Consumer Cyclical -
Specialty Retail - NYSE - US
$ 68.56
-1.45 %
$ 14.5 B
Market Cap
15.58
P/E
1. INTRINSIC VALUE
Balance Sheet
Best Buy Co., Inc.
| Current Assets | 8.22 B |
| Cash & Short-Term Investments | 1.58 B |
| Receivables | 1.04 B |
| Other Current Assets | 5.6 B |
| Non-Current Assets | 6.56 B |
| Long-Term Investments | 0 |
| PP&E | 4.96 B |
| Other Non-Current Assets | 1.6 B |
| Current Liabilities | 8.02 B |
| Accounts Payable | 4.98 B |
| Short-Term Debt | 627 M |
| Other Current Liabilities | 2.41 B |
| Non-Current Liabilities | 3.96 B |
| Long-Term Debt | 1.13 B |
| Other Non-Current Liabilities | 2.83 B |
EFFICIENCY
Earnings Waterfall
Best Buy Co., Inc.
| Revenue | 41.5 B |
| Cost Of Revenue | 32.1 B |
| Gross Profit | 9.38 B |
| Operating Expenses | 8.12 B |
| Operating Income | 1.26 B |
| Other Expenses | 335 M |
| Net Income | 927 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Best Buy Co., Inc.
| Net Income | 927 M |
| Depreciation & Amortization | 866 M |
| Capital Expenditures | -706 M |
| Stock-Based Compensation | 139 M |
| Change in Working Capital | 0 |
| Others | 225 M |
| Free Cash Flow | 1.39 B |
Wall Street Analysts Price Targets
Best Buy Co., Inc.
Wall Street analysts predict an average 1-year price target for BBY of $95.6 , with forecasts ranging from
a
low of
$70 to a high of $116 .
BBY Lowest Price Target
Wall Street Target
70 USD
2.10%
BBY Average Price Target
Wall Street Target
95.6 USD
39.40%
BBY Highest Price Target
Wall Street Target
116 USD
69.19%
4. DIVIDEND
ANALYSIS
1.09%
DIVIDEND YIELD
0.95 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Best Buy Co., Inc.
Sold
0-3 MONTHS
6.41 M USD 6
3-6 MONTHS
6.05 M USD 1
6-9 MONTHS
14.2 M USD 3
9-12 MONTHS
424 M USD 3
Bought
984 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Best Buy: Short-Term Struggles Don't Define Long-Term Potential
Despite short-term headwinds, I rate Best Buy as a buy due to its stable brand, healthy balance sheet, and high sustainable dividend yield of 5.58%. The company is undervalued, with an intrinsic value of $85.71, significantly higher than the current trading price of $68.07, indicating potential for long-term growth. Best Buy's low debt and strong dividend growth, coupled with substantial share buybacks, showcase its resilience and ability to return value to shareholders.
seekingalpha.com
- 1 week ago
Selling America, Buying Europe - My Picks
After years of strong returns, amidst the tariff-induced uncertainty, I am rotating towards European-based equities. US economy is facing mounting pressures, via weakening consumer demand, reduced CAPEX spending, inflation, and rising recession odds. European equities are relatively cheap, and despite structural issues, pockets of opportunities exist in high-growth areas and via re-arming Europe initiative.
seekingalpha.com
- 4 weeks ago
Why Do Chase Shopping Offers Feel Blah Compared to Capital One’s 100+ Deals?
