Understanding the Basics of BBY Stocks

Large-cap Consumer Discretionary company Best Buy has moved -0.2% so far today on a volume of 249,486, compared to its average of 3,104,828. In contrast, the S&P 500 index moved 0.0%.

Best Buy trades -3.48% away from its average analyst target price of $84.33 per share. The 20 analysts following the stock have set target prices ranging from $67.0 to $100.0, and on average have given Best Buy a rating of hold.

If you are considering an investment in BBY, you'll want to know the following:

  • Best Buy's current price is 92.6% above its Graham number of $42.26, which implies that at its current valuation it does not offer a margin of safety

  • Best Buy has moved 11.4% over the last year, and the S&P 500 logged a change of 22.3%

  • Based on its trailing earnings per share of 5.7, Best Buy has a trailing 12 month Price to Earnings (P/E) ratio of 14.3 while the S&P 500 average is 15.97

  • BBY has a forward P/E ratio of 12.1 based on its forward 12 month price to earnings (EPS) of $6.71 per share

  • The company has a price to earnings growth (PEG) ratio of -12.24 — a number near or below 1 signifying that Best Buy is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 5.74 compared to its sector average of 4.24

  • Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international.

  • Based in Richfield, the company has 85,000 full time employees and a market cap of $17.61 Billion. Best Buy currently returns an annual dividend yield of 4.5%.

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.