Latest Articles
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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...
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What To Expect From Best Buy’s Fiscal Q1?
Best Buy (NYSE: BBY) is scheduled to announce its fiscal first quarter results on Thursday, May 23. In fiscal 2019, Best Buy’s comparable sales were up 4.8% and its online sales grew 10.5% on a comparable basis, primarily due to higher conv...
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How Did Best Buy Fare In Q4, And What Can We Expect In Fiscal 2020?
Best Buy (NYSE: BBY) announced solid fourth quarter results recently, as both its revenue and earnings per share came in ahead of market expectations. In Q4, Best Buy’s comparable sales were up 3% during the quarter, which topped the consen...
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Can Best Buy Keep Beating Expectations In Q4?
Best Buy (NYSE: BBY) is scheduled to announce its fiscal fourth quarter results on Wednesday, February 27. The retailer’s revenue and earnings per share came in ahead of market expectations so far this year. In the first nine months of fisc...
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Why Has Best Buy’s Share Price Tanked By Nearly 30% Over This Year?
Best Buy’s (NYSE: BBY) revenue and earnings per share came in ahead of market expectations so far this year. In the first nine months of fiscal 2019, the company’s revenue grew 5% year-over-year (y-o-y) to around $28 billion, largely...
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Can Best Buy End Fiscal 2019 On A Strong Note?
Best Buy (NYSE:BBY) announced solid third quarter results recently, as both its revenue and earnings per share came in ahead of market expectations. In Q3, Best Buy’s revenue grew 3% year-over-year (y-o-y) to around $9.6 billion, largely du...
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Can Best Buy Keep Beating Expectations In Q3?
Best Buy (NYSE: BBY) is scheduled to announce its fiscal third quarter results on Tuesday, November 20. The company has had a better-than-expected fiscal year so far, as both its earnings and revenues came in ahead of market expectations for the ...
