How to buy Best Buy CoInc stock (BBY)

Best Buy CoInc is a specialty retail business based in the US. Best Buy CoInc shares (BBY) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $89.97 – a decrease of 3.62% over the previous week. Best Buy CoInc employs 85,000 staff and has a trailing 12-month revenue of around $42.5 billion.

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Best Buy CoInc stock price (NYSE: BBY)

Use our graph to track the performance of BBY stocks over time.

Best Buy CoInc shares at a glance

• Key figures

Information last updated 2024-10-24.

Latest market close	$89.97
52-week range	$59.60 - $103.48
50-day moving average more info button	$95.90
200-day moving average more info button	$83.52
Wall St. target price	$104.24
PE ratio more info button	16.2556
Dividend yield more info button	$3.72 (4.03%)
Earnings per share (TTM) more info button	$5.79

Is it a good time to buy Best Buy CoInc stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Best Buy CoInc price performance over time

Historical closes compared with the close of $91.54 from 2024-10-28

1 week (2024-10-22)	-2.38%
1 month (2024-09-30)	-11.38%
3 months (2024-07-30)	7.25%
6 months (2024-04-30)	24.31%

1 year (2023-10-30)	41.94%
2 years (2022-10-28)	33.93%
3 years (2021-10-29)	122.24
5 years (2019-10-30)	32.52%

Is Best Buy CoInc stock undervalued or overvalued?

Valuing Best Buy CoInc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Best Buy CoInc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Best Buy CoInc's P/E ratio

Best Buy CoInc's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Best Buy CoInc shares trade at around 16x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Best Buy CoInc's PEG ratio

Best Buy CoInc's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.551. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Best Buy CoInc's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Best Buy CoInc's EBITDA

Best Buy CoInc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.7 billion.

The EBITDA is a measure of a Best Buy CoInc's overall financial performance and is widely used to measure a its profitability.

Best Buy CoInc financials

Revenue TTM	$42.5 billion
Operating margin TTM	4.05%
Gross profit TTM	$9.9 billion
Return on assets TTM	7.22%
Return on equity TTM	42.41%
Profit margin	2.96%
Book value	$14.45
Market Capitalization more info button	$20.2 billion

TTM: trailing 12 months

Best Buy CoInc's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Best Buy CoInc.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Best Buy CoInc's total ESG risk score

Total ESG risk: 16.47

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Best Buy CoInc's overall score of 16.47 (as at 12/31/2018) is excellent – landing it in it in the 10th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Best Buy CoInc is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Best Buy CoInc's environmental score

Environmental score: 9.12/100

Best Buy CoInc's environmental score of 9.12 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Best Buy CoInc is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Best Buy CoInc's social score

Social score: 9.67/100

Best Buy CoInc's social score of 9.67 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Best Buy CoInc is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Best Buy CoInc's governance score

Governance score: 8.68/100

Best Buy CoInc's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Best Buy CoInc is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Best Buy CoInc's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Best Buy CoInc scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Best Buy CoInc has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Best Buy Co. Inc was last rated for ESG on: 2019-01-01.

Total ESG score	16.47
Total ESG percentile	10.32
Environmental score	9.12
Environmental score percentile	8
Social score	9.67
Social score percentile	8
Governance score	8.68
Governance score percentile	8
Level of controversy	2

Best Buy CoInc share dividends

Dividend payout ratio: 57.1% of net profits

Recently Best Buy CoInc has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Best Buy CoInc shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Best Buy CoInc's case, that would currently equate to about $3.72 per share.

Best Buy CoInc's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Best Buy CoInc's most recent dividend payout was on 9 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 18 September 2024 (the "ex-dividend date").

Have Best Buy CoInc's shares ever split?

Best Buy CoInc's shares were split on a 3:2 basis on 3 August 2005 . So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Best Buy CoInc shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Best Buy CoInc shares which in turn could have impacted Best Buy CoInc's share price.

Best Buy CoInc share price volatility

Over the last 12 months, Best Buy CoInc's shares have ranged in value from as little as $59.5967 up to $103.48. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Best Buy CoInc's is 1.48. This would suggest that Best Buy CoInc's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Best Buy CoInc overview

Best Buy Co. , Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, movies, and toys, as well as hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides delivery, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.

Frequently asked questions

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What percentage of Best Buy CoInc is owned by insiders or institutions?
Currently 8.71% of Best Buy CoInc shares are held by insiders and 85.973% by institutions. How many people work for Best Buy CoInc?
Latest data suggests 85,000 work at Best Buy CoInc. When does the fiscal year end for Best Buy CoInc?
Best Buy CoInc's fiscal year ends in January. Where is Best Buy CoInc based?
Best Buy CoInc's address is: 7601 Penn Avenue South, Richfield, MN, United States, 55423 What is Best Buy CoInc's ISIN number?
Best Buy CoInc's international securities identification number is: US0865161014 What is Best Buy CoInc's CUSIP number?
Best Buy CoInc's Committee on Uniform Securities Identification Procedures number is: 08651F200