Large-cap Consumer Discretionary company Best Buy has logged a -2.3% change today on a trading volume of 1,319,998. The average volume for the stock is 3,391,601.
Best Buy Co., Inc. offers technology products and solutions in the United States, Canada, and internationally. Based in Richfield, United States the company has 85,000 full time employees and a market cap of $15,799,614,464. Best Buy currently offers its equity investors a dividend that yields 4.9% per year.
The company is now trading -6.11% away from its average analyst target price of $80.1 per share. The 21 analysts following the stock have set target prices ranging from $60.0 to $95.0, and on average give Best Buy a rating of buy.
Over the last 12 months BBY shares have declined by -21.1%, which represents a difference of -37.9% when compared to the S&P 500. The stock's 52 week high is $99.8 per share and its 52 week low is $54.99. With its net margins declining an average -9.3% over the last 6 years, Best Buy declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 41,528,000 | 927,000 | 2 | -33.33 |
| 2023 | 43,452,000 | 1,241,000 | 3 | 0.0 |
| 2022 | 46,298,000 | 1,419,000 | 3 | -40.0 |
| 2021 | 51,761,000 | 2,454,000 | 5 | 25.0 |
| 2020 | 47,262,000 | 1,798,000 | 4 | 0.0 |
| 2019 | 43,638,000 | 1,541,000 | 4 |
