Best Buy Co. Company Profile (NYSE:BBY)

About Best Buy Co.

Best Buy Co. logoBest 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,, 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,,, 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
Key Metrics:
  • 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%
  • Debt-to-Equity Ratio: 0.31%
  • Current Ratio: 1.35%
  • Quick Ratio: 0.57%
Additional Links:
Companies Related to Best Buy Co.:

Analyst Ratings

Consensus Ratings for Best Buy Co. (NYSE:BBY) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 14 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $39.76 (12.11% downside)

Analysts' Ratings History for Best Buy Co. (NYSE:BBY)
DateFirmActionRatingPrice TargetDetails
2/18/2017Barclays PLCSet Price TargetBuy$50.00View Rating Details
2/6/2017Sanford C. BernsteinInitiated CoverageBuy -> Underperform$34.00View Rating Details
1/18/2017Deutsche Bank AGBoost Price TargetHold -> Buy$43.00 -> $46.00View Rating Details
12/28/2016KeyCorpReiterated RatingBuyView Rating Details
12/28/2016Pacific CrestReiterated RatingBuyView Rating Details
12/19/2016Loop CapitalReiterated RatingBuy$58.00View Rating Details
12/7/2016Morgan StanleyReiterated RatingEqual Weight -> Buy$35.00 -> $43.00View Rating Details
12/6/2016Bank of America CorpUpgradeUnderperform -> NeutralView Rating Details
12/6/2016BTIG ResearchReiterated RatingNeutral -> BuyView Rating Details
11/30/2016WedbushReiterated RatingNeutral -> Buy$42.00View Rating Details
11/22/2016Jefferies Group LLCReiterated RatingBuy$0.15View Rating Details
11/18/2016RBC Capital MarketsBoost Price TargetSector Perform$42.00 -> $47.00View Rating Details
11/18/2016Royal Bank Of CanadaBoost Price TargetSector Perform$42.00 -> $47.00View Rating Details
11/18/2016Telsey Advisory GroupBoost Price TargetOutperform$42.00 -> $48.00View Rating Details
11/8/2016Evercore ISIDowngradeHold -> SellView Rating Details
10/12/2016SunTrust Banks, Inc.Reiterated RatingBuyView Rating Details
8/24/2016Raymond James Financial, Inc.Boost Price TargetBuy$38.00 -> $45.00View Rating Details
8/24/2016Citigroup Inc.Boost Price TargetNeutral -> Neutral$32.00 -> $40.00View Rating Details
8/17/2016Ladenburg Thalmann Financial ServicesInitiated CoverageBuy -> OutperformView Rating Details
6/22/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
6/23/2016Credit Suisse GroupReiterated RatingBuy -> Hold$31.00View Rating Details
6/23/2016Piper Jaffray CompaniesReiterated RatingNeutral -> Buy$31.00View Rating Details
6/16/2016Longbow ResearchInitiated CoverageBuy -> NeutralView Rating Details
3/15/2016GuggenheimInitiated CoverageNeutralView Rating Details
2/19/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$32.00 -> $33.00View Rating Details
1/20/2016BB&T CorporationDowngradeHold -> UnderweightView Rating Details
1/4/2016ArgusReiterated RatingHoldView Rating Details
11/20/2015J P Morgan Chase & CoLower Price Target$40.00 -> $33.00View Rating Details
8/31/2015B. RileyReiterated RatingBuy$47.00View Rating Details
5/22/2015Wolfe ResearchDowngradeOutperform -> Peer PerformView Rating Details
3/30/2015Janney Montgomery ScottSet Price TargetBuy$43.00View Rating Details
(Data available from 2/21/2015 forward)


