Best Buy Co Inc's fundamentals are relatively healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 41 out of 92 in the Specialty Retailers industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 82.22.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Best Buy Co Inc is 6.63, ranking 69 out of 92 in the Specialty Retailers industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 9.67B, representing a year-over-year increase of 2.40%, while its net profit experienced a year-over-year increase of 48.72%.
Key Metrics
The current valuation score of Best Buy Co Inc is 6.61, ranking 66 out of 92 in the Specialty Retailers industry. Its current P/E ratio is 21.34, which is 24.39% below the recent high of 26.55 and 53.97% above the recent low of 9.82.
The current earnings forecast score of Best Buy Co Inc is 6.67, ranking 63 out of 92 in the Specialty Retailers industry. The average price target is 84.00, with a high of 99.00 and a low of 60.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Best Buy Co Inc is 6.62, ranking 62 out of 92 in the Specialty Retailers industry. Currently, the stock price is trading between the resistance level at 70.98 and the support level at 61.66, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Best Buy Co Inc is 10.00, ranking 1 out of 92 in the Specialty Retailers industry. The latest institutional shareholding proportion is 93.99%, representing a quarter-over-quarter decrease of 0.30%. The largest institutional shareholder is The Vanguard, holding a total of 24.15M shares, representing 11.53% of shares outstanding, with 6.63% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Specialty Retailers domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Best Buy Co Inc is 7.36, ranking 17 out of 92 in the Specialty Retailers industry. The company's beta value is 1.46. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Best Buy Co Inc’s latest ESG disclosure is at an average level in the Specialty Retailers industry, showing no material impact on overall risk.
