Best Buy Co. Inc (NYSE: BBY) is -12.26% lower on its value in year-to-date trading and has touched a low of $54.99 and a high of $103.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BBY stock was last observed hovering at around $70.51 in the last trading session, with the day’s gains setting it 1.73%.
Currently trading at $72.24, the stock is 3.02% and 3.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.91 million and changing 2.45% at the moment leaves the stock -11.10% off its SMA200. BBY registered -15.80% loss for a year compared to 6-month loss of -16.17%. The firm has a 50-day simple moving average (SMA 50) of $69.9088 and a 200-day simple moving average (SMA200) of $81.25965.
The stock witnessed a 2.53% gain in the last 1 month and extending the period to 3 months gives it a 19.52%, and is 7.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.45% over the week and 2.86% over the month.
Best Buy Co. Inc (BBY) has around 85000 employees, a market worth around $15.27B and $41.45B in sales. Current P/E ratio is 17.65 and Fwd P/E is 10.85. Profit margin for the company is 2.13%. Distance from 52-week low is 31.37% and -30.34% from its 52-week high. The company has generated returns on investments over the last 12 months (14.26%).
The EPS is expected to shrink by -3.27% this year.
Best Buy Co. Inc (BBY) Top Institutional Holders
1205.0 institutions hold shares in Best Buy Co. Inc (BBY), with institutional investors hold 95.42% of the company’s shares. The shares outstanding are 211.30M, and float is at 195.42M with Short Float at 6.72%. Institutions hold 88.28% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 23.27 million shares valued at $1.96 billion. The investor’s holdings represent 10.7749% of the BBY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 22.53 million shares valued at $1.9 billion to account for 10.4291 of the shares outstanding. The other top investors are STATE STREET CORP which holds 13.48 million shares representing 6.2405% and valued at over $1.15 billion, while JPMORGAN CHASE & CO holds 3.128 of the shares totaling 6.76 million with a market value of $569.51 million.
Best Buy Co. Inc (BBY) Insider Activity
The most recent transaction is an insider sale by SCHULZE RICHARD M,the company’sChairman Emeritus. SEC filings show that SCHULZE RICHARD M sold 729,201 shares of the company’s common stock on Jun 09 ’25 at a price of $72.95 per share for a total of $53.2 million. Following the sale, the insider now owns 0.2 million shares.
