Best Buy Stock Today

BBY
 Stock
  

USD 79.53  2.89  3.51%   

Market Performance
5 of 100
Odds Of Distress
Less than 13
Best Buy is trading at 79.53 as of the 19th of August 2022; that is -3.51 percent decrease since the beginning of the trading day. The stock's open price was 82.42. Best Buy has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Best Buy Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of June 2021 and ending today, the 19th of August 2022. Click here to learn more.
CUSIP
086516101
Fiscal Year End
January
Business Domain
Retailing
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 240.56 M outstanding shares of which 12.02 M shares are currently shorted by investors with about 3.88 days to cover. More on Best Buy Company

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Best Buy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Best Buy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Best Buy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company has 3.94 B in debt with debt to equity (D/E) ratio of 1.42, 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.
Best Buy has a strong financial position based on the latest SEC filings
Over 82.0% of Best Buy shares are held by institutions such as insurance companies
On 5th of July 2022 Best Buy paid $ 0.88 per share dividend to its current shareholders
Latest headline from www.fool.com: The Best Warren Buffett Stock to Buy With 300 Right Now - The Motley Fool
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Best Buy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Best Buy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOCorie Barry
SEC FilingsBest Buy Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Best Buy report their recommendations after researching Best Buy's financial statements, talking to executives and customers, or listening in on Best Buy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Best Buy. The Best Buy consensus assessment is calculated by taking the average forecast from all of the analysts covering Best Buy.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Best Buy based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Best Buy financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares313.8 M246.8 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted317.3 M249.3 M
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations2.7 B3.3 B
Fairly Down
Increasing
Slightly volatile
Total Assets17.2 B17.5 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities13 B14.5 B
Moderately Down
Increasing
Slightly volatile
Current Assets11.6 B10.5 B
Significantly Up
Increasing
Very volatile
Current Liabilities9.7 B10.7 B
Significantly Down
Increasing
Slightly volatile
Total Debt2.9 B3.9 B
Way Down
Increasing
Slightly volatile
Return on Average Assets0.110.133
Significantly Down
Increasing
Slightly volatile
Gross Margin0.230.225
Fairly Up
Decreasing
Slightly volatile
Asset Turnover2.912.802
Sufficiently Up
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Best Buy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Best Buy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Best Buy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Best Buy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Best Buy deploys its capital and how much of that capital is borrowed.
Liquidity
Best Buy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.94 B in debt with debt to equity (D/E) ratio of 1.42, 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.

Operating Cash Flow

2.73 Billion
Best Buy Company (BBY) is traded on New York Stock Exchange in USA. It is located in 7601 Penn Avenue South, Richfield, MN 55423, United States and employs 57,750 people. Best Buy is listed under Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 19.56 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 runs under Consumer Cyclical sector within Specialty Retail industry. The entity has 240.56 M outstanding shares of which 12.02 M shares are currently shorted by investors with about 3.88 days to cover. Best Buy Company has about 640 M in cash with 1.76 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.84.
Check Best Buy Probability Of Bankruptcy
Ownership
Best Buy holds a total of two hundred fourty million five hundred sixty thousand outstanding shares. The majority of Best Buy Company 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 Company as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Best Buy Ownership Details

Best Buy Stock Price Odds Analysis

What are Best Buy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Best Buy jumping above the current price in 90 days from now is about 15.97%. The Best Buy Company probability density function shows the probability of Best Buy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6809 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Best Buy will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Best Buy is significantly underperforming DOW.
  Odds Below 79.53HorizonTargetOdds Above 79.53
83.90%90 days
 79.53 
15.97%
Based on a normal probability distribution, the odds of Best Buy to move above the current price in 90 days from now is about 15.97 (This Best Buy Company probability density function shows the probability of Best Buy Stock to fall within a particular range of prices over 90 days) .

Best Buy Historical Income Statement

Best Buy Company Income Statement is one of the three primary financial statements used for reporting Best Buy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Best Buy revenue and expense. Best Buy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Net Loss Income from Discontinued Operations is likely to rise to about 10.2 M in 2022 View More Fundamentals

Best Buy Stock Against Markets

Picking the right benchmark for Best Buy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Best Buy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Best Buy is critical whether you are bullish or bearish towards Best Buy Company at a given 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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Best Buy Corporate Directors

Best Buy corporate directors refer to members of a Best Buy board of directors. The board of directors generally takes responsibility for the Best Buy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Best Buy's board members must vote for the resolution. The Best Buy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gerard Vittecoq - Independent DirectorProfile
J Doyle - DirectorProfile
Claudia Munce - Independent DirectorProfile
Karen McLoughlin - Independent DirectorProfile

Invested in Best Buy Company?

You need to understand the risk of investing before taking a position in Best Buy. The danger of trading Best Buy Company is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Best Buy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Best Buy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Best Buy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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
18.6 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.