Best Buy Co Stock Performance

BBY Stock  USD 77.13  0.89  1.14%   
The firm shows a Beta (market volatility) of 1.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Best Buy will likely underperform. Although it is important to respect Best Buy historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. Best Buy right now shows a risk of 1.63%. Please confirm Best Buy maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Best Buy will be following its price patterns.

Risk-Adjusted Performance

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Over the last 90 days Best Buy Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental drivers, Best Buy is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more

Actual Historical Performance (%)

One Day Return
(1.14)
Five Day Return
(0.91)
Year To Date Return
(0.17)
Ten Year Return
199.53
All Time Return
46.2 K
Forward Dividend Yield
0.0482
Payout Ratio
0.5799
Last Split Factor
3:2
Forward Dividend Rate
3.76
Dividend Date
2024-04-11
 
Best Buy dividend paid on 2nd of January 2024
01/02/2024
1
Best Buys shares up after chain posts smaller-than expected sales decline for 4Q
02/29/2024
2
Alberta Investment Management Corp Sells 3,286 Shares of Best Buy Co., Inc.
03/06/2024
3
Best Buy board chair to step down in June
03/07/2024
4
Disposition of 49010 shares by Richard Schulze of Best Buy at 80.0705 subject to Rule 16b-3
03/08/2024
5
Best Buy Co., Inc. Receives Consensus Recommendation of Hold from Analysts
03/11/2024
6
Petco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive
03/13/2024
7
Best Buy Is Paying Out A Larger Dividend Than Last Year
03/14/2024
8
MacBook sale Get up to 700 off the MacBook Air, MacBook Pro
03/15/2024
9
Best Buy Co A Fair Market Valuation or a Pricing Misstep
03/18/2024
Begin Period Cash Flow2.3 B
  

Best Buy Relative Risk vs. Return Landscape

If you would invest  7,744  in Best Buy Co on December 19, 2023 and sell it today you would lose (31.00) from holding Best Buy Co or give up 0.4% of portfolio value over 90 days. Best Buy Co is generating 0.0066% of daily returns assuming volatility of 1.6311% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Best, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon Best Buy is expected to generate 15.55 times less return on investment than the market. In addition to that, the company is 2.74 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.17 per unit of volatility.

Best Buy Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Best Buy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Best Buy Co, and traders can use it to determine the average amount a Best Buy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0041

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

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  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Best Buy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Best Buy by adding Best Buy to a well-diversified portfolio.

Best Buy Fundamentals Growth

Best Stock prices reflect investors' perceptions of the future prospects and financial health of Best Buy, and Best Buy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Best Stock performance.

About Best Buy Performance

To evaluate Best Buy Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Best Buy generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Best Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Best Buy market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Best's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Best Buy performance evaluation

Checking the ongoing alerts about Best Buy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Best Buy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 3.98 B in debt with debt to equity (D/E) ratio of 1.34, which is OK given its current industry classification. Best Buy has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Best Buy until it has trouble settling it off, either with new capital or with free cash flow. So, Best Buy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Best Buy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Best to invest in growth at high rates of return. When we think about Best Buy's use of debt, we should always consider it together with cash and equity.
Over 84.0% of Best Buy shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: Best Buy Co A Fair Market Valuation or a Pricing Misstep
Evaluating Best Buy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Best Buy's stock performance include:
  • Analyzing Best Buy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Best Buy's stock is overvalued or undervalued compared to its peers.
  • Examining Best Buy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Best Buy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Best Buy's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Best Buy's stock. These opinions can provide insight into Best Buy's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Best Buy's stock performance is not an exact science, and many factors can impact Best Buy's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.