$1.32B
Price to Earnings (P/E)14.2
Beta0.75
Next Earnings
Feb 27, 2025EPS Estimate
2.39Last Dividend Ex-Date
Dec 17, 2024Dividend Yield4.52%
Share Statistics
EPS (TTM)5.85
Shares Outstanding213,795,610
10 Day Avg. Volume2,367,690
30 Day Avg. Volume2,829,803
Standard Deviation0.11
R-Squared0.50
Alpha-0.00825
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.42
Price to Cash Flow (P/CF)-17.40
P/FCF Ratio0.00
Enterprise Value/Market Cap1.29
Enterprise Value/Revenue0.54
Enterprise Value/Gross Profit2.36
Enterprise Value/Ebitda12.86
Forecast
1Y Price Target
$99.00Price Target Upside20.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Best Buy Co News
Bulls Say, Bears Say
Bulls Say
Customer DemandBest Buy held market share against Census data for the first time in 15 quarters, marking a significant achievement.
Financial PerformanceGross margin expanded, demonstrating an improvement in profitability despite sales challenges.
Marketplace ExpansionThe upcoming U.S. marketplace is seen as transformative, enhancing consumer experience and driving high-margin commissions.
Bears Say
Growth OutlookPotential headwinds to Best Buy's growth outlook include less support from the paid membership/services category and ongoing promotional pressures.
Industry WeaknessThe choppy macro backdrop is slowing the consumer electronics recovery.
Sales PerformanceBest Buy reported a decline in enterprise comp sales by 2.9%, indicating softer demand in key months.
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Ownership Overview
7.92% Insiders
19.57% Mutual Funds
0.23% Other Institutional Investors
40.90% 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?
Best Buy Co.’s market cap is $17.58B.
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 40 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 $3.756 which represents an annual dividend yield of 4.52%. 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:
$99.00 (20.42% Upside)
$99.00 (20.42% Upside)
Blogger Sentiment
Bullish
BBY Sentiment 70%
Sector Average 66%
Sector Average 66%
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
Neutral
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
19.35%
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
92.28% Domestic
7.72% International
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BBY Stock 12 Month Forecast
Average Price Target
$99.00
▲(20.42% Upside)
Technical Analysis
Best Analysts Covering BBY
1 Year
1 Year Success Rate
32/46 ratings generated profit
1 Year Average Return
+12.98%
reiterated a buy rating last month
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +12.98% per trade.
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