Market Inference Reports -- BBY Stock

Large-cap Consumer Discretionary company Best Buy has logged a 2.0% change today on a trading volume of 1,080,011. The average volume for the stock is 3,031,135.

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Based in Richfield, United States the company has 85,000 full time employees and a market cap of $17,665,548,288. Best Buy currently offers its equity investors a dividend that yields 4.6% per year.

The company is now trading -3.37% away from its average analyst target price of $84.88 per share. The 20 analysts following the stock have set target prices ranging from $70.0 to $96.0, and on average give Best Buy a rating of hold.

Over the last 52 weeks, BBY stock has risen 8.2%, which amounts to a -23.8% difference compared to the S&P 500. The stock's 52 week high is $86.11 whereas its 52 week low is $62.3 per share. Based on Best Buy's average net margin growth of 7.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 46,298,000 1,419,000 3 -40.0
2022 51,761,000 2,454,000 5 25.0
2021 47,262,000 1,798,000 4 0.0
2020 43,638,000 1,541,000 4 33.33
2019 42,879,000 1,464,000 3 50.0
2018 42,151,000 1,000,000 2 n/a
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.