Analysts Point To Best Buy Co. Inc (NYSE: BBY) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, BBY falls under the Consumer Cyclical sector while operating within the Specialty Retail industry segment. The current market capitalization of Best Buy Co. Inc is $18.31B. A total of 1.86 million shares were traded on the day, compared to an average of 3.07M shares.

In the most recent transaction, Bilunas Matthew M sold 69,166 shares of BBY for 87.46 per share on Dec 11 ’24. After the transaction, the SEVP Enterprise Strategy & CFO now owns 92,070 company shares. In a previous transaction on Dec 11 ’24, Bilunas Matthew M bought 69,166 shares at 87.46 per share.

Among the insiders who sold shares, Barry Corie S disposed of 79,829 shares on Sep 11 ’24 at a per-share price of $96.66. This resulted in the CEO holding 358,241 shares of BBY after the transaction. In another insider transaction, Barry Corie S bought 79,829 shares at $96.66 per share on Sep 11 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Best Buy Co. Inc pays an annual dividend of $3.76, resulting in a dividend yield of 4.39%, and it has a price to earnings (P/E) ratio of 14.63. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, BBY has a high of $103.71 and a low of $69.29.

As of this writing, BBY has an earnings estimate of $2.4 per share for the current quarter. EPS was calculated based on a consensus of 22.0 estimates, with a high estimate of $2.96 per share and a lower estimate of $2.31.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.

Most Popular

Related Posts