About Best Buy Co.
Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers products and services to the customers visiting its stores, engaging with Geek Squad agents or using its Websites or mobile applications. It operates through two segments: Domestic and International. The Domestic segment consists of the operations in all states, districts and territories of the United States, under various brand names, including Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, and Pacific Kitchen and Home. The International segment consists of all operations in Canada and Mexico under the brand names, Best Buy, bestbuy.com.ca, bestbuy.com.mx, Best Buy Express, Best Buy Mobile and Geek Squad. It Domestic and International segments have offerings in over six categories, such as consumer electronics, computing and mobile phones, entertainment, appliances, services and other.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Electronics Stores
- Sub-Industry: Computer & Electronics Retail
- Exchange: NYSE
- Symbol: BBY
- CUSIP: 08651610
- Previous Close: $45.37
- 50 Day Moving Average: $43.95
- 200 Day Moving Average: $40.66
- 52-Week Range: $28.02 - $49.40
- Trailing P/E Ratio: 13.50
- Foreward P/E Ratio: 13.04
- P/E Growth: 1.11
- Market Cap: $14.20B
- Outstanding Shares: 313,826,000
- Beta: 1.59
- Net Margins: 2.78%
- Return on Equity: 24.18%
- Return on Assets: 7.75%
Companies Related to Best Buy Co.:
- Debt-to-Equity Ratio: 0.31%
- Current Ratio: 1.35%
- Quick Ratio: 0.57%
What is Best Buy Co.'s stock symbol?
Best Buy Co. trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBY."
How often does Best Buy Co. pay dividends? What is the dividend yield for Best Buy Co.?
Best Buy Co. declared a quarterly dividend on Friday, November 18th. Investors of record on Thursday, December 8th will be given a dividend of $0.28 per share on Thursday, December 29th. This represents a $1.12 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Tuesday, December 6th.
Where is Best Buy Co.'s stock going? Where will Best Buy Co.'s stock price be in 2017?
24 equities research analysts have issued 1 year price objectives for Best Buy Co.'s stock. Their forecasts range from $0.15 to $58.00. On average, they anticipate Best Buy Co.'s stock price to reach $39.76 in the next year.
When will Best Buy Co. announce their earnings?
Best Buy Co. is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
What are analysts saying about Best Buy Co. stock?
Here are some recent quotes from research analysts about Best Buy Co. stock:
According to Zacks Investment Research, "Best Buy shares have outpaced the industry in the past one year driven by earnings beat over the last 16 quarters. The company is making extensive investments to upgrade its operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors. Moreover, management is optimistic about fiscal fourth-quarter earnings and projected earnings in the range of $1.62–$1.67 per share. Estimates have been stable lately ahead of fourth-quarter earnings release. However, the challenging retail landscape, aggressive promotional strategies and waning store traffic may hurt the stock. Moreover, comparable sale for the final quarter does not look encouraging. Enterprise comparable sales are expected to be in the range of down 1% to up 1%. Further, the company anticipates international comparable sales in the range of down 2% to up 2%, while domestic comparable sales in the band of down 1% to up 1%." (2/20/2017)
Credit Suisse Group analysts commented, "may not deliver the improvement needed to hit Q4 comps estimates," Sigman stated. Secondly, Best Buy is lapping market share benefits from companies such as Sears Holdings Corp (NASDAQ: SHLD); these benefits may become less notable this year and next. The main concern is that the expectations assume improvement in Q4, but visibility is becoming cloudy.Related Link: Napster Is Back (By Name, At Least)The analyst is confident in the management team and its transformation strategy for the company that has produced strong results in difficult periods. With that said as sales are an important part of the "investment story" (6/15/2016)
Who owns Best Buy Co. stock?
Best Buy Co.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.88%), State Street Corp (4.29%), AQR Capital Management LLC (2.09%), Dimensional Fund Advisors LP (1.43%), Renaissance Technologies LLC (1.15%) and Prudential PLC (0.74%). Company insiders that own Best Buy Co. stock include Gerard R Vittecoq, Hatim Tyabji, Hubert Joly, Keith J Nelsen, Mathew Watson, Paula Baker, Rajendra M Mohan, Richard M Schulze, Shari L Ballard and Victor Kathy J Higgins.
Who sold Best Buy Co. stock? Who is selling Best Buy Co. stock?
Best Buy Co.'s stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Investec Asset Management LTD, Brown Advisory Inc., Tyvor Capital LLC, Guggenheim Capital LLC, Aviva PLC, Gabelli Funds LLC and Teachers Retirement System of The State of Kentucky. Company insiders that have sold Best Buy Co. stock in the last year include Hubert Joly, Mathew Watson, Paula Baker, Richard M Schulze and Shari L Ballard.
Who bought Best Buy Co. stock? Who is buying Best Buy Co. stock?
Best Buy Co.'s stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Renaissance Technologies LLC, Flinton Capital Management LLC, Russell Investments Group Ltd., O Shaughnessy Asset Management LLC, Asset Management One Co. Ltd. and Tyers Asset Management LLC.
How do I buy Best Buy Co. stock?
Shares of Best Buy Co. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Best Buy Co. stock cost?
One share of Best Buy Co. stock can currently be purchased for approximately $45.24.