Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
BBY

BBY - Best Buy Co Inc Stock Price, Fair Value and News

87.21USD-0.52 (-0.59%)Market Closed

Market Summary

BBY
USD87.21-0.52
Market Closed
-0.59%

BBY Alerts

  • 2 major insider sales recently.
  • JPMORGAN CHASE & CO reported owning 4.2% of BBY [2024-05-08]

BBY Stock Price

View Fullscreen

BBY RSI Chart

BBY Valuation

Market Cap

18.8B

Price/Earnings (Trailing)

15.13

Price/Sales (Trailing)

0.44

EV/EBITDA

7.13

Price/Free Cashflow

15.5

BBY Price/Sales (Trailing)

BBY Profitability

EBT Margin

3.80%

Return on Equity

40.33%

Return on Assets

8.43%

Free Cashflow Yield

6.45%

BBY Fundamentals

BBY Revenue

Revenue (TTM)

42.8B

Rev. Growth (Yr)

-6.55%

Rev. Growth (Qtr)

-39.59%

BBY Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

0.82%

Earnings Growth (Qtr)

-46.52%

Breaking Down BBY Revenue

Last 7 days

-0.8%

Last 30 days

18.9%

Last 90 days

11.8%

Trailing 12 Months

10.4%

How does BBY drawdown profile look like?

BBY Financial Health

Current Ratio

1.01

Debt/Equity

0.37

Debt/Cashflow

1.73

BBY Investor Care

Dividend Yield

4.24%

Dividend/Share (TTM)

3.7

Buy Backs (1Y)

1.14%

Diluted EPS (TTM)

5.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202443.5B42.8B00
202346.3B45.1B44.4B43.5B
202251.8B50.8B49.3B47.9B
202147.3B50.3B52.3B52.3B
202043.6B43.1B43.4B45.5B
201942.9B42.9B43.1B43.2B
201842.2B42.7B43.2B43.4B
201739.4B39.5B39.9B40.3B
201639.5B39.4B39.4B39.5B
201540.3B40.3B40.3B40.1B
201440.6B40.3B40.0B40.2B
201343.9B42.5B41.9B41.5B
201240.1B44.4B42.9B44.2B
201149.7B50.4B47.8B41.6B
201049.7B50.3B50.5B50.2B
200945.0B46.1B47.3B47.9B
200840.0B041.7B43.4B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Best Buy Co Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 12, 2024
whittington melinda d
acquired
-
-
2,258
-
Jun 12, 2024
munce claudia f.
acquired
-
-
2,258
-
Jun 12, 2024
kenny david w
acquired
-
-
3,821
-
Jun 12, 2024
marte mario jesus
acquired
-
-
2,258
-
Jun 12, 2024
mcloughlin karen
acquired
-
-
2,258
-
Jun 12, 2024
rendle steven e
acquired
-
-
2,258
-
Jun 12, 2024
parham richelle p
acquired
-
-
2,258
-
Jun 12, 2024
caputo lisa
acquired
-
-
2,258
-
Jun 12, 2024
sistani sima
acquired
-
-
2,258
-
Jun 12, 2024
kimbell david c
acquired
-
-
2,258
-

1–10 of 50

Which funds bought or sold BBY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
103
17,924
37,494
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
2.6
784,000
11,646,000
0.02%
May 30, 2024
CAMBRIDGE TRUST CO
new
-
7,708,600
7,708,600
0.29%
May 29, 2024
Soltis Investment Advisors LLC
reduced
-75.31
-2,549,940
889,934
0.10%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-12.84
-2,891,000
30,490,000
0.27%
May 24, 2024
Cetera Investment Advisers
added
155
2,796,510
4,468,960
0.01%
May 24, 2024
PGGM Investments
new
-
174,000
174,000
-%
May 21, 2024
LRI Investments, LLC
new
-
1,230
1,230
-%
May 21, 2024
Arrow Financial Corp
added
68.97
1,749
4,019
-%
May 20, 2024
Virtu Financial LLC
new
-
994,000
994,000
0.08%

1–10 of 40

Are Funds Buying or Selling BBY?

