On Monday, Best Buy Co. Inc (NYSE: BBY) was -2.48% drop from the session before settling in for the closing price of $88.03. A 52-week range for BBY has been $69.29 – $103.71.
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Annual sales at Consumer Cyclical sector company grew by 0.58% over the past five years. When this article was written, the company’s average yearly earnings per share was at -3.01%. With a float of $196.78 million, this company’s outstanding shares have now reached $213.80 million.
Let’s look at the performance matrix of the company that is accounted for 85000 employees. In terms of profitability, gross margin is 22.41%, operating margin of 4.24%, and the pretax margin is 3.92%.
Best Buy Co. Inc (BBY) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Best Buy Co. Inc stocks. The insider ownership of Best Buy Co. Inc is 7.96%, while institutional ownership is 85.94%. The most recent insider transaction that took place on Dec 11 ’24, was worth 6,048,925. In this transaction SEVP Enterprise Strategy & CFO of this company sold 69,166 shares at a rate of $87.46, taking the stock ownership to the 92,070 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 69,166 for $87.46, making the entire transaction worth $6,048,928.
Best Buy Co. Inc (BBY) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.89% during the next five years compared to 1.77% growth over the previous five years of trading.
Best Buy Co. Inc (NYSE: BBY) Trading Performance Indicators
You can see what Best Buy Co. Inc (BBY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.43. Likewise, its price to free cash flow for the trailing twelve months is 17.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.85, a number that is poised to hit 2.39 in the next quarter and is forecasted to reach 6.62 in one year’s time.
Technical Analysis of Best Buy Co. Inc (BBY)
Best Buy Co. Inc (NYSE: BBY) saw its 5-day average volume 1.9 million, a negative change from its year-to-date volume of 3.07 million. As of the previous 9 days, the stock’s Stochastic %D was 56.13%. Additionally, its Average True Range was 2.56.
During the past 100 days, Best Buy Co. Inc’s (BBY) raw stochastic average was set at 21.60%, which indicates a significant decrease from 29.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.30% in the past 14 days, which was lower than the 32.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.55, while its 200-day Moving Average is $86.61. Nevertheless, the first resistance level for the watch stands at $86.95 in the near term. At $88.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $88.69. If the price goes on to break the first support level at $85.21, it is likely to go to the next support level at $84.56. The third support level lies at $83.47 if the price breaches the second support level.
Best Buy Co. Inc (NYSE: BBY) Key Stats
There are 213,796K outstanding shares of the company, which has a market capitalization of 18.08 billion. As of now, sales total 43,452 M while income totals 1,241 M. Its latest quarter income was 9,445 M while its last quarter net income were 273,000 K.