Earnings History for Best Buy Co. (NYSE:BBY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/17/2016Q317$0.47$0.62$8.85 billion$8.95 billionViewN/AView Earnings Details
8/23/2016Q217$0.43$0.57$8.40 billion$8.53 billionViewListenView Earnings Details
5/24/2016Q117$0.35$0.44$8.29 billion$8.44 billionViewListenView Earnings Details
2/25/2016Q416$1.39$1.53$13.60 billion$13.60 billionViewListenView Earnings Details
11/19/2015Q316$0.35$0.41$8.86 billion$8.82 billionViewListenView Earnings Details
8/25/2015Q216$0.34$0.49$8.29 billion$8.53 billionViewListenView Earnings Details
5/21/2015Q116$0.29$0.37$8.46 billion$8.56 billionViewN/AView Earnings Details
3/3/2015Q415$1.35$1.48$14.35 billion$14.21 billionViewListenView Earnings Details
11/20/2014Q315$0.25$0.32$9.11 billion$9.38 billionViewListenView Earnings Details
8/26/2014Q215$0.31$0.44$8.98 billion$8.90 billionViewListenView Earnings Details
5/22/2014Q115$0.20$0.33$9.20 billion$9.04 billionViewListenView Earnings Details
2/27/2014Q414$1.01$1.24$14.66 billion$14.47 billionViewListenView Earnings Details
11/19/2013Q314$0.11$0.18$9.36 billion$9.36 billionViewListenView Earnings Details
8/20/2013Q2 2014$0.12$0.32$9.13 billion$9.30 billionViewListenView Earnings Details
5/21/2013Q1 2014$0.25$0.29$10.64 billion$9.38 billionViewListenView Earnings Details
3/1/2013Q4 2013$1.53$1.64$16.32 billion$16.70 billionViewListenView Earnings Details
11/20/20120.03$0.03$10.80 billionViewN/AView Earnings Details
8/21/2012$0.31$0.20ViewN/AView Earnings Details
5/22/2012$0.59$0.72ViewN/AView Earnings Details
3/29/2012$2.16$2.47ViewN/AView Earnings Details
12/13/2011$0.52$0.47ViewN/AView Earnings Details
9/13/2011$0.52$0.47ViewN/AView Earnings Details
6/14/2011$0.33$0.35ViewN/AView Earnings Details
3/24/2011$1.85$1.86ViewN/AView Earnings Details
12/14/2010$0.61$0.54$12.45 billion$11.89 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Best Buy Co. (NYSE:BBY)
Current Year EPS Consensus Estimate: $3.28 EPS
Next Year EPS Consensus Estimate: $3.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168$1.30$1.51$1.41
Q2 201612$0.30$0.50$0.39
Q3 201610$0.42$0.56$0.50
Q4 201611$0.37$0.53$0.45
Q1 20179$0.36$1.57$1.31
Q2 20175$0.38$0.45$0.42
Q3 20175$0.45$0.55$0.48
Q4 20176$1.38$1.73$1.62
Q1 20184$0.37$0.49$0.45
Q2 20184$0.52$0.60$0.58
Q3 20183$0.43$0.58$0.49
Q4 20184$1.32$1.79$1.65
(Data provided by Zacks Investment Research)