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

Unveiling Best Buy Co Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 05, 2024
schulze richard m
8.3%
11
SC 13D/A
May 08, 2024
jpmorgan chase & co
4.2%
9,075,864
SC 13G/A
Feb 13, 2024
vanguard group inc
10.72%
23,087,381
SC 13G/A
Jan 29, 2024
state street corp
5.45%
11,747,443
SC 13G
Jan 24, 2024
blackrock inc.
10.8%
23,328,119
SC 13G/A
Jan 08, 2024
jpmorgan chase & co
5.8%
12,611,137
SC 13G
Oct 06, 2023
blackrock inc.
10.1%
22,019,456
SC 13G/A
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

Recent SEC filings of Best Buy Co Inc

View All Filings
Date Filed Form Type Document
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
8-K
Current Report
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading

Peers (Alternatives to Best Buy Co Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.3B
16.1B
-0.33% 8.58%
24.95
3.69
8.49% 7.67%
48.5B
18.0B
-3.13% 13.65%
18.47
2.7
5.03% 6.12%
30.2B
14.7B
1.55% 26.98%
26.92
2.06
1.18% 3.48%
19.0B
23.1B
-11.81% -15.43%
15.1
0.82
2.40% 1.66%
18.8B
42.8B
18.91% 10.42%
15.13
0.44
-5.07% -5.98%
17.4B
13.2B
7.60% 60.19%
17.14
1.32
5.20% -6.44%
MID-CAP
10.1B
4.9B
-27.31% 15.74%
405.52
2.05
-15.01% 112.11%
6.2B
3.6B
-19.76% -42.01%
21.06
1.71
15.24% 10.82%
3.8B
11.3B
-16.40% -9.28%
176.49
0.34
0.70% -94.93%
3.4B
14.8B
-2.14% 8.67%
11.5
0.23
-1.94% 1397.50%
SMALL-CAP
1.1B
2.1B
-16.18% -49.59%
-14.54
0.5
6.45% -339.66%
348.7M
480.8M
-16.66% 22.32%
7.02
0.73
2.23% 2.59%
69.5M
853.2M
-11.53% -63.84%
-4.46
0.08
-12.80% -190.35%
58.7M
1.2B
-34.08% -44.08%
-0.76
0.05
-7.81% -29.69%
4.6M
1.6B
4452.63% 555.30%
-0.06
0
1.32% -23.33%

