Best Buy Stock Price on January 3, 2023

BBY Stock  USD 77.39  0.74  0.95%   
As of today, the current price of Best Buy is  77.39 , as last reported on the 22nd of March, with the highest price reaching  77.99  and the lowest price hitting  76.44  during the day.
Best Buy secures Sharpe Ratio (or Efficiency) of -0.0305, which signifies that the company had -0.0305% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Best Buy Co exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Best Buy risk adjusted performance of (0.024576), and Mean Deviation of 1.28 to double-check the risk estimate we provide.
Net Income Common Stock is likely to drop to about 1.4 B in 2023. Price to Book Value is likely to drop to 4.85 in 2023. Price to Earnings Ratio is likely to drop to 12.35 in 2023. Best Buy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Updates

Shares Float
196.8 M
Net Income Applicable To Common Shares
1.4 B
Shares Outstanding
221.3 M
Shares Short Prior Month
11.2 M
Dividend Share

Best Buy Main Headline on 3rd of January 2023

Best Buy dividend paid on 3rd of January 2023

Best Buy Valuation on January 3, 2023

It is possible to determine the worth of Best Buy on a given historical date. On January 3, 2023 Best Buy was worth 80.93 at the beginning of the trading date compared to the closed value of 80.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Best Buy stock. Still, in general, we apply an absolute valuation method to find Best Buy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Best Buy's related companies.
 Open High Low Close Volume
  80.48    80.80    79.40    80.21    1,180,960  
  80.93    80.95    78.64    80.41    2,201,119  
  81.45    82.94    80.83    81.94    1,936,503  
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Open Value 80.93
Closing Value

Best Buy Trading Date Momentum on January 3, 2023

On January 04 2023 Best Buy Co was traded for  81.94  at the closing time. Highest Best Buy's price during the trading hours was 82.94  and the lowest price during the day was  80.83 . The net volume was 1.9 M. The overall trading history on the 4th of January contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.90% . The overall trading delta to current price is 5.68% .

Best Buy Fundamentals Correlations and Trends

By evaluating Best Buy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Best Buy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Best Buy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Best Buy Stock history

Best Buy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Best Buy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Best Buy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Best Buy historical stock prices may prove useful in developing a viable investing in Best Buy
Last ReportedProjected for 2023
Weighted Average Shares224.8 M302.3 M
Weighted Average Shares Diluted225.7 M304.9 M
Issuance Purchase of Equity Shares-998 M-498.9 M

Best Buy Quarterly Market Capitalization

18.85 Billion

Best Buy Stock Technical Analysis

Best Buy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Best Buy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Best Buy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Best Buy Period Price Range

January 3, 2023





Best Buy March 22, 2023 Market Strength

Market strength indicators help investors to evaluate how Best Buy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Best Buy shares will generate the highest return on investment. By undertsting and applying Best Buy stock market strength indicators, traders can identify Best Buy Co entry and exit signals to maximize returns

Best Buy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Best Buy stock's direction in advance. Along with the technical and fundamental analysis of Best Buy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Best Buy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Trending Equities. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Best Buy Stock analysis

When running Best Buy 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 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 Buy 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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Best Buy is measured differently than its book value, which is the value of Best Buy 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 Best Buy value 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.