Best Buy Future Growth
Future criteria checks 2/6
Best Buy is forecast to grow earnings and revenue by 7% and 1.6% per annum respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 45.7% in 3 years.
Key information
7.0%
Earnings growth rate
9.6%
EPS growth rate
Specialty Retail earnings growth | 8.2% |
Revenue growth rate | 1.6% |
Future return on equity | 45.7% |
Analyst coverage | Good |
Last updated | 19 Nov 2024 |
Recent future growth updates
Recent updates
Best Buy: Q3 Outlook Remains Weak
Nov 14Return Trends At Best Buy (NYSE:BBY) Aren't Appealing
Oct 22Best Buy: Impressive Bull Run But Dividend Safety Remains A Concern
Oct 15Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 50% Below Their Intrinsic Value Estimate
Sep 23Best Buy: Encouraging Trends, But Risks Remain (Rating Upgrade)
Sep 19Results: Best Buy Co., Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Sep 10Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?
Aug 30Think Twice Before Considering Best Buy For Your Portfolio (Q2 Earnings Preview)
Aug 27Fewer Investors Than Expected Jumping On Best Buy Co., Inc. (NYSE:BBY)
Aug 14Why Best Buy Co., Inc. (NYSE:BBY) Could Be Worth Watching
Jul 30Best Buy: Short Opportunity Due To Overvaluation And Weakening Consumer Spending Outlook
Jul 15Best Buy (NYSE:BBY) Has More To Do To Multiply In Value Going Forward
Jul 15Best Buy (NYSE:BBY) Is Due To Pay A Dividend Of $0.94
Jun 08Best Buy: Close To The Beginning Of The New Cycle
May 31These 4 Measures Indicate That Best Buy (NYSE:BBY) Is Using Debt Reasonably Well
May 22Market Still Lacking Some Conviction On Best Buy Co., Inc. (NYSE:BBY)
May 07What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?
Apr 24Best Buy Remains Highly Vulnerable To E-Commerce
Apr 16There Are Reasons To Feel Uneasy About Best Buy's (NYSE:BBY) Returns On Capital
Apr 08Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year
Mar 14Best Buy Q4 Results: Higher Profitability Offset By Continued Topline Softness
Feb 29Best Buy: Is The ~5% Yield Safe Or Is A Dividend Cut In The Works?
Feb 15Is There An Opportunity With Best Buy Co., Inc.'s (NYSE:BBY) 37% Undervaluation?
Feb 05Best Buy: Capital Return Story Attractive With Possible Demand Recovery
Jan 25Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?
Jan 22The Market Doesn't Like What It Sees From Best Buy Co., Inc.'s (NYSE:BBY) Earnings Yet
Jan 08At US$76.14, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?
Dec 25Best Buy: Don't Get Lumped With This Coal This Christmas
Dec 22The Returns On Capital At Best Buy (NYSE:BBY) Don't Inspire Confidence
Dec 05A Best Buy It's Not
Nov 21Best Buy: The Electronics Store Era Is Coming To An End
Nov 15We Think Best Buy (NYSE:BBY) Is Taking Some Risk With Its Debt
Oct 23Best Buy: 5% Yield Is At Risk In A Changing World
Oct 10Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 41% Below Their Intrinsic Value Estimate
Oct 08Is Now The Time To Look At Buying Best Buy Co., Inc. (NYSE:BBY)?
Sep 11Best Buy: Remains A Hold Amid Mixed Q2 Results And Industry Headwinds
Sep 08Capital Allocation Trends At Best Buy (NYSE:BBY) Aren't Ideal
Aug 27Best Buy Offers Great Value And Upside
Aug 07Is Best Buy Co., Inc. (NYSE:BBY) Trading At A 28% Discount?
Jul 06Best Buy's 5% Dividend: High-Yield Haven Or Risky Bet?
Jun 21Is Best Buy (NYSE:BBY) Using Too Much Debt?