Best Buy Co Inc News

Latest updates
MarketBeat16 hours ago
Yahoo Canada Finance20 hours ago

Best Buy Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue-39.6%8,84714,6469,7569,5839,46714,73510,58710,32910,64716,36511,91011,84911,63716,93711,8539,9108,56215,1969,7649,5369,142
Gross Profit-31.2%2,0643,0012,2322,2202,1502,9402,3322,2872,3533,3132,8022,8102,7153,5432,7952,2701,9653,2352,3612,2832,169
  S&GA Expenses-23.5%1,7372,2711,8781,8791,8482,2571,9411,8821,8902,5052,1332,0091,9882,3682,1231,7021,7352,2681,9731,9221,835
EBITDA Margin0.9%0.06*0.06*0.06*0.06*0.06*0.06*0.06*0.06*0.07*0.08*0.08*0.08*---------
Interest Expenses-14.3%12.0014.0014.0012.0012.0012.0010.007.006.006.007.006.006.009.0011.0015.0017.0014.0016.0016.0018.00
Income Taxes-35.5%80.0012486.0096.0075.0011884.0058.0011017216664.0017222716412959.0022296.0069.0065.00
Earnings Before Taxes-44.3%3255843483693206113593674518006647947661,043555561218967389307330
EBT Margin1.8%0.04*0.04*0.04*0.04*0.04*0.04*0.04*0.05*0.05*0.06*0.06*0.06*---------
Net Income-46.5%246460263274244495277306341626499734595816391432159745293238265
Net Income Margin1.6%0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.04*0.04*0.05*0.05*0.05*---------
Free Cashflow-99.6%4.00997-108321-5351,698346449-1,5992,002-28.00597---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets-1.4%14,75214,96716,88215,31814,68815,80317,02115,41915,25117,50420,10218,57917,70519,06721,20217,41215,60515,59116,92614,97814,550
  Current Assets-1.8%7,7537,8979,8658,3047,7628,8029,9228,3448,31510,53913,52012,04011,26812,54014,55110,6838,9968,85710,1758,1928,014
    Cash Equivalents5.5%1,5271,4476361,0931,0301,8749328406402,9363,4654,3404,2785,6255,1365,3053,9192,3551,2051,2891,561
  Inventory5.4%5,2254,9587,5625,6515,2195,1407,2946,0436,2585,9658,5536,4175,7215,6127,4594,1363,9935,1747,5695,2085,195
  Net PPE-2.8%2,1962,2602,3132,3052,3212,3522,3732,3192,2512,2502,2562,2262,2332,2602,2652,2772,2912,3282,3592,3612,334
  Goodwill0%1,3831,3831,3831,3831,3831,3833511,3851,3851,38447.0098698698698698698698498219.0052.00
  Current Liabilities-3.3%7,6497,90910,0108,4337,9088,97910,1708,6508,63510,67411,94610,3579,64110,52112,94510,0808,8048,0609,7267,5767,171
  Short Term Borrowings------------110110110--1,250----
  Long Term Debt-1.6%1,1341,1521,1301,1451,1551,1601,1421,1841,1701,2161,2231,2431,2291,2531,2566326211,2571,2391,2471,193
    LT Debt, Current15.4%15.0013.0015.0015.0015.0016.0016.0015.0015.0013.0015.0014.0015.0014.0067068167314.0014.0014.0014.00
    LT Debt, Non Current-100.0%-1,1521,1301,1451,1551,1601,1421,1841,1701,2161,2231,2431,2291,2531,2566326211,2571,2391,2471,193
Shareholder's Equity0.9%3,0823,0532,8122,8352,7932,7952,9932,8922,7673,0204,2784,3354,1584,5874,0863,7783,4103,4793,1253,2853,354
  Retained Earnings1.5%2,7222,6832,4822,4912,4542,4302,5972,5222,4172,6683,9173,9753,7624,2333,6593,4133,1263,1582,8092,9653,038
  Additional Paid-In Capital-16.1%26.0031.00---21.0061.0020.00----33.00-13383.0015.00----
Accumulated Depreciation-100.0%-4,816---4,624---6,091---6,996---6,900---
Shares Outstanding0.3%216215216218219218225225225247244247---------
Float----14,100---13,400---24,500---20,000---13,900-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations-86.8%1561,180109512-3311,932601675-1,3842,1911977591051,0201192,9618271,6283126232.00
  Share Based Compensation8.6%38.0035.0035.0037.0038.0040.0033.0026.0039.0036.0034.0034.0037.0028.0042.0050.0015.0034.0035.0038.0036.00
Cashflow From Investing7.7%-167-181-219-177-204-226-252-271-213-665-349-105-253365-770-204-179-168101-636-192
Cashflow From Financing7.4%-252-272-312-279-281-748-197-211-650-1,950-685-573-1,089-1,046502-1,3811,049-438-484-350-226
  Dividend Payments-100.0%-198201200202194198198199166172175175142142143141129131133134
  Buy Backs-25.7%52.0070.0011279.0079.00549-10.004551,754426416927250--62.0030637123098.00
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

