Best Buy Co Stock Analysis

BBY Stock  USD 88.17  0.31  0.35%   
Best Buy Co is fairly valued with Real Value of 84.83 and Target Price of 81.81. The main objective of Best Buy stock analysis is to determine its intrinsic value, which is an estimate of what Best Buy Co is worth, separate from its market price. There are two main types of Best Buy's stock analysis: fundamental analysis and technical analysis.
The Best Buy stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Best Buy is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Best Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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 Stock Analysis Notes

About 87.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.53. Best Buy recorded earning per share (EPS) of 5.79. The entity last dividend was issued on the 19th of September 2024. The firm had 3:2 split on the 4th of August 2005. Best Buy Co., Inc. retails technology products in the United States and Canada. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 57750 people. For more info on Best Buy Co please contact Corie Barry at 612 291 1000 or go to https://corporate.bestbuy.com.

Best Buy Quarterly Total Revenue

9.29 Billion

Best Buy Investment Alerts

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 Upcoming and Recent Events

Earnings reports are used by Best Buy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
7th of March 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
7th of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

Best Largest EPS Surprises

Earnings surprises can significantly impact Best Buy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2001-06-19
2001-04-300.10.120.0220 
2006-12-12
2006-10-310.350.31-0.0411 
2009-09-15
2009-07-310.420.37-0.0511 
View All Earnings Estimates

Best Buy Environmental, Social, and Governance (ESG) Scores

Best Buy's ESG score is a quantitative measure that evaluates Best Buy's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Best Buy's operations that may have significant financial implications and affect Best Buy's stock price as well as guide investors towards more socially responsible investments.

Best Buy Thematic Classifications

In addition to having Best Buy stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Retail Idea
Retail
USA Equities from Retail industry as classified by Fama & French
Macroaxis Picks Idea
Macroaxis Picks
Macroaxis daily picks

Best Stock Institutional Investors

Shares
Bank Of New York Mellon Corp2024-06-30
2.9 M
D. E. Shaw & Co Lp2024-09-30
2.7 M
Goldman Sachs Group Inc2024-06-30
2.5 M
Norges Bank2024-06-30
2.5 M
Ubs Asset Mgmt Americas Inc2024-09-30
2.4 M
Northern Trust Corp2024-09-30
2.2 M
Legal & General Group Plc2024-06-30
1.9 M
Federated Hermes Inc2024-09-30
1.8 M
Raymond James Finl Svs Advisors, Inc.2024-09-30
1.7 M
Blackrock Inc2024-06-30
23.3 M
Vanguard Group Inc2024-09-30
22.8 M
Note, although Best Buy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Best Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 19 B.

Best Profitablity

The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.
Last ReportedProjected for Next Year
Return On Capital Employed 0.22  0.06 

Management Efficiency

Best Buy has Return on Asset of 0.0722 % which means that on every $100 spent on assets, it made $0.0722 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4241 %, implying that it generated $0.4241 on every 100 dollars invested. Best Buy's management efficiency ratios could be used to measure how well Best Buy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.001 in 2024. Return On Capital Employed is likely to drop to 0.06 in 2024. At this time, Best Buy's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 702.5 M in 2024, whereas Total Assets are likely to drop slightly above 9.7 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 14.02  1.75 
Tangible Book Value Per Share 7.67  1.75 
Enterprise Value Over EBITDA 7.32  5.93 
Price Book Value Ratio 5.40  0.99 
Enterprise Value Multiple 7.32  5.93 
Price Fair Value 5.40  0.99 
Enterprise Value640.2 M608.2 M
Best Buy's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield
0.0404
Operating Margin
0.0405
Profit Margin
0.0296
Forward Dividend Yield
0.0404
Beta
1.493

Technical Drivers

As of the 28th of November, Best Buy shows the Downside Deviation of 1.87, mean deviation of 1.37, and Risk Adjusted Performance of 0.0177. Best Buy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Best Buy Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Best Buy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Best Buy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Best Buy Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Best Buy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Best Buy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Best Buy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Best Buy Outstanding Bonds

Best Buy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Best Buy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Best bonds can be classified according to their maturity, which is the date when Best Buy Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Best Buy Predictive Daily Indicators

Best Buy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Best Buy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Best Buy Corporate Filings

8K
26th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
15th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
7th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
26th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
24th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
13th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
6th of September 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
3rd of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Best Buy Forecast Models

Best Buy's time-series forecasting models are one of many Best Buy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Best Buy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Best Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Best Buy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Best shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Best Buy. By using and applying Best Stock analysis, traders can create a robust methodology for identifying Best entry and exit points for their positions.
Last ReportedProjected for Next Year
Operating Profit Margin 0.04  0.01 
Gross Profit Margin 0.22  0.14 

Current Best Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Best analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Best analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
81.81Buy30Odds
Best Buy Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Best analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Best stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Best Buy, talking to its executives and customers, or listening to Best conference calls.
Best Analyst Advice Details

Best Stock Analysis Indicators

Best Buy Co stock analysis indicators help investors evaluate how Best Buy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Best Buy shares will generate the highest return on investment. By understating and applying Best Buy stock analysis, traders can identify Best Buy position entry and exit signals to maximize returns.
Begin Period Cash Flow2.3 B
Long Term Debt1.2 B
Common Stock Shares Outstanding218.5 M
Total Stockholder Equity3.1 B
Tax Provision381 M
Quarterly Earnings Growth Y O Y0.072
Property Plant And Equipment NetB
Cash And Short Term Investments1.4 B
Cash1.4 B
Accounts Payable4.6 B
Net Debt2.5 B
50 Day M A94.595
Total Current Liabilities7.9 B
Other Operating Expenses41.9 B
Non Current Assets Total7.1 B
Forward Price Earnings13.7174
Non Currrent Assets Other669 M
Stock Based Compensation145 M

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.