Best Buy Co Stock Today

BBY Stock  USD 88.17  0.31  0.35%   

Performance

0 of 100

 
Weak
 
Strong
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Odds Of Distress

Less than 15

 
High
 
Low
Low
Best Buy is trading at 88.17 as of the 28th of November 2024; that is 0.35 percent decrease since the beginning of the trading day. The stock's open price was 88.48. Best Buy has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Note, on August 6, 2024, Representative Jared Moskowitz of US Congress acquired under $15k worth of Best Buy's common stock.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
19th of April 1985
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 214.72 M outstanding shares of which 14 M shares are currently shorted by investors with about 6.15 days to cover. More on Best Buy Co

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Best Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOCorie Barry
Thematic Ideas
(View all Themes)
Old Names[Bed Bath & Beyond Inc, Bed Bath & Beyond Inc, Bed Bath & Beyond Inc, Bed Bath & Beyond Inc, Bed Bath & Beyond Inc, Bed Bath & Beyond Inc, Bed Bath & Beyond Inc, Bed Bath & Beyond Inc]
Business ConcentrationComputer & Electronics Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP 500 Index, Retail, Macroaxis Picks, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0010.0829
Way Down
Pretty Stable
Asset Turnover4.482.9032
Way Up
Slightly volatile
Gross Profit Margin0.140.221
Way Down
Slightly volatile
Total Current Liabilities5.2 B7.9 B
Way Down
Pretty Stable
Non Current Liabilities Total4.2 BB
Sufficiently Up
Slightly volatile
Total Assets9.7 B15 B
Way Down
Slightly volatile
Total Current Assets6.3 B7.9 B
Significantly Down
Very volatile
Total Cash From Operating Activities1.5 B1.5 B
Notably Up
Slightly volatile
Debt Levels
Best Buy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Best Buy's financial leverage. It provides some insight into what part of Best Buy's total assets is financed by creditors.
Liquidity
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.

Net Income

820.58 Million
Best Buy Co (BBY) is traded on New York Stock Exchange in USA. It is located in 7601 Penn Avenue South, Richfield, MN, United States, 55423 and employs 85,000 people. Best Buy is listed under Computer & Electronics Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 19 B. Best Buy runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 214.72 M outstanding shares of which 14 M shares are currently shorted by investors with about 6.15 days to cover. Best Buy Co has about 1.87 B in cash with 1.47 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.13.
Check Best Buy Probability Of Bankruptcy
Ownership Allocation
Best Buy holds a total of 214.72 Million outstanding shares. The majority of Best Buy Co outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Best Buy to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Best Buy. Please pay attention to any change in the institutional holdings of Best Buy Co as this could imply that something significant has changed or is about to change at the company. Please note that on August 6, 2024, Representative Jared Moskowitz of US Congress acquired under $15k worth of Best Buy's common stock.
Check Best Ownership Details

Best Stock Institutional Holders

InstituionRecorded OnShares
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
View Best Buy Diagnostics

Best Buy Historical Income Statement

At this time, Best Buy's Interest Expense is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 49.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 472.6 M in 2024. View More Fundamentals

Best Stock Against Markets

Best Buy Corporate Directors

Claudia MunceIndependent DirectorProfile
Karen McLoughlinIndependent DirectorProfile
Thomas MillnerIndependent DirectorProfile
Steven RendleIndependent DirectorProfile

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.