Best Buy Financials

BBY Stock  USD 77.13  0.89  1.14%   
Based on the key measurements obtained from Best Buy's financial statements, Best Buy Co is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April. Key indicators impacting Best Buy's financial strength include:
Operating Margin
0.0498
PE Ratio
13.7359
Profit Margin
0.0286
Payout Ratio
0.5799
Short Ratio
5.49
With this module, you can analyze Best financials for your investing period. You should be able to track the changes in Best Buy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Best Buy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Best Buy's financial statements are interrelated, with each one affecting the others. For example, an increase in Best Buy's assets may result in an increase in income on the income statement.
Evaluating Best Buy's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Best Buy's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Best Buy's relative financial performance

Chance Of Distress

Less than 17

 
100  
 
Zero
Low
Best Buy Co has less than 17 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Best Buy stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Best Buy's odds of distress score SHOULD NOT be confused with the real chance of Best Buy Co filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Best is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Best Buy's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Best Buy's official financial statements usually reflect Best Buy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Best Buy. For example, before you start analyzing numbers published by Best accountants, it's critical to develop an understanding of what Best Buy's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Best Buy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Best Buy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Best Buy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Best Buy Co. Please utilize our Beneish M Score to check the likelihood of Best Buy's management manipulating its earnings.

Best Buy Company Summary

Best Buy competes with Macys, Wayfair, 1StdibsCom, AutoNation, and Boqii Holding. 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. It employs 57750 people.
Foreign Associate
  Mexico
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000764478
ISINUS0865161014
CUSIP086516101 08651F200
RegionNorth America
LocationMinnesota; U.S.A
Business Address7601 Penn Avenue
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitecorporate.bestbuy.com
Phone(612) 291 1000
CurrencyUSD - US Dollar
You should never invest in Best Buy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Best Stock, because this is throwing your money away. Analyzing the key information contained in Best Buy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Best Buy Key Financial Ratios

Generally speaking, Best Buy's financial ratios allow both analysts and investors to convert raw data from Best Buy's financial statements into concise, actionable information that can be used to evaluate the performance of Best Buy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Best Buy reports annually and quarterly.

Best Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Best Buy's current stock value. Our valuation model uses many indicators to compare Best Buy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Best Buy competition to find correlations between indicators driving Best Buy's intrinsic value. More Info.
Best Buy Co is rated fourth in gross profit category among related companies. It is rated fifth in price to earnings to growth category among related companies . The ratio of Gross Profit to Price To Earnings To Growth for Best Buy Co is about  6,884,767,660 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Best Buy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Best Buy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Best Buy's earnings, one of the primary drivers of an investment's value.

Best Buy Systematic Risk

Best Buy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Best Buy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Best Buy correlated with the market. If Beta is less than 0 Best Buy generally moves in the opposite direction as compared to the market. If Best Buy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Best Buy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Best Buy is generally in the same direction as the market. If Beta > 1 Best Buy moves generally in the same direction as, but more than the movement of the benchmark.

About Best Buy Financials

What exactly are Best Buy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Best Buy's income statement, its balance sheet, and the statement of cash flows. Potential Best Buy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Best Buy investors may use each financial statement separately, they are all related. The changes in Best Buy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Best Buy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Best Buy Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Best Buy is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Best has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Best Buy's financials are consistent with your investment objective using the following steps:
  • Review Best Buy's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Best Buy's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Best Buy's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Best Buy's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Best Buy Thematic Clasifications

Best Buy Co is part of Retail investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
RetailView
This theme covers USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Best Buy March 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Best Buy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Best Buy Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Best Buy Co based on widely used predictive technical indicators. In general, we focus on analyzing Best Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Best Buy's daily price indicators and compare them against related drivers.
When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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 the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Best Buy's 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 the 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 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
(0.05)
Dividend Share
3.68
Earnings Share
5.68
Revenue Per Share
199.596
Quarterly Revenue Growth
(0.01)
The market value of Best Buy is measured differently than its book value, which is the value of Best 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 if Best Buy is a good investment 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.