In the world of cash-back credit cards, Chase and Capital One are undoubtedly two of the best places to start. With various credit cards offering a myriad of benefits and perks, there is every reason to consider either of these card issuers when looking for something great. Key Points Shopping websites are available to both Capital One and Chase credit card holders. The Capital One site is arguably much easier to use and has more partners available. The Chase website does offer seasonal offers and strong notification alerts. The right cash back credit card can earn you hundreds, or thousands of dollars a year for free. Our top pick pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply now (Sponsor) One Redditor explains why these two brands are so favored by pointing out that Chase and Capital One have specialized shopping websites. Both of these websites offer cardholders discounts at various retailers and the opportunity to earn even more cashback. The Concern What initially concerns this Redditor is that the variety of offers was just jarring when they logged into their Chase and Capital One shopping portals. The original poster immediately noticed that Capital One had over 100 offers while their Chase account only had 14, which was a surprising difference. To be fair, this individual is new to Chase, which is likely why they are seeing so few offers, but it’s concerning that this isn’t immediately clear to this individual as a new Chase customer. A few comments in the Reddit post immediately highlight that once you have been a Chase customer for a while, the company learns your shopping habits and will show you more offers. There is a bit of a caveat here, as the Redditor admits they were able to find more offers and discounts eventually, but they wrote the post after they only saw the initial small selection of cashback offers. As a longtime Chase cardholder, I can verify that I could log in myself and see a similar number of offers compared to Capital One, but with the same caveat that they are not easy to find. The Offers Capital One If you are not familiar with either of these portals, as the Redditor is pointing out, both Chase and Capital One offer shopping portals that anyone with a card can join. In fact, with Capital One, the shopping portal is public, but having an existing card login helps you get directly into the portal setup. Once you are logged in, it’s immediate that Capital One is focusing on getting your attention upfront with big names like up to 5% back at Walmart, 2% at Apple, 7% at Macy’s, 13% at Best Buy, and so on. The thing with Capital One and what makes it such an attractive shopping portal is that the big names continue with Target, Dick’s, Home Depot, Lowe’s, and dozens more of your favorite retailers. Chase Unlike Capital One, which is open to the public, the Chase shopping portal requires you to log in with a Chase account. Once you are in, you have a vastly different setup that makes it a lot harder to identify where your offers are. I’m very familiar with the Chase site, and finding a complete list of offers still takes several clicks. There is no question that Capital One is more user-friendly. This said, Chase offers also seem to lack the same level of big names, or at least from what is immediately apparent. You’ll still see Dell, Office Depot, Lenovo, BackCountry, and other names like Samsung, but the “star power” isn’t there as far as retailers. Still, it takes a lot more searching on the website to find these offers, which ties directly back to the original poster’s concern that Chase seems lacking. Which Is Better? In some ways, Chase has a leg up by highlighting offers for Spring Deals, which is a nice addition to its portal page. They also allow me to choose a set of favorite shopping categories like tech, home, beauty, etc. However, I still have to agree with the original poster and highlight that Capital One’s layout is far easier to navigate, but it’s also easier to pick which offers are online and which are in-store, a distinction I couldn’t find on the Chase site. This distinction makes a big difference because I saw Petco offering me up to 7% cash back with my Capital One card. I purchased dog food there, so a benefit just appeared right before me that I immediately wanted to take advantage of it. Chase is upfront about special deals, seasonal sales, and bonus offers, but everything is more difficult to navigate, making it a more frustrating shopping experience. Even if Chase were to offer a slightly higher percentage than Capital One, trying to find it might be enough of a headache that I would choose Capital One and skip the headache. The post Why Do Chase Shopping Offers Feel Blah Compared to Capital One’s 100+ Deals? appeared first on 24/7 Wall St..
https://247wallst.com
- 1 month ago
Dell, Best Buy Stocks Bounce After Brutal Tariff-Driven Selloff
Tech and electronics stocks are charging higher to kick off the week, following a temporary exemption from President Donald Trump's reciprocal tariffs.
schaeffersresearch.com
- 1 month ago
Buy 9 'Safer' Dividend Dogs Of 23 April Barron's Better Bets Than T-Bills
Nine out of ten "Safest" BBB dividend dogs are ready to buy, with annual dividends from $1K invested exceeding single share prices. Analysts expect 32.86% to 53.48% net gains from top-ten BBB dogs by April 2026, with an average net gain of 43.38%. Best Buy, LyondellBasell, and Pfizer are among the top projected profit-generating trades based on dividends and target price estimates.
