best buy co. inc. - BBY

BBY

Close Chg Chg %
86.52 3.04 3.51%

Closed Market

89.56

+3.04 (3.51%)

Volume: 4.55M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: best buy co. inc. - BBY

BBY Key Data

Open

$87.00

Day Range

87.00 - 90.22

52 Week Range

67.80 - 103.71

Market Cap

$18.58B

Shares Outstanding

214.73M

Public Float

197.63M

Beta

1.49

Rev. Per Employee

N/A

P/E Ratio

14.92

EPS

$5.82

Yield

432.32%

Dividend

$0.94

EX-DIVIDEND DATE

Sep 19, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

2.81M

 

BBY Performance

1 Week
 
-3.37%
 
1 Month
 
-3.39%
 
3 Months
 
1.58%
 
1 Year
 
28.82%
 
5 Years
 
23.27%
 

BBY Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 30
Full Ratings ➔

About best buy co. inc. - BBY

Best Buy Co., Inc. engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment includes operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales. The International segment is made up of all operations outside the U.S. and its territories, including Canada, Europe, China, Mexico, and Turkey. It also markets its products under the brand names: Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia and Pacific Kitchen and Home. The company was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.

BBY At a Glance

Best Buy Co., Inc.
7601 Penn Avenue South
Richfield, Minnesota 55423-3645
Phone 1-612-291-1000 Revenue 43.45B
Industry Electronics/Appliance Stores Net Income 1.24B
Sector Retail Trade Employees 85,000
Fiscal Year-end 01 / 2025
View SEC Filings

BBY Valuation

P/E Current 14.917
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 13.327
Price to Sales Ratio 0.381
Price to Book Ratio 5.34
Price to Cash Flow Ratio 11.251
Enterprise Value to EBITDA 7.227
Enterprise Value to Sales 0.439
Total Debt to Enterprise Value 0.209

BBY Efficiency

Revenue/Employee 511,200.00
Income Per Employee 14,600.00
Receivables Turnover 46.275
Total Asset Turnover 2.824

BBY Liquidity

Current Ratio 0.998
Quick Ratio 0.372
Cash Ratio 0.183

BBY Profitability

Gross Margin 21.96
Operating Margin 3.949
Pretax Margin 3.731
Net Margin 2.856
Return on Assets 8.066
Return on Equity 42.442
Return on Total Capital 17.64
Return on Invested Capital 19.82

BBY Capital Structure

Total Debt to Total Equity 130.429
Total Debt to Total Capital 56.603
Total Debt to Total Assets 26.605
Long-Term Debt to Equity 109.761
Long-Term Debt to Total Capital 47.633
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Best Buy Co. Inc. - BBY

