For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $86.74 in the prior trading day, Best Buy Co. Inc (NYSE: BBY) closed at $75.20, down -13.30%. In other words, the price has decreased by -$13.30 from its previous closing price. On the day, 14.82 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BBY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on November 27, 2024, Reiterated its Outperform rating but revised its target price to $110 from $115 previously.
On August 30, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $95 to $115.
UBS Upgraded its Neutral to Buy on June 17, 2024, whereas the target price for the stock was revised from $85 to $106.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when Bilunas Matthew M sold 69,166 shares for $87.46 per share. The transaction valued at 6,048,925 led to the insider holds 92,070 shares of the business.
Bilunas Matthew M bought 69,166 shares of BBY for $6,048,928 on Dec 11 ’24. On Sep 11 ’24, another insider, Barry Corie S, who serves as the CEO of the company, sold 79,829 shares for $96.66 each. As a result, the insider received 7,715,952 and left with 358,241 shares of the company.
Valuation Measures:
As of this moment, Best’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.84, and their Forward P/E ratio for the next fiscal year is 10.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 5.22.
Stock Price History:
Over the past 52 weeks, BBY has reached a high of $103.71, while it has fallen to a 52-week low of $69.29. The 50-Day Moving Average of the stock is -12.74%, while the 200-Day Moving Average is calculated to be -15.03%.
Shares Statistics:
A total of 213.80M shares are outstanding, with a floating share count of 196.77M. Insiders hold about 7.96% of the company’s shares, while institutions hold 85.64% stake in the company.
