Best Buy Stock Analysis

BBY
 Stock
  

USD 74.69  3.40  4.77%   

The current indifference towards the small price fluctuations of Best Buy could raise concerns from investors as the firm is trading at a share price of 74.69 on very low momentum in volume. The company executives did not add any value to Best Buy investors in May. However, most investors can still diversify their portfolios with Best Buy to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.31. The current volatility is consistent with the ongoing market swings in May 2022 as well as with Best Buy unsystematic, company-specific events.
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The Best Buy stock analysis report makes it easy to digest most publicly released information about Best Buy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Best Buy Stock analysis module also helps to analyze the Best Buy price relationship with some important fundamental indicators such as market cap and management efficiency.

Best Buy Stock Analysis Notes

About 84.0% of the company shares are held by institutions such as insurance companies. The book value of Best Buy was currently reported as 17.55. The company has Price/Earnings To Growth (PEG) ratio of 1.18. Best Buy recorded earning per share (EPS) of 10.34. The entity next dividend is scheduled to be issued on the 23rd of March 2022. 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 Company please contact Corie Barry at 612 291-1000 or go to www.investors.bestbuy.com.

Best Buy Quarterly Cost of Revenue

8.29 Billion

Share

Best Buy Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Best Buy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Best Buy Company or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 3.94 B in debt with debt to equity (D/E) ratio of 1.3, which is OK given its current industry classification. Best Buy has a current ratio of 0.97, 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.
Best Buy has a strong financial position based on the latest SEC filings
Over 84.0% of Best Buy shares are held by institutions such as insurance companies
Latest headline from money.usnews.com: 7 Best Warren Buffett Stocks to Buy Investing US News - U.S News World Report Money

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. It also may provide a comparison to Best Buy previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report24th of February 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End24th of February 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

Best Buy 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
1999-06-15
1999-04-300.090.10.0111 
1998-06-16
1998-04-300.030.040.0133 
1996-12-18
1996-11-300.010-0.01100 
View All Earnings Estimates

Best Buy SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Best Buy prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Best Buy investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Best Buy specific information freely available to individual and institutional investors to make a timely investment decision.
13th of June 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders
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24th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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3rd of March 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
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9th of February 2022
Unclassified Corporate Event
View
7th of February 2022
Unclassified Corporate Event
View
23rd of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of October 2021
Financial Statements and Exhibits. Other Events
View

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.
Stores IdeaStores
All types of stores and shopping markets

Best Buy Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Best Buy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Best Buy Company backward and forwards among themselves. Best Buy's institutional investor refers to the entity that pools money to purchase Best Buy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares26.4 M2.4 B
Blackrock IncCommon Shares21.4 M1.9 B
Jpmorgan Chase CoCommon Shares12.6 M1.1 B
State Street CorpCommon Shares10 M916 M
Geode Capital Management LlcCommon Shares4.4 M403.3 M
Bank Of America CorpCommon Shares3.8 M345.7 M
Fmr LlcCommon Shares3.8 M344.9 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 Buy Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 16.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Best Buy's market, we take the total number of its shares issued and multiply it by Best Buy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Best Buy Profitablity

Best Buy's profitability indicators refer to fundamental financial ratios that showcase Best Buy's ability to generate income relative to its revenue or operating costs. If, let's say, Best Buy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Best Buy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Best Buy's profitability requires more research than a typical breakdown of Best Buy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 4.74 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 7.49 %, which entails that for every 100 dollars of revenue, it generated 0.07 of operating income.
Last ReportedProjected for 2022
Return on Investment 59.51  43.77 
Return on Average Assets 0.13  0.11 
Return on Average Equity 0.62  0.47 
Return on Invested Capital 0.44  0.36 
Return on Sales 0.06  0.05 

Management Efficiency

The entity has Return on Asset of 10.29 % which means that on every $100 spent on asset, it made $10.29 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 64.52 %, implying that it generated $64.52 on every 100 dollars invested. Best Buy 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 Investment is likely to drop to 43.77 in 2022. Return on Average Assets is likely to drop to 0.11 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.
Last ReportedProjected for 2022
Book Value per Share 12.24  13.96 
Enterprise Value over EBIT 9.20  9.93 
Enterprise Value over EBITDA 6.12  6.22 
Price to Book Value 7.78  5.39 
Tangible Assets Book Value per Share 65.32  56.61 
Enterprise Value24 B19 B
Tangible Asset Value16.1 B16.3 B

Technical Drivers

As of the 26th of June, Best Buy shows the Downside Deviation of 2.5, risk adjusted performance of 0.0188, and Mean Deviation of 1.66. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Best Buy Company, which can be compared to its rivals. Please confirm Best Buy standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Best Buy is priced correctly, providing market reflects its regular price of 74.69 per share. Given that Best Buy has jensen alpha of (0.019564), we suggest you to validate Best Buy Company's prevailing market performance to make sure the company can sustain itself at a future point.

Best Buy Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of four hundred seventy-nine. The Mid-point over period is an average of Best Buy highest and lowest values attained during the given period.
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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 Technical and Predictive Indicators

Best Buy Forecast Models

Best Buy time-series forecasting models is one of many Best Buy's stock analysis techniquest aimed to predict 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 stock market movement and maximize returns from investment trading.

About Best Buy Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Best Buy stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Best Buy 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 Buy Stock analysis, traders can create a robust methodology for identifying Best Buy entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 5.87  4.98 
EBITDA Margin 0.08  0.07 
Gross Margin 0.23  0.23 
Profit Margin 0.047  0.0411 
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.

Current Best Buy Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Best Buy 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 Buy 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
131.27Hold15Odds
Best Buy Company current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Best Buy 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 Buy 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 Buy conference calls.
Best Buy Analyst Advice Details

Best Buy Stock Analysis Indicators

Best Buy Company 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.
Quick Ratio0.37
Trailing Annual Dividend Rate2.80
Fifty Two Week Low67.66
Revenue Growth-3.40%
Payout Ratio28.46%
Average Daily Volume Last 10 Day4.09M
Shares Short Prior Month12.89M
Average Daily Volume In Three Month3.41M
Earnings Growth-15.80%
Shares Percent Shares Out6.07%
Earnings Quarterly Growth-23.30%
Gross Margins22.48%
Forward Price Earnings6.62
Short Percent Of Float7.88%
Float Shares201.73M
Fifty Two Week High141.97
Fifty Day Average84.36
Enterprise Value To Ebitda5.48
Two Hundred Day Average100.92
Enterprise Value To Revenue0.41
Trailing Annual Dividend Yield3.97%
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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
Quarterly Earnings Growth YOY
-0.36
Market Capitalization
16.8 B
Quarterly Revenue Growth YOY
-0.085
Return On Assets
0.1
Return On Equity
0.64
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.