Best Buy Co., Inc. (BBY)

NYSE: BBY · IEX Real-Time Price · USD
74.69
+3.40 (4.77%)
At close: Jun 24, 2022 4:00 PM
73.14
-1.55 (-2.08%)
After-hours: Jun 24, 2022 7:54 PM EDT
4.77%
Market Cap 16.82B
Revenue (ttm) 50.77B
Net Income (ttm) 2.20B
Shares Out 225.17M
EPS (ttm) 9.01
PE Ratio 8.29
Forward PE 8.11
Dividend $3.16 (4.23%)
Ex-Dividend Date Jun 13, 2022
Volume 4,534,160
Open 72.10
Previous Close 71.29
Day's Range 71.42 - 74.74
52-Week Range 67.66 - 141.97
Beta 1.44
Analysts Buy
Price Target 92.48 (+23.8%)
Earnings Date May 24, 2022

About BBY

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 products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company'... [Read more...]

Industry Specialty Retail
Founded 1966
CEO Corie Barry
Employees 57,750
Stock Exchange NYSE
Ticker Symbol BBY
Full Company Profile

Financial Performance

In 2021, Best Buy Co.'s revenue was $51.76 billion, an increase of 9.52% compared to the previous year's $47.26 billion. Earnings were $2.45 billion, an increase of 36.48%.

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for BBY stock is "Buy." The 12-month stock price forecast is 92.48, which is an increase of 23.82% from the latest price.

Price Target
$92.48
(23.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Two High Yields The Insiders Are Buying

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BofA credit card data shows a shift in consumer behavior from wants to needs, says Liz Suzuki

Liz Suzuki, Bank of America retail analyst, joins 'Squawk on the Street' to discuss why BofA downgraded Best Buy's stock, how low the price to earnings ratio is for Best Buy and what Bank of America's d...

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Best Buy downgraded as consumers tighten their belts amid high inflation

Best Buy Co. Inc was downgraded to neutral from buy at Bank of America, which forecasts a slowing consumer electronics category amid sky-high inflation and a pullback in discretionary spending.

Best Buy founder splurges on his own stock despite analysts downgrading BBY

Best Buy (NYSE: BBY) shares have lost roughly 20%, in 2022, compared to the S&P 500, which lost 14% year-to-date.

Best Buy's New Environmentally Sound Service Will Cost You

Best Buy's new service picks up old tech from customers' homes to be recycled. The price of the service, at $199, however, may come with some sticker shock.

Founder Richard Schulze Is Making a Big Bet on Best Buy (BBY) Stock

Shares of BBY stock are in the spotlight following a massive purchase from founder Richard Schulze. Schulze purchased 250,000 shares.

Three-Stock Lunch: T. Rowe Price, Bath & Body Works and Best Buy

Gina Sanchez, Lido Advisors chief market strategist, joins 'Power Lunch' to discuss her take on stocks like T. Rowe Price, Bath & Body Works and Best Buy.

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SOFI, TTD, BBY: 6 Top Insider Buys of the Week

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Best Buy's Earnings Provide a Glimpse Into the Consumer Market's Future

Will normal spending return sooner than later?

Best Buy's Cash Flow Increases The Safety Of Its Dividend Yield

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Best Buy's urgent response service expands to Amazon's Alexa devices

Best Buy Co. said Friday it's expanding its Lively Urgent Response service to Amazon's Alexa-enabled home devices, such as Echo speakers and Fire tablets.

Best Buy up 20% after Q1 results last week: should you buy?

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Best Buy misses first quarter EPS by $0.06

Best Buy (NYSE: BBY) recorded an EPS of $1.57 in the first quarter of the 2022 financial year, which was 6 cents less than the $1.63 analyst estimate. Total revenue in the first quarter came to about 41...

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Why Best Buy Stock Surged More Than 10% This Week

Earnings results were better than investors feared.

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Don't get fooled by the market's short-term reactions to Best Buy.

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How Best Buy Dodged the Retail Bullet

Best Buy was left mostly unscathed by issues that damaged other retailers this quarter.

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