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
47.26B 51.76B 46.30B 43.45B
Sales Growth
+8.30% +9.52% -10.55% -6.15%
Cost of Goods Sold (COGS) incl D&A
36.75B 40.21B 36.47B 33.91B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
839.00M 869.00M 918.00M 923.00M
Depreciation
759.00M 787.00M 832.00M 862.00M
Amortization of Intangibles
80.00M 82.00M 86.00M 61.00M
COGS Growth
+9.16% +9.42% -9.29% -7.02%
Gross Income
10.52B 11.55B 9.83B 9.54B
Gross Income Growth
+5.41% +9.85% -14.94% -2.89%
Gross Profit Margin
+22.25% +22.32% +21.22% +21.96%
2021 2022 2023 2024 5-year trend
SG&A Expense
7.95B 8.55B 7.90B 7.83B
Research & Development
- - - -
-
Other SG&A
7.95B 8.55B 7.90B 7.83B
SGA Growth
+0.08% +7.68% -7.70% -0.89%
Other Operating Expense
- - - -
-
Unusual Expense
196.00M (29.00M) 147.00M 153.00M
EBIT after Unusual Expense
2.38B 3.03B 1.78B 1.56B
Non Operating Income/Expense
54.00M 23.00M 40.00M 110.00M
Non-Operating Interest Income
37.00M 10.00M 28.00M 78.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
52.00M 25.00M 35.00M 52.00M
Interest Expense Growth
-18.75% -51.92% +40.00% +48.57%
Gross Interest Expense
52.00M 25.00M 35.00M 52.00M
Interest Capitalized
- - - -
-
Pretax Income
2.38B 3.02B 1.79B 1.62B
Pretax Income Growth
+19.27% +27.22% -40.87% -9.34%
Pretax Margin
+5.03% +5.84% +3.86% +3.73%
Income Tax
579.00M 574.00M 370.00M 381.00M
Income Tax - Current - Domestic
564.00M 499.00M 277.00M 556.00M
Income Tax - Current - Foreign
51.00M 61.00M 42.00M 39.00M
Income Tax - Deferred - Domestic
(41.00M) 13.00M 52.00M (214.00M)
Income Tax - Deferred - Foreign
- 5.00M 1.00M (1.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.80B 2.45B 1.42B 1.24B
Minority Interest Expense
- - - -
-
Net Income
1.80B 2.45B 1.42B 1.24B
Net Income Growth
+16.68% +36.48% -42.18% -12.54%
Net Margin Growth
+3.80% +4.74% +3.06% +2.86%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.80B 2.45B 1.42B 1.24B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.80B 2.45B 1.42B 1.24B
EPS (Basic)
6.926 9.9433 6.3123 5.7005
EPS (Basic) Growth
+19.06% +43.56% -36.52% -9.69%
Basic Shares Outstanding
259.60M 246.80M 224.80M 217.70M
EPS (Diluted)
6.8365 9.8436 6.2871 5.6796
EPS (Diluted) Growth
+18.94% +43.99% -36.13% -9.66%
Diluted Shares Outstanding
263.00M 249.30M 225.70M 218.50M
EBITDA
3.41B 3.87B 2.85B 2.64B
EBITDA Growth
+19.69% +13.37% -26.33% -7.34%
EBITDA Margin
+7.22% +7.47% +6.15% +6.07%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 103.81
Number of Ratings 30 Current Quarters Estimate 2.444
FY Report Date 01 / 2025 Current Year's Estimate 6.259
Last Quarter’s Earnings 1.295 Median PE on CY Estimate N/A
Year Ago Earnings 6.37 Next Fiscal Year Estimate 6.828
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 15 27 26
Mean Estimate 2.44 1.30 6.26 6.83
High Estimates 2.57 1.42 6.40 7.25
Low Estimate 2.29 1.12 5.98 6.25
Coefficient of Variance 2.64 6.56 1.20 3.57

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 10
OVERWEIGHT 1 1 1
HOLD 17 17 17
UNDERWEIGHT 1 1 1
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Best Buy Co. Inc. - BBY

Date Name Shares Transaction Value
Sep 27, 2024 Richard M. Schulze 13,602,313 Bona fide gift 0.00
Aug 20, 2024 Corie Sue Barry CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Corie Sue Barry CEO; Director 447,599 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $29.91 per share 13,387,686.09
Aug 20, 2024 Corie Sue Barry CEO; Director 438,070 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $85.24 per share 37,341,086.80
Jul 26, 2024 Richard M. Schulze 13,691,395 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $88.86 per share 1,216,617,359.70
Jul 26, 2024 Richard M. Schulze 13,686,343 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $87.9 per share 1,203,029,549.70
Jul 26, 2024 Richard M. Schulze 13,602,853 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $88.28 per share 1,200,859,862.84
Jul 23, 2024 Richard M. Schulze 14,567,235 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $89.01 per share 1,296,629,587.35
Jul 23, 2024 Richard M. Schulze 14,460,036 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $87.31 per share 1,262,505,743.16
Jul 23, 2024 Richard M. Schulze 14,002,853 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $88.46 per share 1,238,692,376.38
Jul 23, 2024 Todd G. Hartman GC, Chief Risk Officer 25,904 Bona fide gift 0.00
Jul 11, 2024 Jason Bonfig SEVP Cust. Offerings & Fulfill 50,714 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.02 per share 4,210,276.28
Jun 5, 2024 Mathew Raymond Watson SVP, Controller & CAO 20,279 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $85.81 per share 1,740,140.99
Jun 4, 2024 Richard M. Schulze 15,890,103 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $85.84 per share 1,364,006,441.52
Mar 6, 2024 Todd G. Hartman GC, Chief Risk Officer 19,705 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $78.23 per share 1,541,522.15
Mar 6, 2024 Todd G. Hartman GC, Chief Risk Officer 6,573 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 13, 2023 Kathleen Scarlett SEVP, HR, Corp Affair & Canada 65,114 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 0.00

Best Buy Co. Inc. in the News