Best Buy Co. Inc.

Best Buy Co. Inc.

BBY

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Market Cap$15.75B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Best Buy Co. Inc.Best Buy Co. Inc.13.85.11%37%0.41.7

Earnings Call Q2 2025

August 29, 2024 - AI Summary

**Strong Q2 Performance**: Best Buy reported better-than-expected results for Q2, with comparable sales declining only 2.3%, an improvement from the prior quarter's 6.1% decline. The non-GAAP operating income rate was 4.1%, exceeding the guidance of 3.5%, driven by lower-than-expected SG&A expenses. Non-GAAP diluted EPS grew by 10% YoY to $1.34.
**Revised Sales Guidance**: Despite the positive performance, Best Buy updated its annual sales guidance to a decline of 1.5% to 3%, acknowledging ongoing unpredictability in consumer behavior and potential election-related impacts in Q3.
**Opportunities in Key Categories**: Growth was observed in computing and service categories, which the company continues to expect will grow for the year. Best Buy is capitalizing on customer demand for replacement and upgrade products, particularly in laptops, aided by new offerings like Copilot+.

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$75.83

Target Price by Analysts

0.2% downsideBest Buy Inc. Target Price DetailsTarget Price
$66.07

Current Fair Value

13.1% downside

Overvalued by 13.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$15.75 Billion
Enterprise Value$19.20 Billion
Dividend Yield$3.82 (5.11%)
Earnings per Share$5.06
Beta1.33
Outstanding Shares210,400,000

Return

Return on Equity37.07%ROE
Return on Assets7.68%
Return on Invested Capital22.08%

Valuation & Multiples

P/E Ratio13.81P/E Ratio
PEG37.71PEG
Price to Sales0.38Price to Sales
Price to Book Ratio5.43Price to Book Ratio
Enterprise Value to Revenue0.46
Enterprise Value to EBIT12.26
Enterprise Value to Net Income16
Total Debt to Enterprise0.27
Debt to Equity1.69Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
June 4, 2026
EPS Estimate
$1.22
Average shareholder expectation
Revenue Estimate
$8.82 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 27, 2026
EPS Estimate
$1.34
Average shareholder expectation
Revenue Estimate
$9.52 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.7654 26.76%
Total Calls5,596,095 23.70%
Total Puts4,283,336 8.35%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %93.79% 2.45%
Total Invested$12.71B 6.45%
Investors Holding902 58.00%

ESG Score

No data

About Best Buy Co. Inc.

125,000 employees
CEO: Corie Barry

Best Buy is a leading provider of technology products, services and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit ou...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and scoring for all tax legislation. Its work directly influences corporate tax rates, capital investment incentives, and overall tax policy, all of which significantly impact Best Buy's financial results and strategic decisions.

Finance

This committee's control over taxation (corporate and individual), trade policy (tariffs on imported goods), and entitlement spending directly impacts Best Buy's profitability, cost of goods, and consumer purchasing power.

Health, Education, Labor, and Pensions

This committee's jurisdiction over labor laws (e.g., minimum wage, unionization) directly impacts Best Buy's significant workforce costs and human resources policies.

Commerce, Science, and Transportation

This committee's jurisdiction over interstate commerce, consumer protection (FTC), telecommunications (FCC), and data privacy directly impacts Best Buy's product sales, advertising practices, e-commerce operations, and data handling policies.