Bradbury Anderson - Best Buy Independent Director

BBY
 Stock
  

USD 81.23  1.16  1.41%   

  Director
Mr. Bradbury H. Anderson has resigned as Independent Director of the Company. effective 14 June 2016. Mr. Anderson provides the perspective of a longtime Best Buy leader and an influential voice who has also shaped other highly regarded service organizations. He was Chief Executive Officer of Best Buy for seven years having previously served as President and Chief Operating Officer. Having worked at Best Buy for more than 35 years Mr. Anderson has deep insights into the company its culture and its role in the consumer electronics marketplace. Mr. Anderson holds a degree from the University of Denver.
Age: 65  Director Since 2013      
612 291-1000  www.investors.bestbuy.com

Best Buy Management Efficiency

Best Buy has Return on Asset of 8.66 % which means that on every $100 spent on asset, it made $8.66 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 49.04 %, implying that it generated $49.04 on every 100 dollars invested. Best Buy management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to drop to 43.77 in 2022. Return on Average Assets is likely to drop to 11.50 in 2022. Best Buy Current Assets are fairly stable at the moment as compared to the past year. Best Buy reported Current Assets of 10.54 Billion in 2021. Net Current Assets as percentage of Total Assets is likely to rise to 13.23 in 2022, whereas Total Assets are likely to drop slightly above 17.2 B in 2022.
The company has 4.05 B in debt with debt to equity (D/E) ratio of 1.4, which is OK given its current industry classification. Best Buy has a current ratio of 0.94, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Best Buy until it has trouble settling it off, either with new capital or with free cash flow. So, Best Buy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Best Buy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Best Buy to invest in growth at high rates of return. When we think about Best Buy's use of debt, we should always consider it together with cash and equity.

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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. Best Buy Company (BBY) is traded on New York Stock Exchange in USA and employs 57,750 people.

Best Buy Leadership Team

Elected by the shareholders, the Best Buy's board of directors comprises two types of representatives: Best Buy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Best Buy. The board's role is to monitor Best Buy's management team and ensure that shareholders' interests are well served. Best Buy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Best Buy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sharon McCollam, CFO and Chief Admin. Officer
Michael Mohan, Chief Merchandising Officer
Gerard Vittecoq, Independent Director
Brian Tilzer, Chief Digital and Technology Officer
Shari Ballard, Chief HR Officer and President of U.S. Retail
Paula Baker, Chief Human Resource Officer
J Doyle, Director
Matthew Furman, Chief Communications and Public Affairs Officer
R Mohan, President, Chief Operating Officer
Claudia Munce, Independent Director
Karen McLoughlin, Independent Director
Deborah DiSanzo, President Best Buy Health
Todd Hartman, Executive Vice President Chief Compliance Officer, Chief Risk Officer, General Counsel, Secretary
Thomas Millner, Independent Director
Corie Barry, Chief Executive Officer, Director
Cindy Kent, Independent Director
Matthew Bilunas, Chief Financial Officer
Allison Peterson, Chief Customer Officer
Christopher Askew, President Services
Steven Rendle, Independent Director
Keith Nelsen, Executive VP, General Counsel and Secretary
David Kenny, Independent Director
Eugene Woods, Independent Director
Trish Walker, President Services
Mollie Obrien, Senior Director of Investor Relations
Hubert Joly, Executive Chairman of the Board
Mathew Watson, Chief Accounting Officer, Vice President - Finance, Controller, Principal Accounting Officer
Kathy Victor, Independent Director
Patrick Doyle, Independent Director
Joseph Doyle, Independent Chairman of the Board
Russell Fradin, Lead Independent Director
Richelle Parham, Independent Director
Lisa Caputo, Independent Director
Asheesh Saksena, Chief Strategic Growth Officer
Kamy Scarlett, Chief Human Resources Officer; President, U.S. Retail Stores
Mary Kelley, President e-Commerce
Greg Revelle, Chief Marketing Officer
Mark Weinberger, Director
Bradbury Anderson, Independent Director
Mario Marte, Independent Director

Best Buy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Best Buy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Best Buy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Best Buy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Best Buy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Best Buy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Best Buy

+0.75BIGBig Lots Earnings Call  This WeekPairCorr
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The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Best Buy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Best Buy Company to buy it.
The correlation of Best Buy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Best Buy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best Buy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.39) 
Market Capitalization
18.3 B
Quarterly Revenue Growth YOY
(0.11) 
Return On Assets
0.0698
Return On Equity
0.43
The market value of Best Buy is measured differently than its book value, which is the value of Best Buy that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine Best Buy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.