Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Best Buy Co. Inc (NYSE: BBY) closed the day trading at $73.77 up 3.19% from the previous closing price of $71.49. In other words, the price has increased by $3.19 from its previous closing price. On the day, 4.38 million shares were traded. BBY stock price reached its highest trading level at $73.87 during the session, while it also had its lowest trading level at $71.47.
Ratios:
For a better understanding of BBY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.22.
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 March 05, 2025, Reiterated its Outperform rating but revised its target price to $100 from $110 previously.
On November 27, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $115 to $110.
Telsey Advisory Group reiterated its Outperform rating for the stock on August 30, 2024, while the target price for the stock was revised from $95 to $115.
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 Mar 14 ’25 when Watson Mathew bought 3,182 shares for $71.29 per share.
Barry Corie S bought 13,500 shares of BBY for $984,420 on Mar 12 ’25. The CEO now owns 378,780 shares after completing the transaction at $72.92 per share. On Dec 11 ’24, another insider, Bilunas Matthew M, who serves as the SEVP Enterprise Strategy & CFO of the company, sold 69,166 shares for $87.46 each. As a result, the insider received 6,048,925 and left with 92,070 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BBY now has a Market Capitalization of 15771729920 and an Enterprise Value of 18232272896. As of this moment, Best’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.27, and their Forward P/E ratio for the next fiscal year is 10.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.54. 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 5.12. Its current Enterprise Value per Revenue stands at 0.439 whereas that against EBITDA is 7.012.
Stock Price History:
The Beta on a monthly basis for BBY is 1.45, which has changed by -0.057011366 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. 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 -12.32%, while the 200-Day Moving Average is calculated to be -16.76%.
Shares Statistics:
Over the past 3-months, BBY traded about 3.00M shares per day on average, while over the past 10 days, BBY traded about 5182850 shares per day. A total of 213.80M shares are outstanding, with a floating share count of 196.78M. Insiders hold about 7.96% of the company’s shares, while institutions hold 85.59% stake in the company. Shares short for BBY as of 1740700800 were 15394308 with a Short Ratio of 5.13, compared to 1738281600 on 13704853. Therefore, it implies a Short% of Shares Outstanding of 15394308 and a Short% of Float of 9.229999999999999.
Dividends & Splits
BBY’s forward annual dividend rate is 3.76, up from 3.76 a year ago. Against a Trailing Annual Dividend Yield of 0.05259477The stock’s 5-year Average Dividend Yield is 3.59. The current Payout Ratio is 87.85% for BBY, which recently paid a dividend on 2024-12-17 with an ex-dividend date of 1742860800. Stock splits for the company last occurred on 2005-08-04 when the company split stock in a 3:2 ratio.
