Market Still Lacking Some Conviction On Best Buy Co., Inc. (NYSE:BBY)
May 07
U.S. Computer and Electronics Retail Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
- 7D7.7%
- 3M2.5%
- 1Y-4.6%
- YTDn/a
Over the last 7 days, the Computer and Electronics Retail industry has risen 7.7%, driven by gains from GameStop of 47%. In contrast, the industry has lost 4.6% in the last 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the U.S. Computer and Electronics Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$23.8b | US$57.7b | US$1.1b | 21x | 22.1x | 0.4x |
| Fri, 05 Apr 2024 | US$23.3b | US$57.6b | US$994.0m | 13.7x | 23.5x | 0.4x |
| Sun, 03 Mar 2024 | US$24.1b | US$58.0b | US$633.0m | 13.5x | 38.1x | 0.4x |
| Tue, 30 Jan 2024 | US$23.3b | US$58.0b | US$681.0m | 114.7x | 34.2x | 0.4x |
| Thu, 28 Dec 2023 | US$25.4b | US$58.1b | US$679.2m | 114.4x | 37.4x | 0.4x |
| Sat, 25 Nov 2023 | US$21.5b | US$58.3b | US$600.2m | 95.8x | 35.8x | 0.4x |
| Mon, 23 Oct 2023 | US$21.4b | US$59.0b | US$614.4m | 11.6x | 34.8x | 0.4x |
| Wed, 20 Sep 2023 | US$23.7b | US$59.0b | US$613.6m | 12.1x | 38.5x | 0.4x |
| Fri, 18 Aug 2023 | US$26.3b | US$59.8b | US$548.5m | 13.2x | 48x | 0.4x |
| Sun, 16 Jul 2023 | US$27.9b | US$59.9b | US$606.4m | 20.6x | 46x | 0.5x |
| Tue, 13 Jun 2023 | US$27.4b | US$59.9b | US$591.6m | 21.3x | 46.3x | 0.5x |
| Thu, 11 May 2023 | US$25.2b | US$61.2b | US$593.6m | 19.1x | 42.4x | 0.4x |
| Sat, 08 Apr 2023 | US$25.9b | US$61.6b | US$612.6m | 57.9x | 42.4x | 0.4x |
| Mon, 06 Mar 2023 | US$26.2b | US$58.4b | US$848.1m | 68.6x | 30.9x | 0.4x |
| Wed, 01 Feb 2023 | US$28.3b | US$60.2b | US$984.8m | 44.7x | 28.8x | 0.5x |
| Fri, 30 Dec 2022 | US$25.3b | US$60.2b | US$986.7m | 37.9x | 25.6x | 0.4x |
| Sun, 27 Nov 2022 | US$27.9b | US$60.4b | US$1.0b | 11.8x | 27.2x | 0.5x |
| Tue, 25 Oct 2022 | US$23.4b | US$61.8b | US$1.3b | 8.1x | 18.4x | 0.4x |
| Thu, 22 Sep 2022 | US$25.7b | US$61.9b | US$1.0b | 8.9x | 24.8x | 0.4x |
| Sat, 20 Aug 2022 | US$31.2b | US$63.6b | US$1.6b | 8.1x | 19.9x | 0.5x |
| Mon, 18 Jul 2022 | US$28.8b | US$63.8b | US$1.6b | 7.4x | 17.9x | 0.5x |
| Wed, 15 Jun 2022 | US$27.4b | US$63.8b | US$912.8m | 7.2x | 30x | 0.4x |
| Fri, 13 May 2022 | US$27.2b | US$64.7b | US$1.3b | 7.7x | 20.7x | 0.4x |
| Sun, 10 Apr 2022 | US$34.8b | US$64.6b | US$1.3b | 8.6x | 26.4x | 0.5x |
| Tue, 08 Mar 2022 | US$36.5b | US$64.4b | US$1.6b | 10.3x | 22.9x | 0.6x |
| Thu, 03 Feb 2022 | US$35.2b | US$64.5b | US$1.8b | 9x | 19.2x | 0.5x |
| Sat, 01 Jan 2022 | US$39.9b | US$64.5b | US$1.8b | 9.5x | 21.8x | 0.6x |
| Mon, 29 Nov 2021 | US$47.8b | US$63.8b | US$3.0b | 8.2x | 16x | 0.7x |
| Wed, 27 Oct 2021 | US$48.3b | US$63.3b | US$2.9b | 9x | 16.5x | 0.8x |
| Fri, 24 Sep 2021 | US$46.1b | US$63.3b | US$2.9b | 8.3x | 15.8x | 0.7x |
| Sun, 22 Aug 2021 | US$45.6b | US$65.1b | US$2.8b | 8.5x | 16.1x | 0.7x |
| Fri, 09 Jul 2021 | US$50.5b | US$62.8b | US$2.5b | 12.8x | 20.5x | 0.8x |
Price to Earnings Ratio
21.4x
Current Industry PE
- Investors are pessimistic on the American Computer and Electronics Retail industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 22.1x which is lower than its 3-year average PE of 28.0x.
- The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Computer and Electronics Retail industry have declined 23% per year over the last three years,
- Revenues have also declined 2.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.S. Computer and Electronics Retail compare with similar industries?
| US Market | 3.31% | |
| Consumer Discretionary | 4.33% | |
| Specialty Stores | 2.69% | |
| Computer and Electronics Retail | 7.66% | |
| Home Improvement Retail | 5.67% | |
| Home Furnishing Retail | 3.79% | |
| Apparel Retail | 3.61% | |
| Automotive Retail | 1.43% | |
| Specialty Stores | -0.11% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GME GameStop | US$16.31 | 47.1% +US$1.6b | -19.4% | PE745.3x | |
| RERE ATRenew | US$2.52 | 21.2% +US$96.6m | 3.3% | PS0.3x | |
| UPBD Upbound Group | US$32.12 | 3.6% +US$61.6m | 2.6% | PS0.4x | |
| EM Smart Share Global | US$0.99 | 22.2% +US$46.5m | 8.8% | PE21x | |
| NEGG Newegg Commerce | US$0.84 | 5.7% +US$17.1m | -22.2% | PS0.2x |