seekingalpha.com
- 1 month ago
Flip Side Founder Recalls Days When Record Stores Were Hallowed Ground
CHICAGO — If you’re of a certain age — we won’t say what age — you probably experienced the joy of camping out in front of a Flip Side Records store waiting for the Ticketron outlet to open so you could buy tickets for The Who. Just in time for Record Store Day 2025, Larry Rosenbaum, 81, recalls the glory days of Flip Side Records, the greatest record store chain in Chicagoland history, that he co-founded with his brother, Carl, 83, in “The Flip Side: Where Chicago Rocked” (Eckharzt Press). From 1968 to 1995, Flip Side ruled Chicago’s record market, with locations tucked away in strip malls and storefronts across the city and suburbs. The concert arm of the Rosenbaum brothers’ enterprise was Celebration Flip Side, which produced all the big concerts of the 1970s and 1980s. Carl and Larry weren’t necessarily into music, growing up on Chicago’s North Side in West Ridge (West Rogers Park). They just wanted to be their own boss. “We were working for an electronics parts distributor in 1968,” Larry, 81, told Patch. “We were interested in going into business ourselves. Our choices were narrowed down to a record store, Vienna hot dog stand and a dry cleaner. Our dad was a CPA and one of his clients owned a lucrative dry cleaning business.” Both brothers were in their early 20s, married and with babies, because that’s what you did back then. “We decided on a record store,” Larry said. “Interestingly enough, we weren’t into music. We were just looking for a business to get into.” The brothers made a deal with the landlord for a former bakery on Foster Avenue between Kedzie and Kimball. “We were in the record business,” Larry said. Their stiffest competition was another record store four blocks away called Little Al’s Records that had been around forever. One day, when Larry was working on turning the bakery into a record store, he saw a big fat guy staring through the window. It was Little Al. “He took us out for coffee. He said he was going to do stuff to make us fail, but figured we’d just fail anyway,” Larry recalled. “At 22, it scared the crap out of me. From a competitive angle, here’s a big fat schlub coming in and telling us we were going to fail. We were each married with one kid. This was how we were going to make a living.” The brothers would go on to prove Little Al wrong. Looking for a name for their new venture, a young marketing executive, who lived in the apartment next door to Larry, came up with the name Flip Side. “The timing was great,” Larry said. “It was a great time to be in the music business, especially in the 1970s.” People line up in front of a Flip Side store in 1975, waiting to buy Rolling Stones tickets. Feeding the rock-crazed young consumers on Chicago’s Northwest Side, Carl came up with the idea to go over to the Aragon Ballroom in Uptown to sell records when rock acts were playing at the venue. “We made a deal with the owner,” Larry said. “Every weekend during shows, we’d pack up an old station wagon and set up in the corner.” Among the many innovations Flip Side contributed to the music biz was bringing Ticketron outlets — the original computerized ticket company — into the stores. The cover of the music business bio features a line of people outside a Flip Side store in 1975 waiting to buy tickets to see Rolling Stones at the Chicago Stadium. "Because of the contacts we made at the Aragon, we ultimately got into the concert business ourselves, promoting concerts. Back in the 1970s, we were the premiere concert promoters in Chicago. We worked with the Loop, WCKG and WXRT. “We would contract with bands, sign the bands from the first step to the stage, from the Rollling Stones to the Who to Cheap Trick to Steve Martin,” Larry said. At its peak, Flip Side had 21 stores in Chicago, Hoffman Estates, Schaumburg, Buffalo Grove, Downers Grove, Naperville and Wheaton, to name a few. The Rosenbaums kept Flip Side going until 1995 when they closed their last store, after Best Buy and Circuit City entered the record biz. “[Best Buy and Circuit City] wanted to get people in their stores and used CDs as a loss-leader,” Larry said. “Within three years, they put every privately owned regional chain out of business. They killed the market. If you go to a Best Buy now, you can’t find any records or CDs. After a few years, both got out of the music business.” “The Flip Side: Where Chicago Rocked,” by Carl and Larry Rosenbaum, with Ken Churilla, is available through Erkhartz Press and Amazon. The oral history covers the life spans of the iconic record store chain as well as their concert business, encompassing the classic rock bands of the 1970s and 1980s. “The best way to sum it up, at least for my brother and me, to use the words of the Grateful Dead, 'what a long, strange trip it's been,'” Larry said. “It was a great run, the friends we made, the lives we impacted, there just isn’t any words.” In honor of Record Store Day Saturday, April 12, Larry Rosenbaum will be signing copies of the book from11 a.m. to 12:30 p.m. at the legendary Val’s Halla, 239 Harrison St., Oak Park. After Oak Park, Larry will be zooming up to Scratched Vinyl, 119 Barrington Commons Court, Barrington, from 2 to 3 p.m. Record Store Day is a global event that celebrates the vanishing independent record shops, hallowed grounds that once flourished on street corners and downtown shopping districts during the pre-digital and streaming age. Special vinyl and CD exclusives and various promotional products are also made for the day, released only to independently owned record shops, along with RSD first and small run/regional releases. View the RSD 2025 list, and a list of participating Illinois record stores.
https://www.patch.com
- 1 month ago
Best Buy Launches Creator Program With Influencer Storefronts
Best Buy has debuted a platform that lets creators and influencers collaborate with the retailer. The company announced its Best Buy Creator program Tuesday (April 8) in conjunction with Best Buy Storefronts, a “curated shopping experience” where customers can shop tech from their favorite influencers and creators.
pymnts.com
- 1 month ago
Stock Of The Day: Is Best Buy About To Reverse?
