Best Buy Co. Inc

This retail giant is one of America's leading consumer electronic stores offering everything from Apple computers to GE washing machines. As a one-stop shop for all electronics needs, the company also offers credit and repair services for its clientele. Best Buy has cemented its position as the go-to retailer for tech-savvy shoppers.

$98.50
(as of Sep 6, 4:00 PM EST)

Stock Market Guides is not a financial advisor. Our content is strictly educational and should not be considered financial advice.

Ticker Information for Best Buy Co. Inc

Stock Price
$98.50
Ticker Symbol
BBY
Exchange
NYSE

Industry Information for Best Buy Co. Inc

Sector
Consumer Cyclical
Industry
Specialty Retail

Company Description for Best Buy Co. Inc

Country
USA
Full Time Employees
85,000

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.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.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.

Fundamentals for Best Buy Co. Inc

Market Capitalization
$21,247,830,016
EBITDA
$2,673,999,872
Dividends per Share
$3.72
P/E Ratio
17.01
Forward P/E Ratio
16.37
Earnings per Share
$5.79
Earnings per Share Estimate Next Year
$6.13
Profit Margin
2.96%
Shares Outstanding
215,714,000
Percent Owned by Insiders
8.75%
Percent Owned by Institutions
86.13%
52-Week High
$103.71
52-Week Low
$60.17

Technical Indicators for Best Buy Co. Inc

50-Day Moving Average
$87.07
200-Day Moving Average
$79.49
RSI
69.05
2.93

Analyst Ratings for Best Buy Co. Inc

Strong Buy
8
Buy
4
Hold
16
Sell
1
Strong Sell
0

News About Best Buy Co. Inc

Sep 4, 2024, 4:30 PM EST
Converting to Sealed Air helps company use more recycled content in packaging materials See more.
Sep 3, 2024, 7:01 PM EST
On August 30, 2024, Kathleen Scarlett, Senior Executive Vice President, Human Resources, Corporate Affairs & Canada at Best Buy Co Inc (NYSE:BBY), sold 40,169 shares of the company. See more.
Sep 2, 2024, 9:20 PM EST
We recently compiled a list of the Jim Cramer’s Top 10 Must-Watch Stocks Today.In this article, we are going to take a look at where Best Buy Co. See more.
Aug 31, 2024, 8:40 AM EST
Best Buy (NYSE:BBY) Second Quarter 2025 Results See more.
Aug 30, 2024, 11:05 AM EST
Update: Wedbush Raises Price Target on Best Buy to $95 From $85, Keeps Neutral Rating See more.