Best Buy Co Inc

Company Profile

Best Buy Co Inc had its IPO on 1985-04-19 under the ticker symbol BBY.

The company operates in the Consumer Cyclical sector and Specialty Retail industry. Best Buy Co Inc has a staff strength of 52,200 employees.

Stock update

Shares of Best Buy Co Inc opened at $72.71 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $72.31 - $73.32, and closed at $72.78.

This is a +0.18% increase from the previous day's closing price.

A total volume of 1,390,307 shares were traded at the close of the day’s session.

In the last one week, shares of Best Buy Co Inc have slipped by -3.31%.

Best Buy Co Inc's Key Ratios

Best Buy Co Inc has a market cap of $15.93 billion, indicating a price to book ratio of 5.9748 and a price to sales ratio of 0.3729.

In the last 12-months Best Buy Co Inc’s revenue was $45.12 billion with a gross profit of $9.91 billion and an EBITDA of $2.71 billion. The EBITDA ratio measures Best Buy Co Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Best Buy Co Inc’s operating margin was 3.95% while its return on assets stood at 7.44% with a return of equity of 47.55%.

In Q1.3333333333333, Best Buy Co Inc’s quarterly earnings growth was a negative -25.5% while revenue growth was a negative 11.1%.

Best Buy Co Inc’s PE and PEG Ratio

Forward PE

12.1507

Trailing PE

12.2609

PEG

2.6858

Its diluted EPS in the last 12-months stands at $5.94 per share while it has a forward price to earnings multiple of 12.1507 and a PEG multiple of 2.6858. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Best Buy Co Inc’s profitability.

Best Buy Co Inc stock is trading at a EV to sales ratio of 0.4374 and a EV to EBITDA ratio of 7.2036. Its price to sales ratio in the trailing 12-months stood at 0.3729.

Best Buy Co Inc stock pays annual dividends of $3.56 per share, indicating a yield of 5.05% and a payout ratio of 43.64%.

Balance sheet and cash flow metrics

Total Assets

$14.69 billion

Total Liabilities

$7.91 billion

Operating Cash Flow

$-204000000.00

Capital Expenditure

$204 million

Dividend Payout Ratio

43.64%

Best Buy Co Inc ended 2024 with $14.69 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $14.69 billion while shareholder equity stood at $2.79 billion.

Best Buy Co Inc ended 2024 with $0 in deferred long-term liabilities, $7.91 billion in other current liabilities, 22000000.00 in common stock, $2.45 billion in retained earnings and $1.38 billion in goodwill. Its cash balance stood at $1.03 billion and cash and short-term investments were $1.03 billion. The company’s total short-term debt was $640,000,000 while long-term debt stood at $1.16 billion.

Best Buy Co Inc’s total current assets stands at $7.76 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $860.00 million compared to accounts payable of $4.87 billion and inventory worth $5.22 billion.

In 2024, Best Buy Co Inc's operating cash flow was $-204000000.00 while its capital expenditure stood at $204 million.

Comparatively, Best Buy Co Inc paid $0.44 in dividends in 2024.

Other key metrics

Current Trading Price

$72.78

52-Week High

$92.2175

52-Week Low

$59.4199

Analyst Target Price

$81.87

Best Buy Co Inc stock is currently trading at $72.78 per share. It touched a 52-week high of $92.2175 and a 52-week low of $92.2175. Analysts tracking the stock have a 12-month average target price of $81.87.

Its 50-day moving average was $79.08 and 200-day moving average was $78.05 The short ratio stood at 6.23 indicating a short percent outstanding of 0%.

Around 1098.4% of the company’s stock are held by insiders while 8215% are held by institutions.