Best Buy Co., Inc. BBY shares are lower again Friday. This comes after yesterday's drop of almost 18%.
benzinga.com
- 1 month ago
Live: Vanguard S&P 500 ETF (VOO) Plummets 4% as Nike (NKE) and Dell (DELL) Sink
A day following “Liberation Day,” the talk of the town is that investors have been liberated from capital gains taxes. The Dow Jones is down 3.72%, the Nasdaq is down more than 5%, and the Vanguard S&P 500 ETF (NYSE: VOO) is down 3.93% as of 10:25 a.m. ET. Why is the market selling off? Tariffs announced by the Trump Administration are estimated to reduce trade by $900 billion this year. Almost every Wall Street bank is now pulling back economic growth estimates for the year. Tariff rates on other countries announced last night range from 10% to more than 50%. As of 2022, the United States had a weighted-average tariff rate of about 1.5%. However, after Trump’s tariff announcement yesterday the United States would have a weighted average tariff rate of 29%. Another issue driving stocks down today is the fact these tariffs appear to be less of a ‘negotiating tactic’ and something that will be in place for a prolonged period of time. For example, both Vietnam and Israel announced large cuts to tariffs on U.S. goods, but saw reciprocal tariff rates of 46% and 17%, respectively. What Stocks Are Falling in the Vanguard S&P 500 ETF? What stocks in the VOO are seeing the biggest declines today? Retailers and Clothing: Williams-Sonoma is down 18.1%, Deckers Outdoor down 16.9%, Ralph Lauren down 16.9%, and Nike down 13%. Each of these companies faces not only reduced consumer spending if a recession happens but also have overseas supply chains that would see significant tariff impacts if these tariffs take effect as presented on April 9th. Consumer Electronics: Dell is down 15.3%, HP is down 15.7%, and Best Buy is down 15.8%. Once again, these companies not only face reduced consumer demand but significant tariffs on their products. Apple was down 9% in early trading but has trimmed its losses to 7.9%. The post Live: Vanguard S&P 500 ETF (VOO) Plummets 4% as Nike (NKE) and Dell (DELL) Sink appeared first on 24/7 Wall St..
https://247wallst.com
- 1 month ago
11 Stocks Go Deeply On Sale Following Trump's Tariffs
If there's a bright side to President Trump's tariffs, proponents say, it's that many S&P 500 stocks are now on sale. The post 11 Stocks Go Deeply On Sale Following Trump's Tariffs appeared first on Investor's Business Daily.
investors.com
- 1 month ago
4 Ideal March Buys From 49 "Safer" Dividends In 100 Barron's Sustainable Dogs
Calvert's ESG analysis identified 100 top sustainable companies, with 83 dividend payers, focusing on five categories: planet, workplace, customer, community, and shareholder. Analysts predict 19.91% to 38.3% net gains for top ESG companies by March 2026, with Omnicom Group and Avient Corp leading potential returns. Sixteen of 83 dividend-paying sustainable stocks show negative free-cash-flow margins, indicating potential cash flow issues and higher risk.
seekingalpha.com
- 1 month ago
8 Upcoming Dividend Increases, Including A King
Highlighting eight companies with upcoming dividend increases, four exceeding 10%, and an average increase of 11.4%, median at 9%. My investment strategy focuses on buying, holding, and expanding stakes in companies with consistent dividend growth and benchmark-beating performance. The list is curated using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, ensuring a minimum of five years of dividend growth.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Best Buy Co., Inc. BBY
COUNTRY
US
INDUSTRY
Specialty Retail
MARKET CAP
$ 14.5 B
Dividend Yield
1.09%
Description
Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing 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, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming 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 consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, 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, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.
Contact
7601 Penn Avenue South, Richfield, MN, 55423
https://investors.bestbuy.com/investor-relations/overview/default.aspx
IPO
Date
April 18, 1985
Employees
85000
Officers
Mr. Matthew M. Bilunas
Senior Executive Vice President of Enterprise Strategy & Chief Financial Officer
Mr. Todd Gregory Hartman
Executive Vice President, General Counsel, Secretary & Chief Risk Officer
Mr. Mathew Raymond Watson
Senior Vice President, Controller & Chief Accounting Officer
Mr. Richard M. Schulze
Founder & Chairman Emeritus
Ms. Mollie O'Brien
Vice President of Investor Relations
Mr. Jason J. Bonfig
Senior Executive Vice President of Customer Offering, Fulfillment & Best Buy Canada
Mr. Damien Harmon
Senior Executive Vice President of Customer, Channel Experiences & Enterprise Services
Mr. Brian A. Tilzer
Executive Vice President and Chief Digital, Analytics & Technology Officer
Ms. Kathleen M. Scarlett
Senior Executive Vice President of Human Resources & Corporate Affairs
Ms. Corie Sue Barry
Chief Executive Officer & Director