Current Dividend Information for Best Buy Co. (NYSE:BBY)
Annual Dividend:$1.12
Dividend Yield:2.48%
Dividend Growth:18.10% (3 Year Average)
Payout Ratio:33.73% (Based on Trailing 12 Months of Earnings)
34.15% (Based on Current Year Consensus EPS Estimate)
32.28% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Best Buy Co. (NYSE:BBY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Best Buy Co. (NYSE:BBY)
Insider Ownership Percentage: 1.21%
Institutional Ownership Percentage: 86.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/16/2016Richard M SchulzeMajor ShareholderSell90,000$47.28$4,255,200.00View SEC Filing  
12/15/2016Richard M SchulzeMajor ShareholderSell235,000$48.50$11,397,500.00View SEC Filing  
12/9/2016Richard M SchulzeMajor ShareholderSell675,000$48.53$32,757,750.00View SEC Filing  
12/6/2016Paula BakerSVPSell6,138$46.70$286,644.60View SEC Filing  
8/25/2016Mathew WatsonVPSell1,030$39.45$40,633.50View SEC Filing  
6/2/2016Hubert JolyCEOSell398,000$32.24$12,831,520.00View SEC Filing  
5/31/2016Mathew WatsonCAOSell1,363$32.10$43,752.30View SEC Filing  
3/3/2016Shari L BallardInsiderSell184,986$32.99$6,102,688.14View SEC Filing  
10/13/2015Richard M SchulzeMajor ShareholderSell197,500$37.23$7,352,925.00View SEC Filing  
10/12/2015Richard M SchulzeMajor ShareholderSell267,504$37.05$9,911,023.20View SEC Filing  
10/6/2015Richard M SchulzeMajor ShareholderSell564,846$37.65$21,266,451.90View SEC Filing  
10/5/2015Richard M SchulzeMajor ShareholderSell550,000$37.64$20,702,000.00View SEC Filing  
9/28/2015Gerard R. VittecoqDirectorSell10,974$36.50$400,551.00View SEC Filing  
9/21/2015Keith J. NelsenGeneral CounselSell34,632$37.99$1,315,669.68View SEC Filing  
9/16/2015Rajendra M. MohaninsiderSell40,000$38.52$1,540,800.00View SEC Filing  
4/17/2015Richard M SchulzeMajor ShareholderSell11,250$36.69$412,762.50View SEC Filing  
4/8/2015Victor Kathy J HigginsDirectorSell11,250$37.92$426,600.00View SEC Filing  
4/6/2015Hatim TyabjiDirectorSell11,250$38.15$429,187.50View SEC Filing  
2/27/2015Richard M SchulzeMajor ShareholderSell420,000$38.01$15,964,200.00View SEC Filing  
2/24/2015Richard M SchulzeMajor ShareholderSell80,000$38.86$3,108,800.00View SEC Filing  
2/20/2015Richard M SchulzeMajor ShareholderSell235,000$39.24$9,221,400.00View SEC Filing  
2/18/2015Richard M SchulzeMajor ShareholderSell165,000$39.14$6,458,100.00View SEC Filing  
2/13/2015Richard M SchulzeMajor ShareholderSell375,000$39.00$14,625,000.00View SEC Filing  
2/11/2015Richard M SchulzeMajor ShareholderSell225,000$38.09$8,570,250.00View SEC Filing  
2/6/2015Richard M SchulzeMajor ShareholderSell900,000$37.01$33,309,000.00View SEC Filing  
2/4/2015Richard M SchulzeMajor ShareholderSell1,210,000$35.83$43,354,300.00View SEC Filing  
2/3/2015Richard M SchulzeMajor ShareholderSell760,000$35.64$27,086,400.00View SEC Filing  
1/13/2015Richard M SchulzeMajor ShareholderSell170,000$39.74$6,755,800.00View SEC Filing  
1/12/2015Richard M SchulzeMajor ShareholderSell170,000$39.14$6,653,800.00View SEC Filing  
1/8/2015Richard M SchulzeMajor ShareholderSell1,600,000$38.88$62,208,000.00View SEC Filing  
1/5/2015Richard M SchulzeMajor ShareholderSell550,000$38.57$21,213,500.00View SEC Filing  
12/23/2014Richard M SchulzeMajor ShareholderSell350,000$40.00$14,000,000.00View SEC Filing  
11/26/2014Shari L BallardInsiderSell64,149$38.59$2,475,509.91View SEC Filing  
11/25/2014Richard M SchulzeMajor ShareholderSell1,415,000$38.79$54,887,850.00View SEC Filing  
11/24/2014Rajendra M MohanInsiderSell42,000$38.36$1,611,120.00View SEC Filing  
11/20/2014Richard M SchulzeMajor ShareholderSell1,360,000$37.50$51,000,000.00View SEC Filing  
11/13/2014Richard M SchulzeMajor ShareholderSell500,000$35.41$17,705,000.00View SEC Filing  
11/6/2014Richard M SchulzeMajor ShareholderSell800,000$35.00$28,000,000.00View SEC Filing  
11/4/2014Richard M SchulzeMajor ShareholderSell550,000$34.45$18,947,500.00View SEC Filing  
10/30/2014Richard M SchulzeMajor ShareholderSell700,000$33.15$23,205,000.00View SEC Filing  
