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BBY logo BBY
Upturn stock ratingUpturn stock rating
BBY logo

Best Buy Co. Inc (BBY)

Upturn stock ratingUpturn stock rating
$74.37
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: BBY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -33.27%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 15.72B USD
Price to earnings Ratio 17.38
1Y Target Price 89.89
Price to earnings Ratio 17.38
1Y Target Price 89.89
Volume (30-day avg) 3723472
Beta 1.45
52 Weeks Range 66.37 - 101.10
Updated Date 04/1/2025
52 Weeks Range 66.37 - 101.10
Updated Date 04/1/2025
Dividends yield (FY) 5.16%
Basic EPS (TTM) 4.28

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-03-04
When Before Market
Estimate 2.4066
Actual 2.58

Profitability

Profit Margin 2.23%
Operating Margin (TTM) 4.91%

Management Effectiveness

Return on Assets (TTM) 7.29%
Return on Equity (TTM) 31.63%

Valuation

Trailing PE 17.38
Forward PE 11.78
Enterprise Value 18033920451
Price to Sales(TTM) 0.38
Enterprise Value 18033920451
Price to Sales(TTM) 0.38
Enterprise Value to Revenue 0.43
Enterprise Value to EBITDA 8.15
Shares Outstanding 211370000
Shares Floating 193984503
Shares Outstanding 211370000
Shares Floating 193984503
Percent Insiders 8.92
Percent Institutions 87.94

Analyst Ratings

Rating 3.6
Target Price 98.02
Buy 3
Strong Buy 8
Buy 3
Strong Buy 8
Hold 18
Sell 1
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Best Buy Co. Inc

stock logo

Company Overview

overview logo History and Background

Best Buy Co. Inc. was founded in 1966 as Sound of Music by Richard M. Schulze. It initially focused on audio equipment but expanded to include consumer electronics, appliances, and related services. Best Buy became a national brand in 1983 and has evolved into a leading retailer of technology products.

business area logo Core Business Areas

  • Domestic Segment: This segment includes all operations within the United States, focusing on retail sales of consumer electronics, appliances, computing, and mobile phones, as well as related services.
  • International Segment: This segment includes operations in Canada and Mexico, offering similar products and services as the domestic segment but tailored to local market conditions.

leadership logo Leadership and Structure

Corie Sue Barry is the Chief Executive Officer. The company has a hierarchical structure with various departments including merchandising, marketing, supply chain, and technology.

Top Products and Market Share

overview logo Key Offerings

  • Televisions: Best Buy is a major retailer of televisions, with a significant market share in the US. Competitors include Amazon, Walmart, and Costco. Market share varies by brand and screen size, but Best Buy consistently ranks among the top retailers.
  • Computers and Tablets: Best Buy sells a wide range of computers, laptops, and tablets. Competitors include Amazon, Apple, and Microsoft. Market share varies by brand and model, but Best Buy maintains a strong presence.
  • Appliances: Best Buy offers a range of major appliances such as refrigerators, ovens, and washing machines. Competitors include Home Depot, Lowe's, and Sears. Best Buy is a leading retailer of appliances.

Market Dynamics

industry overview logo Industry Overview

The consumer electronics retail industry is highly competitive and subject to rapid technological advancements. Trends include online shopping, omnichannel retail, and demand for smart home devices.

Positioning

Best Buy positions itself as a leading retailer of consumer electronics, appliances, and related services, offering a wide selection, competitive pricing, and knowledgeable customer service.

Total Addressable Market (TAM)

The global consumer electronics market is estimated at over $1 trillion. Best Buy captures a fraction of this TAM, focusing on the US, Canada, and Mexico. Best Buy is positioned well to capitalize on the TAM.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Extensive retail network
  • Partnerships with leading technology vendors
  • Geek Squad services
  • E-commerce platform

Weaknesses

  • Vulnerable to online competition
  • Dependence on holiday sales
  • Inventory management challenges
  • Exposure to product obsolescence
  • Thin profit margins

Opportunities

  • Expanding into new product categories
  • Strengthening online presence
  • Enhancing customer experience
  • Developing strategic partnerships
  • Growth in smart home technology

Threats

  • Increased competition from online retailers
  • Economic downturn
  • Changing consumer preferences
  • Supply chain disruptions
  • Inflation

Competitors and Market Share

competitor logo Key Competitors

  • AMZN
  • WMT
  • TGT
  • HD
  • COST

Competitive Landscape

Best Buy's advantages include its brand recognition, extensive retail network, and Geek Squad services. Disadvantages include online competition and thin profit margins.

Major Acquisitions

Yardbird

  • Year: 2021
  • Acquisition Price (USD millions): 18
  • Strategic Rationale: To expand Best Buy's outdoor furniture offerings.

Growth Trajectory and Initiatives

Historical Growth: Best Buy has experienced moderate growth in recent years, driven by e-commerce expansion and strategic initiatives.

Future Projections: Analyst estimates for Best Buy's future growth vary. Forecasts depend on economic conditions, competitive pressures, and management execution. No specific projections are provided.

Recent Initiatives: Recent initiatives include expanding the membership program 'Best Buy Totaltech', enhancing the online shopping experience, and investing in supply chain improvements.

Summary

Best Buy maintains a strong position in the consumer electronics retail market due to its brand recognition and retail network. However, it faces competition from online retailers and needs to adapt to changing consumer preferences. Recent initiatives like expanding membership programs aim to improve customer loyalty. Managing supply chain disruptions and inventory effectively will be crucial for future success. Best Buy's continued investments in e-commerce are also crucial for future growth.

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Sources and Disclaimers

Data Sources:

  • Company reports
  • Market research reports
  • Analyst estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Best Buy Co. Inc

Exchange NYSE
Headquaters Richfield, MN, United States
IPO Launch date 1985-04-19
CEO & Director Ms. Corie Sue Barry
Sector Consumer Cyclical
Industry Specialty Retail
Full time employees 85000
Full time employees 85000

Best Buy Co., Inc. offers technology products and solutions in the United States, Canada, and internationally. It provides 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 that 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, and outdoor living products. 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 Essentials, Best Buy Health, Current Health, Geek Squad, Imagine That, Insignia, Lively, My Best Buy, My Best Buy Memberships, Pacific Kitchen, Home, TechLiquidators, and Yardbird brand names, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, bestbuy.ca, and techliquidators.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

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