Jun 08Best Buy: Bouncing Off The Bottom
May 26Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
1/31/2027 | 43,725 | 1,526 | 1,836 | 2,810 | 15 |
1/31/2026 | 42,419 | 1,416 | 1,654 | 2,641 | 25 |
1/31/2025 | 41,580 | 1,314 | 1,275 | 2,150 | 25 |
8/3/2024 | 42,537 | 1,260 | 1,371 | 2,106 | N/A |
5/4/2024 | 42,832 | 1,243 | 1,214 | 1,957 | N/A |
2/3/2024 | 43,452 | 1,241 | 675 | 1,470 | N/A |
10/28/2023 | 43,541 | 1,276 | 1,376 | 2,222 | N/A |
7/29/2023 | 44,372 | 1,290 | 1,830 | 2,714 | N/A |
4/29/2023 | 45,118 | 1,322 | 1,958 | 2,877 | N/A |
1/28/2023 | 46,298 | 1,419 | 894 | 1,824 | N/A |
10/29/2022 | 47,928 | 1,550 | 1,198 | 2,083 | N/A |
7/30/2022 | 49,251 | 1,772 | 824 | 1,679 | N/A |
4/30/2022 | 50,771 | 2,200 | 972 | 1,763 | N/A |
1/29/2022 | 51,761 | 2,454 | 2,515 | 3,252 | N/A |
10/30/2021 | 52,333 | 2,644 | 1,354 | 2,081 | N/A |
7/31/2021 | 52,276 | 2,536 | 1,307 | 2,003 | N/A |
5/1/2021 | 50,337 | 2,234 | 3,509 | 4,205 | N/A |
1/30/2021 | 47,262 | 1,798 | 4,214 | 4,927 | N/A |
10/31/2020 | 45,521 | 1,727 | 4,844 | 5,535 | N/A |
8/1/2020 | 43,432 | 1,629 | 5,030 | 5,728 | N/A |
5/2/2020 | 43,058 | 1,435 | 2,662 | 3,390 | N/A |
2/1/2020 | 43,638 | 1,541 | 1,822 | 2,565 | N/A |
11/2/2019 | 43,243 | 1,531 | 1,452 | 2,238 | N/A |
8/3/2019 | 43,069 | 1,515 | 1,096 | 1,925 | N/A |
5/4/2019 | 42,912 | 1,521 | 1,375 | 2,206 | N/A |
2/2/2019 | 42,879 | 1,464 | 1,589 | 2,408 | N/A |
11/3/2018 | 43,441 | 1,093 | 1,227 | 2,045 | N/A |
8/4/2018 | 43,171 | 1,054 | 1,790 | 2,557 | N/A |
5/5/2018 | 42,732 | 1,019 | N/A | 2,102 | N/A |
2/3/2018 | 42,151 | 999 | N/A | 2,141 | N/A |
10/28/2017 | 40,270 | 1,242 | N/A | 2,353 | N/A |
7/29/2017 | 39,895 | 1,196 | N/A | 1,952 | N/A |
4/29/2017 | 39,488 | 1,169 | N/A | 2,308 | N/A |
1/28/2017 | 39,403 | 1,207 | N/A | 2,557 | N/A |
10/29/2016 | 39,544 | 1,077 | N/A | 2,266 | N/A |
7/30/2016 | 39,418 | 1,014 | N/A | 2,311 | N/A |
4/30/2016 | 39,413 | 996 | N/A | 1,824 | N/A |
1/30/2016 | 39,528 | 807 | N/A | 1,343 | N/A |
10/31/2015 | 40,114 | 854 | N/A | 1,624 | N/A |
8/1/2015 | 40,327 | 841 | N/A | 1,756 | N/A |
5/2/2015 | 40,258 | 814 | N/A | 1,617 | N/A |
1/31/2015 | 40,339 | 1,246 | N/A | 1,935 | N/A |
11/1/2014 | 38,801 | 1,040 | N/A | 1,544 | N/A |
8/2/2014 | 39,096 | 967 | N/A | 1,562 | N/A |
5/3/2014 | 39,903 | 1,067 | N/A | 1,407 | N/A |
2/1/2014 | 40,611 | 695 | N/A | 1,094 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBY's forecast earnings growth (7% per year) is above the savings rate (2.6%).
Earnings vs Market: BBY's earnings (7% per year) are forecast to grow slower than the US market (15.4% per year).
High Growth Earnings: BBY's earnings are forecast to grow, but not significantly.
Revenue vs Market: BBY's revenue (1.6% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: BBY's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBY's Return on Equity is forecast to be very high in 3 years time (45.7%).