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Best Buy Co Inc Stock Research

BBY

74.32USD-0.27(-0.36%)Market Closed

Market Summary

USD74.32-0.27
Market Closed
-0.36%

BBY Alerts

BBY Stock Price

BBY RSI Chart

BBY Valuation

Market Cap

16.4B

Price/Earnings (Trailing)

10.61

Price/Sales (Trailing)

0.34

EV/EBITDA

5.33

Price/Free Cashflow

13.73

BBY Price/Sales (Trailing)

BBY Profitability

EBT Margin

4.12%

Return on Equity

51.79%

Return on Assets

9.11%

Free Cashflow Yield

7.29%

BBY Fundamentals

BBY Revenue

Revenue (TTM)

47.9B

Revenue Y/Y

-11.11%

Revenue Q/Q

2.5%

BBY Earnings

Earnings (TTM)

1.6B

Earnings Y/Y

-44.49%

Earnings Q/Q

-9.48%

Price Action

52 Week Range

59.4296.29
(Low)(High)

Last 7 days

-3.6%

Last 30 days

-10.6%

Last 90 days

-8.6%

Trailing 12 Months

-22.2%

BBY Financial Health

Current Ratio

0.98

BBY Investor Care

Dividend Yield

4.49%

Dividend/Share (TTM)

3.34

Buy Backs (1Y)

8.02%

Diluted EPS (TTM)

6.67

Peers (Alternatives to Best Buy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
16.4B
47.9B
-10.65% -22.21%
10.61
0.34
-8.42% -41.38%
MID-CAP
7.8B
8.7B
-8.51% -18.35%
6.66
0.9
8.52% 13.90%
7.3B
6.0B
16.86% -32.64%
-14.34
1.23
1.29% -231.90%
5.9B
27.0B
-13.37% 9.90%
4.31
0.22
4.41% 0.32%
5.8B
28.2B
-17.52% -33.88%
4.63
0.21
23.46% 18.01%
5.7B
3.9B
-21.09% -33.08%
10.04
1.57
10.04% -15.32%
3.5B
8.8B
-11.34% 29.35%
8.33
0.41
-0.59% -53.34%
3.3B
8.0B
-2.62% -7.62%
8.04
0.42
10.91% -41.72%
3.3B
15.6B
-31.97% -32.93%
-16.31
0.21
-6.32% -178.91%
SMALL-CAP
1.7B
1.3B
-14.66% 0.41%
6.94
1.31
7.45% 6.00%
804.4M
7.0B
-18.57% -34.19%
5.87
0.12
0.77% -50.82%
164.5M
1.1B
-24.60% -59.07%
3.07
0.15
-0.92% -42.81%
141.3M
1.4B
-28.19% -70.67%
-15.83
0.1
-9.34% -107.10%
95.7M
6.2B
-49.49% -96.31%
-0.08
0.02
-26.37% -225.93%

Financials for Best Buy

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-2.7%47,92849,25150,77151,76152,333
Gross Profit-4.4%10,28510,75511,27811,64011,870
  S&GA Expenses-2.3%8,2188,4108,5378,6358,498
EBITDA-9.1%2,9103,2003,611--
EBITDA Margin-6.6%0.06*0.06*0.07*--
Earnings Before Taxes-13.4%1,9772,2822,7093,0243,267
EBT Margin-11.0%0.04*0.05*0.05*--
Interest Expenses11.5%29.0026.0025.0025.0028.00
Net Income-12.5%1,5501,7722,2002,4542,644
Net Income Margin-10.1%0.03*0.04*0.04*--
Free Cahsflow45.4%1,198824972--
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets10.4%17,02115,41915,25117,50420,102
  Current Assets18.9%9,9228,3448,31510,53913,520
    Cash Equivalents11.0%9328406402,9363,465
  Inventory20.7%7,2946,0436,2585,9658,553
  Net PPE2.3%2,3732,3192,2512,2502,256
  Goodwill-0.1%1,3831,3851,3851,384986
  Current Liabilities17.6%10,1708,6508,63510,67411,946
    LT Debt, Current6.7%16.0015.0015.0013.0015.00
    LT Debt, Non Current-3.5%1,1421,1841,1701,2161,223
Shareholder's Equity3.5%2,9932,8922,7673,0204,278
  Retained Earnings3.0%2,5972,5222,4172,6683,917
  Additional Paid-In Capital205.0%61.0020.00---
Accumulated Depreciation-6,091----
Shares Outstanding0.0%225225225227244
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations24.1%2,0831,6791,7633,2522,081
  Share Based Compensation-0.7%134135143141133
Cashflow From Investing6.5%-1,401-1,498-1,332-1,372-342
Cashflow From Financing14.0%-3,008-3,496-3,858-4,297-3,393
  Dividend Payments3.5%761735712688664
  Buy Backs-16.0%2,2392,6653,0713,5022,019