10/28/2014Richard M SchulzeMajor ShareholderSell220,000$32.96$7,251,200.00View SEC Filing  
10/27/2014Richard M SchulzeMajor ShareholderSell170,000$33.03$5,615,100.00View SEC Filing  
10/23/2014Richard M SchulzeMajor ShareholderSell230,000$33.21$7,638,300.00View SEC Filing  
10/3/2014Richard M SchulzeMajor ShareholderSell65,400$33.59$2,196,786.00View SEC Filing  
9/29/2014Richard M SchulzeMajor ShareholderSell500,000$33.54$16,770,000.00View SEC Filing  
9/3/2014Keith J NelsenGeneral CounselSell29,192$31.16$909,622.72View SEC Filing  
8/28/2014Richard M SchulzeMajor ShareholderSell1,600$31.81$50,896.00View SEC Filing  
5/29/2014Keith J NelsenGeneral CounselSell17,213$27.00$464,751.00View SEC Filing  
4/25/2014Jude BuckleyInsiderSell68,143$24.38$1,661,326.34View SEC Filing  
11/5/2013Richard M SchulzeMajor ShareholderSell1,708,334$43.20$73,800,028.80View SEC Filing  
10/23/2013Richard M SchulzeMajor ShareholderSell450,000$42.62$19,179,000.00View SEC Filing  
10/22/2013Allen U LenzmeierDirectorSell150,000$43.11$6,466,500.00View SEC Filing  
10/21/2013Shari L BallardEVPSell32,325$42.97$1,389,005.25View SEC Filing  
10/15/2013Susan S GraftonSVPSell3,000$41.17$123,510.00View SEC Filing  
10/3/2013Richard M SchulzeMajor ShareholderSell1,708,334$37.78$64,540,858.52View SEC Filing  
9/10/2013Richard M SchulzeChairmanSell462,337$37.39$17,286,780.43View SEC Filing  
9/9/2013Richard M SchulzeChairmanSell787,663$37.23$29,324,693.49View SEC Filing  
9/5/2013Christopher K GouldTreasurerSell7,225$37.37$269,998.25View SEC Filing  
9/4/2013Keith J NelsenEVPSell12,748$37.86$482,639.28View SEC Filing  
8/27/2013Allen LenzmeierDirectorSell60,000$35.04$2,102,400.00View SEC Filing  
6/26/2013Shari L BallardEVPSell90,295$27.05$2,442,479.75View SEC Filing  
6/24/2013Keith J NelsenEVPSell14,782$25.93$383,297.26View SEC Filing  
6/21/2013Carol A SurfaceEVPSell14,500$26.93$390,485.00View SEC Filing  
5/24/2013Carol A SurfaceEVPSell15,000$26.16$392,400.00View SEC Filing  
10/2/2012Matthew H PaullDirectorBuy6,500$16.89$109,785.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Best Buy Co. (NYSE:BBY)
News IconWhat's Happening To These Stocks? – Best Buy Co., Inc. (BBY), Maxim Integrated Products, Inc. (MXIM) - Post Analyst (NYSE:BBY) - February 20 at 9:59 AM
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News IconStock Watch on Best Buy Co., Inc. (NYSE:BBY) - Aiken Advocate (NYSE:BBY) - February 19 at 3:39 PM
News IconAnalysts Are Sizing Up Best Buy Co., Inc. (NYSE:BBY): Where Does the Sell-Side See It Going? - Winfield Review (NYSE:BBY) - February 19 at 3:39 PM
News IconBest Buy Co., Inc. (NYSE:BBY) Stock Price Target Given At $43.5 ... - Transcript Daily (NYSE:BBY) - February 19 at 10:16 AM
News IconToday's Brokerage Rating: Best Buy Co., Inc. (BBY), UnitedHealth Group Incorporated (UNH) - StockNewsJournal (NYSE:BBY) - February 19 at 10:16 AM logoWith stocks at highs, investors eye consumer results (NYSE:BBY) - February 17 at 6:22 PM
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News IconBest Buy Co., Inc. (NYSE:BBY) EPS Forecast Given As $1.98 - Transcript Daily (NYSE:BBY) - February 16 at 8:46 AM
News IconRevenue Approximations Analysis: Target Corporation (TGT), Best Buy Co., Inc. (BBY) - StockNewsJournal (NYSE:BBY) - February 16 at 8:46 AM logoSome Retailers Want to End Boarder Tax (TGT, BBY) (NYSE:BBY) - February 16 at 8:46 AM
News IconPresident Trump Holds Roundtable Meeting With Retail Executives (video)… (NYSE:BBY) - February 16 at 8:46 AM logoTrump meets with retail CEOs to talk taxes, imports (NYSE:BBY) - February 16 at 8:46 AM logoTrump meets retail CEOs who oppose Republican border tax plan (NYSE:BBY) - February 16 at 8:46 AM logoLarge Retailers Want to End Border Tax Proposal (NYSE:BBY) - February 16 at 8:46 AM logoHIGHLIGHTS-The Trump presidency on Feb. 14 at 4:02 P.M. EST/2102 GMT (NYSE:BBY) - February 16 at 8:46 AM logoU.S. Retail Chiefs Head to White House to Talk Taxes, Trade (NYSE:BBY) - February 16 at 8:46 AM logoRetail CEOs head to D.C. to oppose Trump's border tax (NYSE:BBY) - February 16 at 8:46 AM logo[$$] Retail CEOs Meet With Trump Over Border Tax Concerns (NYSE:BBY) - February 16 at 8:46 AM logoBest Buy Co., Inc. (NYSE:BBY) Mean Rating At $2.73 - (NYSE:BBY) - February 14 at 8:28 PM logoExclusive: Retail CEOs to meet Trump in bid to kill US border tax - Reuters (NYSE:BBY) - February 14 at 8:28 PM logoEXCLUSIVE-Retail CEOs to meet Trump in bid to kill US border tax - Nasdaq (NYSE:BBY) - February 14 at 3:28 PM
