An Evaluation Of Best Buy Co. Inc (NYSE: BBY) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

BBY belongs to the Consumer Cyclical sector of the NYSE while operating in the Specialty Retail industry. The current market capitalization of Best Buy Co. Inc is $18.90B. A total of 2.83 million shares were traded on the day, compared to an average of 2.97M shares.

In the most recent transaction, Bilunas Matthew M bought 69,166 shares of BBY for 87.46 per share on Dec 11 ’24. In a previous transaction on Sep 11 ’24, Barry Corie S sold 79,829 shares at 96.66 per share. BBY shares that CEO owns now total 358,241.

Among the insiders who bought shares, Barry Corie S acquired of 79,829 shares on Sep 11 ’24 at a per-share price of $96.66. In another insider transaction, Scarlett Kathleen sold 40,169 shares at $99.60 per share on Aug 30 ’24. Company shares held by the SEVP, HR, Corp Affair & Canada now total 76,972.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Best Buy Co. Inc pays an annual dividend of $2.82, resulting in a dividend yield of 3.19%, and it has a price to earnings (P/E) ratio of 15.10. BBY’s most recent ex-dividend date was 4.3% when it declared a $0.94 quarterly dividend that was paid in cash on 12/17/2024. Previously, the company paid the dividend on 9/19/2024 with an ex-dividend date of 4.28%. The BBY stock dividend was $0.94 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BBY has a high of $103.71 and a low of $69.29.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BBY’s latest balance sheet shows that the firm has $2.94B in Cash & Short Term Investments as of fiscal 2022. There were $3.94B in debt and $10.67B in liabilities at the time. Its Book Value Per Share was $14.42, while its Total Shareholder’s Equity was $3.02B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BBY is Buy with a score of 3.91.

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