Best Buy Co., Inc. (NYSE:BBY) went up by 2.16% from its latest closing price when compared to the 1-year high value of $84.37 and move down -28.14%, while BBY stocks collected +5.68% of gains with the last five trading sessions.
Best Buy Co., Inc. (NYSE:BBY) Worth an Investment?
Best Buy Co., Inc. (NYSE: BBY) scored price to earnings ratio above its average ratio, recording 11.78 times of increase in earnings at the present.
BBY Market Performance
BBY stocks went up by 5.68% for the week, with the monthly drop of -2.63% and a quarterly performance of -4.37%, while its annual performance rate touched -11.09%. The simple moving average for the period of the last 20 days is 0.18% for BBY stocks with the simple moving average of -2.26% for the last 200 days.
Analysts’ Opinion on Best Buy Co., Inc. (NYSE:BBY)
Many brokerage firms have already submitted their reports for BBY stocks, with Jefferies repeating the rating for BBY shares by setting it to “Buy”. The predicted price for BBY socks in the upcoming period according to Jefferies is $88 based on the research report published on April 24, 2019.
Oppenheimer, on the other hand, stated in their research note that they expect to see BBY stock at the price of $86. The rating they have provided for BBY stocks is “Outperform” according to the report published on March 22, 2019.
Evercore ISI gave “In-line” rating to BBY stocks, setting the target price at $75 in the report published on March 20, 2019.
BBY Stocks -6.27% Far from 50 Day Moving Average
After a stumble in the market that brought BBY to its low price for the period of the last 52 weeks, Best Buy Co., Inc. was unable to take a rebound, for now settling with -21.96% of loss for the given period.
The stock volatility was left at 2.72%, however, within the period of a single month, the volatility rate increased by 2.18%, while the shares sank at the distance of -2.98% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -7.85% lower at the present time.
In the course of the last 5 trading sessions, BBY went up by +5.68%, which changed the moving average for the period of 200 days to the total of -19.79% of losses for the stock in comparison to the 20-day moving average settled at $65.62. In addition, Best Buy Co., Inc. saw 24.32% in overturn over the period of a single year with a tendency to cut further gains.
BBY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Best Buy Co., Inc. (BBY), starting from Scarlett Kathleen, who sold 2,694 shares at the price of $64.33 back on Jun 04. After this action, Rushing now owns 30,044 shares of Best Buy Co., Inc., valued at $173,302 with the latest closing price.
Scarlett Kathleen, the CHRO & President, U.S. Retail of Best Buy Co., Inc., sold 4,098 shares at the value of $65.29 during a trade that took place back on May 29, which means that Scarlett Kathleen is holding 32,738 shares at the value of $267,546 based on the most recent closing price.
BBY Stock Fundamentals
The current profitability levels are settled at +4.58 for the present operating margin and +23.23 for gross margin. The net margin for Best Buy Co., Inc. stands at +3.41. Total capital return value is set at 40.66, while invested capital returns managed to touch 32.31. Equity return holds the value 33.80%, with 8.40% for asset returns.
Based on Best Buy Co., Inc. (BBY), the company’s capital structure generated 41.98 points for debt to equity in total, while total debt to capital is set at the value of 29.57. Total debt to assets is settled at the value of 10.54 with long-term debt to equity ratio rests at 40.29 and long-term debt to capital is 28.38.
EBITDA value lies at +534.00 M with total debt to EBITDA carrying the value of 0.51. The value for Enterprise to Sales is 0.38 with debt to enterprise value settled at 0.09. The receivables turnover for Best Buy Co., Inc. is 41.55 with the total asset turnover at the value of 3.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.