Risks for BBY

What is the probability of a big loss on BBY?

66.5%


Probability that Best Buy stock will be more than 20% underwater in next one year

58.1%


Probability that Best Buy stock will be more than 30% underwater in next one year.

28.9%


Probability that Best Buy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BBY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Best Buy was unfortunately bought at previous high price.

Drawdowns

Returns for BBY

Cumulative Returns on BBY

15.7%


10-Year Cumulative Returns

16.0%


7-Year Cumulative Returns

4.7%


5-Year Cumulative Returns

10.2%


3-Year Cumulative Returns

What are the long-term rolling returns for BBY?

FIve years rolling returns for Best Buy.

Annualized Returns

Which funds bought or sold BBY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-5.09
14,338,800
85,352,800
0.09%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-9.23
43,000
327,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-
-
-%
2023-02-28
Voya Investment Management LLC
added
3.39
1,765,000
7,471,000
0.01%
2023-02-24
NATIXIS
reduced
-83.81
-4,827,730
1,234,270
0.01%
2023-02-24
SRS Capital Advisors, Inc.
added
1.03
32,358
149,358
0.02%
2023-02-24
National Pension Service
reduced
-5.26
4,108,930
28,616,000
0.06%
2023-02-23
WC Walker & Associates, Inc.
added
1.74
335,062
1,521,060
0.81%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-57.12
-13,133,000
15,606,000
0.16%
2023-02-22
IMS Capital Management
new
-
244,641
244,641
0.16%

1–10 of 47

Latest Funds Activity

Are funds buying BBY calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BBY
No. of Funds

Best Buy News

MarketBeat

Oak Harbor Wealth Partners LLC Has $880000 Holdings in Best ....

MarketBeat,
23 hours ago

Morningstar.ca

Best Buy: Stock of the Week.

Morningstar.ca,
6 days ago

Nasdaq

Nasdaq

Best Buy is Oversold.

Nasdaq,
13 days ago

Schedule 13G FIlings of Best Buy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.77%
26,046,061
SC 13G/A
Feb 07, 2023
blackrock inc.
8.8%
19,388,913
SC 13G/A
Jan 20, 2023
schulze richard m
10.4%
23,068,885
SC 13D/A
Feb 09, 2022
vanguard group inc
11.52%
27,705,867
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 07, 2022
blackrock inc.
9.1%
21,872,180
SC 13G/A
Feb 10, 2021
vanguard group inc
11.11%
28,756,539
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A
Jan 29, 2021
blackrock inc.
7.5%
19,306,106
SC 13G/A
Feb 12, 2020
vanguard group inc
10.39%
26,908,849
SC 13G/A

BBY Fair Value

Best Buy fair value in different scenarios

The table shows the Fair Value estimates for Best Buy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

65.86

-11.38%

80.40

8.18%

115.93

55.99%

146.30

96.85%

183.66

147.12%
Current Inflation

61.19

-17.67%

73.83

-0.66%

103.87

39.76%

129.51

74.26%

160.58

116.07%
Very High Inflation

55.34

-25.54%

65.73

-11.56%

89.48

20.40%

109.79

47.73%

133.88

80.14%

Historical Best Buy Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Best Buy

View All Filings
Date Filed Form Type Document
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 21, 2023
144
Notice of Insider Sale Intent
Mar 21, 2023
144
Notice of Insider Sale Intent
Mar 21, 2023
144
Notice of Insider Sale Intent

