What Best Buy Co. Investors Should Keep in Mind

One of the losers of today's trading session was Best Buy Co.. Shares of the Specialty retail company plunged -2.61%, and some investors may be wondering if its price of $80.11 would make a good entry point. Here's what you should know if you are considering this investment:

  • Best Buy Co. has moved -14.99% over the last year, and the S&P 500 logged a change of -6.81%

  • BBY has an average analyst rating of hold and is -4.24% away from its mean target price of $83.66 per share

  • Its trailing earnings per share (EPS) is $6.29

  • Best Buy Co. has a trailing 12 month Price to Earnings (P/E) ratio of 12.74 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $7.08 and its forward P/E ratio is 11.31

  • The company has a Price to Book (P/B) ratio of 5.97 in contrast to the S&P 500's average ratio of 2.95

  • Best Buy Co. is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12

  • Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.