News IconWhat Analysts are Predicting For Expedia, Inc. (EXPE), Best Buy Co., Inc. (BBY)? - The USA Commerce (NYSE:BBY) - February 14 at 3:28 PM
News IconHow Does Best Buy Co., Inc. (BBY) Stack Up Right Now? - StockNewsJournal (NYSE:BBY) - February 14 at 3:28 PM logoHIGHLIGHTS-The Trump presidency on Feb. 14 at 3:16 P.M. EST/2016 GMT (NYSE:BBY) - February 14 at 3:28 PM logoExclusive: Retail CEOs to meet Trump in bid to kill U.S. border tax (NYSE:BBY) - February 14 at 3:28 PM logoExclusive: Retail CEOs head to Washington to try to kill US border tax - sources - Reuters (NYSE:BBY) - February 13 at 9:24 PM logoExclusive: Retail CEOs head to Washington to try to kill U.S. border tax - sources (NYSE:BBY) - February 13 at 9:21 PM
News IconAnalyst Advice And Earnings Insight: Best Buy Co., Inc. (BBY), American Electric Power Company, Inc. (AEP) - Post Analyst (NYSE:BBY) - February 13 at 4:21 PM
News IconBest Buy Co., Inc. (NYSE:BBY) Price Target Expected At $43.5 - Transcript Daily (NYSE:BBY) - February 13 at 4:21 PM
News IconWhy Investors remained confident on Pepsico, Inc. (PEP), Best Buy Co., Inc. (BBY)? - StockNewsJournal (NYSE:BBY) - February 13 at 4:21 PM
News IconShares of Best Buy Co., Inc. (BBY) Sees Large Inflow of Net Money Flow - Highland Mirror (NYSE:BBY) - February 13 at 4:21 PM logoWhy Costco Has Been Able to Avoid the Amazon Trap (NYSE:BBY) - February 13 at 4:21 PM logo[$$] Donald Trump and the tax plans that threaten to split the US (NYSE:BBY) - February 13 at 4:21 PM
News IconBest Buy Co., Inc. (NYSE:BBY) EPS Projection Set At $1.98 - Transcript Daily (NYSE:BBY) - February 11 at 8:54 PM
News IconWatching the Levels: Best Buy Co., Inc. (NYSE:BBY) - Midway Monitor (NYSE:BBY) - February 10 at 9:26 PM
News IconAnalyst's Indicator Review for Best Buy Co., Inc. (BBY), FleetCor Technologies, Inc. (FLT) - The USA Commerce (NYSE:BBY) - February 10 at 9:26 PM
News IconBest Buy Co., Inc. (NYSE:BBY) Equity Price Target Fixed At $44.291 - Transcript Daily (NYSE:BBY) - February 10 at 2:01 AM
News IconTaking a Look at the Chart for Best Buy Co., Inc. (BBY) - The USA Commerce (NYSE:BBY) - February 10 at 2:01 AM
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News IconDigging Up the Facts on Best Buy Co., Inc. (BBY) - StockNewsJournal (NYSE:BBY) - February 8 at 9:03 PM logoFacebook's Oculus Rift Is Dead-On-Departure, According To Trip Chowdhry (NYSE:BBY) - February 8 at 9:03 PM
News IconThe Technical Case for and Against Best Buy Co., Inc. (BBY) - The USA Commerce (NYSE:BBY) - February 8 at 3:59 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Best Buy Co., Inc. - Highland Mirror (NYSE:BBY) - February 8 at 3:59 PM logoFacebook is closing hundreds of its Oculus VR pop-ups in Best Buys after some stores went days without a single demo (NYSE:BBY) - February 8 at 3:59 PM logoResearch Analysts Set Best Buy Co., Inc. (NYSE:BBY) Price Target at $44.291 - (NYSE:BBY) - February 7 at 4:47 PM logo3 Trending Stocks: Best Buy Co., Inc. (BBY), Exelon Corporation (EXC), VF Corporation (VFC) - iStreetWire (NYSE:BBY) - February 7 at 4:47 PM
News IconEarnings Clues on United Technologies Corporation (UTX), Best Buy Co., Inc. (BBY) Analyst's Predictions - StockNewsJournal (NYSE:BBY) - February 7 at 4:47 PM


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.

Best Buy Co. (NYSE:BBY) Chart for Tuesday, February, 21, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Best Buy Co. (NYSE:BBY)

Earnings History Chart

Earnings by Quarter for Best Buy Co. (NYSE:BBY)

Dividend History Chart

Dividend Payments by Quarter for Best Buy Co. (NYSE:BBY)

Last Updated on 2/21/2017 by Staff