BBY Stock Overview
Best Buy Co., Inc. retails technology products in the United States and Canada.
Best Buy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$94.90|
|52 Week High||US$141.97|
|52 Week Low||US$94.54|
|1 Month Change||-2.65%|
|3 Month Change||-19.84%|
|1 Year Change||-17.12%|
|3 Year Change||64.76%|
|5 Year Change||109.82%|
|Change since IPO||40,897.06%|
Recent News & Updates
Does Best Buy (NYSE:BBY) Deserve A Spot On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Best Buy: Surviving The Retail Apocalypse
The changes and investments made by Best Buy's management have begun to pay off. Best Buy's swiftly growing dividend instills confidence in the underlying fundamentals of the business. I believe the weakness experienced by shares of Best Buy since reporting Q3 earnings, has presented savvy investors the chance to accumulate shares of a quality business at a great price.
Best Buy (NYSE:BBY) Is Investing Its Capital With Increasing Efficiency
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
|BBY||US Specialty Retail||US Market|
Return vs Industry: BBY underperformed the US Specialty Retail industry which returned -2.6% over the past year.
Return vs Market: BBY underperformed the US Market which returned 7.7% over the past year.
|BBY Average Weekly Movement||5.4%|
|Specialty Retail Industry Average Movement||7.4%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: BBY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BBY's weekly volatility (5%) has been stable over the past year.
About the Company
Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing covering desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions, networking products, tablets covering e-readers, and wearables, such as smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products.
Best Buy Fundamentals Summary
|BBY fundamental statistics|
Is BBY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BBY income statement (TTM)|
|Cost of Revenue||US$40.48b|
Last Reported Earnings
Oct 30, 2021
Next Earnings Date
Mar 03, 2022
|Earnings per share (EPS)||10.99|
|Net Profit Margin||5.05%|
How did BBY perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Best Buy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BBY ($94.9) is trading below our estimate of fair value ($159.16)
Significantly Below Fair Value: BBY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BBY is poor value based on its PE Ratio (8.6x) compared to the US Specialty Retail industry average (8.3x).
PE vs Market: BBY is good value based on its PE Ratio (8.6x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: BBY's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BBY is overvalued based on its PB Ratio (5.3x) compared to the US Specialty Retail industry average (2.7x).
How is Best Buy forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBY's earnings are forecast to decline over the next 3 years (-4.3% per year).
Earnings vs Market: BBY's earnings are forecast to decline over the next 3 years (-4.3% per year).
High Growth Earnings: BBY's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BBY's revenue (0.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: BBY's revenue (0.3% 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 (109.6%).
How has Best Buy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBY has a high level of non-cash earnings.
Growing Profit Margin: BBY's current net profit margins (5.1%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: BBY's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: BBY's earnings growth over the past year (53.2%) exceeds its 5-year average (17.4% per year).
Earnings vs Industry: BBY earnings growth over the past year (53.2%) underperformed the Specialty Retail industry 151.5%.
Return on Equity
High ROE: BBY's Return on Equity (61.8%) is considered outstanding.
How is Best Buy's financial position?
Financial Position Analysis
Short Term Liabilities: BBY's short term assets ($13.5B) exceed its short term liabilities ($11.9B).
Long Term Liabilities: BBY's short term assets ($13.5B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: BBY has more cash than its total debt.
Reducing Debt: BBY's debt to equity ratio has increased from 27.1% to 28% over the past 5 years.
Debt Coverage: BBY's debt is well covered by operating cash flow (173.9%).
Interest Coverage: BBY's interest payments on its debt are well covered by EBIT (1119.3x coverage).
What is Best Buy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BBY's dividend (2.95%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BBY's dividend (2.95%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: BBY's dividends per share have been stable in the past 10 years.
Growing Dividend: BBY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.7%), BBY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBY's dividends in 3 years are forecast to be well covered by earnings (30.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Corie Barry (46 yo)
Ms. Corie Sue Barry has been the Chief Executive Officer and Director at Best Buy Co., Inc. since June 11, 2019. Ms. Barry served as Chief Financial Officer at Best Buy Co., Inc. from 2016 to June 11, 2019...
CEO Compensation Analysis
Compensation vs Market: Corie's total compensation ($USD12.03M) is about average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Corie's compensation has been consistent with company performance over the past year.
Experienced Management: BBY's management team is considered experienced (3.7 years average tenure).
Experienced Board: BBY's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BBY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Best Buy Co., Inc.'s employee growth, exchange listings and data sources
- Name: Best Buy Co., Inc.
- Ticker: BBY
- Exchange: NYSE
- Founded: 1966
- Industry: Computer and Electronics Retail
- Sector: Retail
- Implied Market Cap: US$22.829b
- Shares outstanding: 240.56m
- Website: https://investors.bestbuy.com/investor-relations/overview/default.aspx
Number of Employees
- Best Buy Co., Inc.
- 7601 Penn Avenue South
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 23:53|
|End of Day Share Price||2022/01/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.