Latest Insider Trading transactions for BBY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-21
Bonfig Jason J
sold
-854,566
77.95
-10,963
chief merchandising officer
2023-03-21
Harmon Damien
sold
-461,074
77.95
-5,915
evp, omnichannel
2023-03-21
Hartman Todd G.
sold
-287,636
77.95
-3,690
gc, chief risk officer
2023-03-21
Scarlett Kathleen
sold
-316,399
77.95
-4,059
evp, hr and best buy canada
2023-03-21
Barry Corie S
sold
-1,988,580
77.95
-25,511
ceo
2023-03-21
Bilunas Matthew M
sold
-559,759
77.95
-7,181
chief financial officer
2023-03-21
Watson Mathew
sold
-210,777
77.95
-2,704
svp, finance-controller & cao
2023-03-20
Bilunas Matthew M
acquired
-
-
19,199
chief financial officer
2023-03-20
Bonfig Jason J
acquired
-
-
9,600
chief merchandising officer
2023-03-20
Barry Corie S
acquired
-
-
70,396
ceo

1–10 of 50

Corie S. Barry
65535
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's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.

BBY Income Statement

2023-01-28
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 28, 2023
Jan. 29, 2022
Jan. 30, 2021
Consolidated Statements of Earnings [Abstract]   
Revenue$ 46,298.0$ 51,761.0$ 47,262.0
Cost of sales36,386.040,121.036,689.0
Gross profit9,912.011,640.010,573.0
Selling, general and administrative expenses7,970.08,635.07,928.0
Restructuring charges147.0(34.0)254.0
Operating income1,795.03,039.02,391.0
Other income (expense):   
Investment income and other28.010.038.0
Interest expense(35.0)(25.0)(52.0)
Earnings before income tax expense and equity in income of affiliates1,788.03,024.02,377.0
Income tax expense370.0574.0579.0
Equity in income of affiliates1.04.0 
Net earnings$ 1,419.0$ 2,454.0$ 1,798.0
Basic earnings per share$ 6.31$ 9.94$ 6.93
Diluted earnings per share$ 6.29$ 9.84$ 6.84
Weighted-average common shares outstanding:   
Basic224.8246.8259.6
Diluted225.7249.3263.0

BBY Balance Sheet

2023-01-28
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 28, 2023
Jan. 29, 2022
Current assets  
Cash and cash equivalents$ 1,874.0$ 2,936.0
Receivables, net1,141.01,042.0
Merchandise inventories5,140.05,965.0
Other current assets647.0596.0
Total current assets8,802.010,539.0
Property and equipment  
Land and buildings688.0671.0
Leasehold improvements2,260.02,160.0
Fixtures and equipment3,928.05,419.0
Property under finance leases100.091.0
Gross property and equipment6,976.08,341.0
Less accumulated depreciation4,624.06,091.0
Net property and equipment2,352.02,250.0
Operating lease assets2,746.02,654.0
Goodwill1,383.01,384.0
Other assets520.0677.0
Total assets15,803.017,504.0
Current liabilities  
Accounts payable5,687.06,803.0
Accrued compensation and related expenses405.0845.0
Accrued liabilities843.0946.0
Current portion of operating lease liabilities638.0648.0
Current portion of long-term debt16.013.0
Total current liabilities8,979.010,674.0
Long-term operating lease liabilities2,164.02,061.0
Long-term liabilities705.0533.0
Long-term debt1,160.01,216.0
Contingencies and commitments (Note 13)
Equity  
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 218.1 million and 227.4 million shares, respectively22.023.0
Additional paid-in capital21.0 
Retained earnings2,430.02,668.0
Accumulated other comprehensive income322.0329.0
Total equity2,795.03,020.0
Total liabilities and equity15,803.017,504.0
Gift Card [Member]  
Current liabilities  
Short-term contract liabilities274.0316.0
Deferred Revenue [Member]  
Current liabilities  
Short-term contract liabilities$ 1,116.0$ 1,103.0