Best Buy Co. Inc (NYSE: BBY) is -22.51% 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 $68.87 in the last trading session, with the day’s loss setting it -2.02%.
Currently trading at $66.85, the stock is -4.05% and -4.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.29 million and changing -2.93% at the moment leaves the stock -16.89% off its SMA200. BBY registered -22.09% loss for a year compared to 6-month loss of -20.71%. The firm has a 50-day simple moving average (SMA 50) of $70.316 and a 200-day simple moving average (SMA200) of $80.7408.
The stock witnessed a -3.95% gain in the last 1 month and extending the period to 3 months gives it a 8.24%, and is -7.74% down 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 3.23% over the week and 2.87% over the month.
Best Buy Co. Inc (BBY) has around 85000 employees, a market worth around $14.13B and $41.45B in sales. Current P/E ratio is 16.34 and Fwd P/E is 10.06. Profit margin for the company is 2.13%. Distance from 52-week low is 21.57% and -35.54% 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 -3.28% this year
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 6.95%. 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’s Chairman 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.
