Latest Articles
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Which Stocks Can Offer Better Returns Compared To Best Buy?
We believe that there are two specialty retail stocks that are currently better valued than Best Buy (NYSE: BBY) . BBY’s current price to operating income ratio (P/EBIT) of 29x is much higher than levels of under 20x for Lithia Motors (LAD)...
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Will the Gains Continue For Best Buy Stock?
Best B uy (NYSE: BBY), a specialty retailer of consumer electronics, home-office products, entertainment software, appliances, and related services, has more than doubled from the March 2020 lows of around $52 (when broader markets made a bottom ...
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Best Buy’s Stock To Rebound After A 12% Drop In Five Days?
Best Buy’s (NYSE: BBY) stock, a specialty retailer of consumer electronics, home-office products, entertainment software, appliances, and related services, has declined by almost 12% over the last five trading days and currently stands at a...
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What To Expect From Best Buy’s Stock Post Q4 Release?
Best B uy (NYSE: BBY), a specialty retailer of consumer electronics, home-office products, entertainment software, appliances, and related services, is scheduled to report its fiscal fourth-quarter results on Thursday, February 25. We expect the ...
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Best Buy’s Stock To Likely Trade Higher Post Fiscal Q3 Earnings
Best Buy (NYSE: BBY) is scheduled to report its fiscal third-quarter results on Tuesday, November 24. We expect the consumer electronics retailer to likely beat the revenue and earnings expectations, driven by a major sales boost from the work fr...
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Best Buy’s Stock Still Attractive At $118?
Best Buy’s (NYSE: BBY) stock is up around 35% to around $118 levels year-to-date, compared to a 9% growth for the broader S&P 500. The retailer’s stock grew despite a 1% decline in revenues in the last 2 quarters. While Best Buy h...
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Can Best Buy Survive The Amazon Threat?
Best Buy’s stock (NYSE: BBY) has grown by a strong 113% (as of September 10) since the coronavirus low on March 23, pushing its market value close to $28 billion. Over the same time, Amazon’s stock (NASDAQ: AMZN) has gained about 70%...
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Why Is Best Buy’s Stock Up Over 90% Since 2017, Despite Only A Small Revenue Jump?
Best Buy stock (NYSE: BBY) has gained a large 93% in the last 3 years or so (as of May 26). What’s surprising is that its revenues have increased by only 11% between fiscal 2017 and 2020 (year ended January 2020). The large stock price gain...
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Buy, Sell, Or Hold Best Buy At $74?
Best Buy’s (NYSE: BBY) stock declined almost 15% from $87 levels at the beginning of this year to $74 levels (as of May 4th), compared to a 13% decline for the broader S&P 500. While Best Buy has underperformed the broader markets, we b...
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Could Best Buy’s Stock Rise Over 25% Post Covid-19 Crisis?
Comparing the trend in Best Buy ‘s (NYSE: BBY) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 25% once fears surrounding the coronavirus outbreak sub...
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Can Best Buy Online Power the Stock Despite Coronavirus?
Best Buy ‘s (NYSE: BBY) e-commerce sales could likely grow from $6 billion in 2017 (fiscal 2018) to around $8.7 billion in 2020 (fiscal 2021). While the coronavirus outbreak is likely to dampen sales growth in the near term, the electronics...
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Is Best Buy’s Stock Fairly Priced?
Best Buy ‘s (NYSE: BBY) stock price has fluctuated between $53 and $89 since the beginning of 2019. We have maintained our long-term price estimate for Best Buy at $83, which is around 6% below the current market price. We have summarized...
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How Much Does Best Buy Spend On Selling, General And Administrative Expenses?
Best Buy (NYSE: BBY) spent $8 billion on Selling, General and Administrative expenses in FY 2019 (ended January 2019) which was 18.7% of Total Revenues. Trefis estimates the expense to be around 17.7% of Total Revenue in 2020 (ended January 2020...
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Is Best Buy Overvalued?
No, Best Buy (NYSE: BBY), doesn’t look overvalued. As per Trefis, the price estimate of Best Buy’s stock is $76, which is similar to its current market price. Best Buy provides products and services to their customers that address ke...
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Domestic Segment Pushing Revenue Growth For Best Buy
Best Buy (NYSE: BBY), whose stock is currently trading at around $67.50, generates its revenue primarily from its Domestic segment which is projected to account for 91.8% of total revenues in 2020 (ended January 2020), while the International seg...