BBY Income Statement

2024-05-04
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
May 04, 2024
Apr. 29, 2023
Condensed Consolidated Statements of Earnings [Abstract]  
Revenue$ 8,847.0$ 9,467.0
Cost of sales6,783.07,317.0
Gross profit2,064.02,150.0
Selling, general and administrative expenses1,737.01,848.0
Restructuring charges15.0(9.0)
Operating income312.0311.0
Other income (expense):  
Investment income and other25.021.0
Interest expense(12.0)(12.0)
Earnings before income tax expense and equity in income (loss) of affiliates325.0320.0
Income tax expense80.075.0
Equity in income (loss) of affiliates1.0(1.0)
Net earnings$ 246.0$ 244.0
Basic earnings per share$ 1.14$ 1.11
Diluted earnings per share$ 1.13$ 1.11
Weighted-average common shares outstanding:  
Basic216.2218.9
Diluted217.2219.9

BBY Balance Sheet

2024-05-04
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
May 04, 2024
Feb. 03, 2024
Apr. 29, 2023
Current assets   
Cash and cash equivalents$ 1,214.0$ 1,447.0$ 1,030.0
Receivables, net770.0939.0860.0
Merchandise inventories5,225.04,958.05,219.0
Other current assets544.0553.0653.0
Total current assets7,753.07,897.07,762.0
Property and equipment, net2,196.02,260.02,321.0
Operating lease assets2,771.02,758.02,694.0
Goodwill1,383.01,383.01,383.0
Other assets649.0669.0528.0
Total assets14,752.014,967.014,688.0
Current liabilities   
Accounts payable4,664.04,637.04,874.0
Accrued compensation and related expenses380.0486.0364.0
Accrued liabilities812.0902.0759.0
Current portion of operating lease liabilities613.0618.0625.0
Current portion of long-term debt15.013.015.0
Total current liabilities7,649.07,909.07,908.0
Long-term operating lease liabilities2,222.02,199.02,128.0
Long-term debt1,134.01,152.01,155.0
Long-term liabilities665.0654.0704.0
Contingencies (Note 10)
Equity   
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 216.1 million, 215.4 million and 218.5 million shares, respectively22.022.022.0
Additional paid-in capital26.031.0 
Retained earnings2,722.02,683.02,454.0
Accumulated other comprehensive income312.0317.0317.0
Total equity3,082.03,053.02,793.0
Total liabilities and equity14,752.014,967.014,688.0
Gift Card [Member]   
Current liabilities   
Short-term contract liabilities242.0253.0256.0
Deferred Revenue [Member]   
Current liabilities   
Short-term contract liabilities$ 923.0$ 1,000.0$ 1,015.0
BBY
Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone 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 products, 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, installation, memberships, repair, set-up, technical support, health-related, 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, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
 CEO
 WEBSITEhttps://investors.bestbuy.com/investor-relations/overview/default.aspx
 INDUSTRYInternet Retail
 EMPLOYEES52200

Best Buy Co Inc Frequently Asked Questions


What is the ticker symbol for Best Buy Co Inc? What does BBY stand for in stocks?

BBY is the stock ticker symbol of Best Buy Co Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Best Buy Co Inc (BBY)?

As of Fri Jun 14 2024, market cap of Best Buy Co Inc is 18.81 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BBY stock?

You can check BBY's fair value in chart for subscribers.

What is the fair value of BBY stock?

You can check BBY's fair value in chart for subscribers. The fair value of Best Buy Co Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Best Buy Co Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BBY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Best Buy Co Inc a good stock to buy?

The fair value guage provides a quick view whether BBY is over valued or under valued. Whether Best Buy Co Inc is cheap or expensive depends on the assumptions which impact Best Buy Co Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BBY.

What is Best Buy Co Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, BBY's PE ratio (Price to Earnings) is 15.13 and Price to Sales (PS) ratio is 0.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BBY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Best Buy Co Inc's stock?

In the past 10 years, Best Buy Co Inc has provided 0.148 (multiply by 100 for percentage) rate of return.