BBY

Important Facts About Best Buy Co. Stock

Shares of Consumer Discretionary sector company Best Buy Co. moved 0.2% today, and are now trading at a price of $65.67. The large-cap stock's daily volume was 352,426 compared to its average volume of 2,216,364. The S&P 500 index returned a -0.0% performance.

Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company is based in Richfield and has 52,200 full time employees. Its market capitalization is $14,292,287,488. Best Buy Co. currently offers its equity investors a dividend that yields 5.5% per year.

21 analysts are following Best Buy Co. and have set target prices ranging from $63.0 to $110.0 per share. On average, they have given the company a rating of hold. At today's prices, BBY is trading -19.73% away from its average analyst target price of $81.81 per share.

Over the last year, BBY shares have gone down by -1.0%, which represents a difference of -19.0% when compared to the S&P 500. The stock's 52 week high is $93.32 per share and its 52 week low is $64.07. Although Best Buy Co.'s average free cash flow over the last 6 years has been $2.08 Billion, they have been decreasing at an average rate of -7.8%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 1,824,000 930,000 894,000 -64.45
2022 3,252,000 737,000 2,515,000 -40.32
2021 4,927,000 713,000 4,214,000 131.28
2020 2,565,000 743,000 1,822,000 14.66
2019 2,408,000 819,000 1,589,000 9.36
2018 2,141,000 688,000 1,453,000
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.

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