Best Buy Stock Analysis

BBY Stock  USD 91.42  1.77  1.97%   
The current price rise of Best Buy could raise concerns from investors as the firm is trading at a share price of 91.42 on 2,892,974 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in March. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.7. The current volatility is consistent with the ongoing market swings in January 2023 as well as with Best Buy unsystematic, company-specific events.
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The Best Buy stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Best Buy is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Best Buy Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Best Buy's ongoing operational relationships across important fundamental and technical indicators.

Best Buy Stock Analysis Notes

About 82.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.69. Best Buy recorded earning per share (EPS) of 6.68. The entity last dividend was issued on the 12th of December 2022. The firm had 3:2 split on the 4th of August 2005. 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. For more info on Best Buy Co please contact Corie Barry at 612 291 1000 or go to https://investors.bestbuy.com/investor-relations/o.

Best Buy Upcoming and Recent Events

Earnings reports are used by Best Buy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Best Buy previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report24th of February 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End24th of February 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

Best Buy SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Best Buy prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Best Buy investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Best Buy specific information freely available to individual and institutional investors to make a timely investment decision.
30th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
27th of July 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
13th of June 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders
View
24th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

Best Buy Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Best Buy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Best Buy Co backward and forwards among themselves. Best Buy's institutional investor refers to the entity that pools money to purchase Best Buy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zwj Investment Counsel IncCommon SharesK229 K
Zwj Investment Counsel IncCommon Shares4.7 K272 K
Zwj Investment Counsel IncCommon Shares4.9 K241 K
Zweigdimenna Associates LlcCommon Shares142.5 K14.2 M
Zweigdimenna Associates LlcCommon Shares214.9 K23.9 M
Zweigdimenna Associates LlcCommon Shares3.7 K259 K
Zweigdimenna Associates LlcCommon SharesK274 K
Note, although Best Buy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Best Buy Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 19.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Best Buy's market, we take the total number of its shares issued and multiply it by Best Buy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Best Buy Profitablity

Best Buy's profitability indicators refer to fundamental financial ratios that showcase Best Buy's ability to generate income relative to its revenue or operating costs. If, let's say, Best Buy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Best Buy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Best Buy's profitability requires more research than a typical breakdown of Best Buy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2023
Return on Investment 23.66  24.92 
Return on Average Assets 8.43  7.20 
Return on Average Equity 27.46  24.71 
Return on Invested Capital 0.24  0.31 
Return on Sales 0.036  0.0387 

Management Efficiency

The entity has Return on Asset of 0.0698 % which means that on every $100 spent on asset, it made $0.0698 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.4264 %, implying that it generated $0.4264 on every 100 dollars invested. Best Buy management efficiency ratios could be used to measure how well best buy manages its routine affairs as well as how well it operates its assets and liabilities. Best Buy Return on Investment is fairly stable at the moment as compared to the past year. Best Buy reported Return on Investment of 23.66 in 2022. Return on Invested Capital is likely to rise to 0.31 in 2023, whereas Return on Average Assets are likely to drop 7.20 in 2023. Best Buy Total Assets are fairly stable at the moment as compared to the past year. Best Buy reported Total Assets of 15.26 Billion in 2022. Current Assets is likely to rise to about 12.3 B in 2023, whereas Revenue to Assets are likely to drop 2.61 in 2023.
Last ReportedProjected for 2023
Book Value per Share 14.29  15.01 
Enterprise Value over EBIT 9.20  9.93 
Enterprise Value over EBITDA 5.68  7.89 
Price to Book Value 2.47  3.74 
Tangible Assets Book Value per Share 42.24  50.26 
Enterprise Value12.1 B15.4 B
Tangible Asset Value14.8 B16.1 B
Long Term Debt Total
1.2 B
Non Current Liabilities Total
3.8 B
Forward Dividend Yield
0.0408
Short Long Term Debt Total
3.9 B
Forward Dividend Rate
3.52

Technical Drivers

As of the 2nd of February, Best Buy shows the Risk Adjusted Performance of 0.222, downside deviation of 2.53, and Mean Deviation of 1.81. Best Buy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Best Buy Co, which can be compared to its rivals. Please confirm Best Buy standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Best Buy is priced correctly, providing market reflects its regular price of 91.42 per share. Given that Best Buy has jensen alpha of 0.2818, we suggest you to validate Best Buy Co's prevailing market performance to make sure the company can sustain itself at a future point.

Best Buy Price Movement Analysis

The output start index for this execution was three with a total number of output elements of fifty-eight. The Simple Moving Average indicator is calculated by adding the closing price of Best Buy for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Best Buy short-term fluctuations and highlight longer-term trends or cycles.
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Best Buy Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Best Buy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Best Buy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Best Buy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Best Buy Predictive Daily Indicators

Best Buy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Best Buy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Best Buy Forecast Models

Best Buy time-series forecasting models is one of many Best Buy's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Best Buy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Best Buy Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Best Buy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Best Buy shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Best Buy. By using and applying Best Buy Stock analysis, traders can create a robust methodology for identifying Best Buy entry and exit points for their positions.
Last ReportedProjected for 2023
Operating Margin 3.59  3.49 
EBITDA Margin 5.29  5.17 
Gross Margin 22.43  25.39 
Profit Margin 3.06  2.56 

Current Best Buy Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Best Buy analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Best Buy analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
131.27Hold15Odds
Best Buy Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Best Buy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Best Buy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Best Buy, talking to its executives and customers, or listening to Best Buy conference calls.
Best Buy Analyst Advice Details

Best Buy Stock Analysis Indicators

Best Buy Co stock analysis indicators help investors 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 understating and applying Best Buy stock analysis, traders can identify Best Buy position entry and exit signals to maximize returns.
Begin Period Cash Flow5.6 B
Common Stock Shares Outstanding249.3 M
Total Stockholder EquityB
Total Cashflows From Investing Activities-1.4 B
Tax Provision574 M
Quarterly Earnings Growth Y O Y-0.39
Property Plant And Equipment Net4.9 B
Retained Earnings2.7 B
Cash And Short Term Investments2.9 B
Cash2.9 B
Accounts Payable6.8 B
Net Debt952 M
50 Day M A82.1344
Total Current Liabilities10.7 B
Other Operating Expenses48.8 B
Non Current Assets TotalB
Forward Price Earnings12.1507
Non Currrent Assets Other402 M
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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
(0.39) 
Market Capitalization
19.8 B
Quarterly Revenue Growth
(0.11) 
Return On Assets
0.0698
Return On Equity
0.4264
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.