Best Buy Fundamentals

BBY
 Stock
  

USD 65.08  2.36  3.50%   

Best Buy Company fundamentals help investors to digest information that contributes to Best Buy's financial success or failures. It also enables traders to predict the movement of Best Buy Stock. The fundamental analysis module provides a way to measure Best Buy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Best Buy stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Best Buy Beta Analysis

Best Buy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current Best Buy Beta

    
  1.52  
Most of Best Buy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Best Buy Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, Best Buy Company has a Beta of 1.52. This is 80.95% higher than that of the Consumer Cyclical sector and 12.59% higher than that of the Specialty Retail industry. The beta for all United States stocks is notably lower than that of the firm.

Best Buy Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Best Buy's current stock value. Our valuation model uses many indicators to compare Best Buy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Best Buy competition to find correlations between indicators driving Best Buy's intrinsic value. More Info.
Best Buy Company is rated second in current ratio category among related companies. It is rated second in book value per share category among related companies creating about  13.39  of Book Value Per Share per Current Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Best Buy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Best Buy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Best Buy's earnings, one of the primary drivers of an investment's value.

Best Buy Institutional Holders

Institutional Holdings refers to the ownership stake in Best Buy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Best Buy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Best Buy's value.
Security TypeSharesValue
Vanguard Group IncCommon Shares26 M1.7 B
Blackrock IncCommon Shares20.6 M1.3 B
Jpmorgan Chase CoCommon Shares11.8 M770.1 M
State Street CorpCommon Shares9.2 M606.8 M
Price T Rowe Associates IncCommon Shares4.8 M315.9 M
Geode Capital Management LlcCommon Shares4.1 M270.1 M
Charles Schwab Investment Management IncCommon Shares3.9 M252.6 M

Best Buy Fundamentals

About Best Buy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Best Buy Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Best Buy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Best Buy Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Implied Volatility

    
  95.58  
Best Buy's implied volatility exposes the market's sentiment of Best Buy Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Best Buy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Best Buy stock will not fluctuate a lot when Best Buy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Best Buy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Best Buy's short interest history, or implied volatility extrapolated from Best Buy options trading.
Continue to Best Buy Piotroski F Score and Best Buy Altman Z Score analysis. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Best Buy Stock analysis

When running Best Buy 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 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.
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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.
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.