Best Buy Co Stock Buy Hold or Sell Recommendation
| BBY Stock | USD 88.17 0.31 0.35% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Best Buy Co is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Best Buy Co given historical horizon and risk tolerance towards Best Buy. When Macroaxis issues a 'buy' or 'sell' recommendation for Best Buy Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Best Buy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Best and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Best Buy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Best |
Execute Best Buy Buy or Sell Advice
The Best recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Best Buy Co. Macroaxis does not own or have any residual interests in Best Buy Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Best Buy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Best Buy Trading Alerts and Improvement Suggestions
| Best Buy generated a negative expected return over the last 90 days | |
| Best Buy Co has 3.98 B in debt with debt to equity (D/E) ratio of 1.34, which is OK given its current industry classification. Best Buy has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Best to invest in growth at high rates of return. | |
| Over 87.0% of Best Buy shares are held by institutions such as insurance companies | |
| On 10th of October 2024 Best Buy paid $ 0.94 per share dividend to its current shareholders | |
| Latest headline from independent.co.uk: Trumps threat to impose tariffs could raise prices for consumers, colliding with promise for relief |
Best Buy Returns Distribution Density
The distribution of Best Buy's historical returns is an attempt to chart the uncertainty of Best Buy's future price movements. The chart of the probability distribution of Best Buy daily returns describes the distribution of returns around its average expected value. We use Best Buy Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Best Buy returns is essential to provide solid investment advice for Best Buy.
| Mean Return | 0.03 | Value At Risk | -3.09 | Potential Upside | 2.26 | Standard Deviation | 2.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Best Buy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Best Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Best Buy, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Best Buy Co back and forth among themselves.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 2.9 M | D. E. Shaw & Co Lp | 2024-09-30 | 2.7 M | Goldman Sachs Group Inc | 2024-06-30 | 2.5 M | Norges Bank | 2024-06-30 | 2.5 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.4 M | Northern Trust Corp | 2024-09-30 | 2.2 M | Legal & General Group Plc | 2024-06-30 | 1.9 M | Federated Hermes Inc | 2024-09-30 | 1.8 M | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 1.7 M | Blackrock Inc | 2024-06-30 | 23.3 M | Vanguard Group Inc | 2024-09-30 | 22.8 M |
Best Buy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 237M | (435M) | (328M) | 809M | 178M | 186.9M | |
| Change In Cash | 171M | 3.3B | (2.4B) | (952M) | (806M) | (765.7M) | |
| Free Cash Flow | 1.8B | 4.2B | 2.5B | 894M | 675M | 972.0M | |
| Depreciation | 812M | 839M | 869M | 918M | 923M | 524.8M | |
| Other Non Cash Items | 62M | 257M | (23M) | 159M | 158M | 156.0M | |
| Capital Expenditures | 743M | 713M | 737M | 930M | 795M | 577.0M | |
| Net Income | 1.5B | 1.8B | 2.5B | 1.4B | 1.2B | 820.6M | |
| End Period Cash Flow | 2.4B | 5.6B | 3.2B | 2.3B | 1.4B | 1.5B | |
| Dividends Paid | 527M | 568M | 688M | 789M | 801M | 404.7M | |
| Investments | (8M) | (74M) | (167M) | (962M) | (781M) | (742.0M) | |
| Net Borrowings | (15M) | (24M) | (133M) | (19M) | (17.1M) | (18.0M) | |
| Change To Netincome | 275M | 356M | 132M | 348M | 400.2M | 278.3M |
Best Buy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Best Buy or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Best Buy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Best stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | -0.04 |
Best Buy Volatility Alert
Best Buy Co has relatively low volatility with skewness of 3.13 and kurtosis of 19.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Best Buy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Best Buy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Best Buy Fundamentals Vs Peers
Comparing Best Buy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Best Buy's direct or indirect competition across all of the common fundamentals between Best Buy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Best Buy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Best Buy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Best Buy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Best Buy to competition |
| Fundamentals | Best Buy | Peer Average |
| Return On Equity | 0.42 | -0.31 |
| Return On Asset | 0.0722 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 22.68 B | 16.62 B |
| Shares Outstanding | 214.72 M | 571.82 M |
| Shares Owned By Insiders | 8.72 % | 10.09 % |
| Shares Owned By Institutions | 86.96 % | 39.21 % |
| Number Of Shares Shorted | 14 M | 4.71 M |
| Price To Earning | 12.77 X | 28.72 X |
| Price To Book | 6.43 X | 9.51 X |
| Price To Sales | 0.45 X | 11.42 X |
| Revenue | 43.45 B | 9.43 B |
| Gross Profit | 9.91 B | 27.38 B |
| EBITDA | 2.6 B | 3.9 B |
| Net Income | 1.24 B | 570.98 M |
| Cash And Equivalents | 1.87 B | 2.7 B |
| Cash Per Share | 4.13 X | 5.01 X |
| Total Debt | 3.98 B | 5.32 B |
| Debt To Equity | 1.34 % | 48.70 % |
| Current Ratio | 0.98 X | 2.16 X |
| Book Value Per Share | 14.45 X | 1.93 K |
| Cash Flow From Operations | 1.47 B | 971.22 M |
| Short Ratio | 6.15 X | 4.00 X |
| Earnings Per Share | 5.79 X | 3.12 X |
| Price To Earnings To Growth | 1.53 X | 4.89 X |
| Target Price | 100.95 | |
| Number Of Employees | 85 K | 18.84 K |
| Beta | 1.49 | -0.15 |
| Market Capitalization | 19 B | 19.03 B |
| Total Asset | 14.97 B | 29.47 B |
| Retained Earnings | 2.68 B | 9.33 B |
| Working Capital | (12 M) | 1.48 B |
Note: Disposition of 44146 shares by Corie Barry of Best Buy at 97.1672 subject to Rule 16b-3 [view details]
Best Buy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Best . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 125871.0 | |||
| Daily Balance Of Power | (0.11) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 88.47 | |||
| Day Typical Price | 88.37 | |||
| Price Action Indicator | (0.45) | |||
| Period Momentum Indicator | (0.31) | |||
| Relative Strength Index | 41.1 |
About Best Buy Buy or Sell Advice
When is the right time to buy or sell Best Buy Co? Buying financial instruments such as Best Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Best Buy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Furniture Theme or any other thematic opportunities.
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Additional Tools for Best Stock Analysis
When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.