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Best Buy (BBY)

(Delayed Data from NYSE)

$74.43 USD

74.43
3,494,652

-0.61 (-0.81%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $74.43 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value A Growth D Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 6% (238 out of 252)

Industry: Retail - Consumer Electronics

Better trading starts here.

Zacks News

Incorporated in 1966 and headquartered in Richfield, MN, Best Buy Company Inc. (BBY) is a multinational specialty retailer of consumer electronics, home office products, entertainment software, communication, food preparation, wellness, heath, security, appliances and related services. The company operates in the United States, Canada and Mexico. Both segments are engaged in the development of merchandise and service offerings, supply chain and procurement, pricing and promotions, online and mobile operations along with marketing and advertisements on omnichannel platforms.

Best Buy (BBY) Stock Falls Amid Market Uptick: What Investors Need to Know

In the latest trading session, Best Buy (BBY) closed at $75.04, marking a -0.11% move from the previous day.

Best Buy (BBY) Rides on Membership Program, Health Services

Best Buy's (BBY) strategic initiatives and operational efficiency enable it to excel in a tough market, setting the stage for sustained growth and enhanced competitiveness in the retail sector.

Best Buy (BBY) Stock Dips While Market Gains: Key Facts

Best Buy (BBY) concluded the recent trading session at $75.12, signifying a -1.35% move from its prior day's close.

Best Buy (BBY) Stock Drops Despite Market Gains: Important Facts to Note

Best Buy (BBY) concluded the recent trading session at $75.17, signifying a -1.47% move from its prior day's close.

Best Buy (BBY) Unites With Google Cloud for AI-Powered Service

Best Buy (BBY) collaborates with Google Cloud and Accenture to launch gen AI-driven customer and employee support services, enhancing efficiency and personalization.

Best Buy (BBY) Gains on Efforts to Enhance Customer Experience

Best Buy (BBY) boosts customer experience with digital upgrades and health tech partnerships. Its growing membership program and strategic adjustments address market challenges.

Company News for Mar 1, 2024

Companies in The News Are:BBY,EVRG,PZZA,CRM

Best Buy (BBY) Q4 Earnings Beat Estimates, Sales Dip Y/Y

Best Buy's (BBY) Q4 comparable sales decline 4.8% y/y. Notably, this figure is narrower than the 9.3% decline reported in the year-ago quarter.

PCE Data Shows Surge in Consumer Spending

PCE Data Shows Surge in Consumer Spending

Mark Vickery headshot

Pre-Markets Enjoy PCE Report; Jobless Claims Rise

PCE numbers suggest that the consumer appetite is cooling a bit, but perhaps in a responsible way.

Best Buy (BBY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended January 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Best Buy (BBY) Q4 Earnings and Revenues Beat Estimates

Best Buy (BBY) delivered earnings and revenue surprises of 8.37% and 0.89%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?

Why Best Buy (BBY) Might Surprise This Earnings Season

Best Buy (BBY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Here's Why Best Buy (BBY) Looks Poised for Earnings Beat in Q4

Best Buy (BBY) Q4 performance is likely to have been impacted by macroeconomic factors. Initiatives like omnichannel services and the Totaltech program are likely to have aided engagement and margins.

What to Look for in Crescent Point's (CPG) Q4 Earnings?

Lower price realizations and an upward cost trajectory are likely to have dented Crescent Point Energy's (CPG) fourth-quarter results.

Insights Into Best Buy (BBY) Q4: Wall Street Projections for Key Metrics

Beyond analysts' top -and-bottom-line estimates for Best Buy (BBY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2024.

Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

What Will Global Partners' (GLP) Q4 Earnings Unveil?

Global Partners LP (GLP) beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two.

Are Investors Undervaluing Best Buy (BBY) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Best Buy (BBY) Expected to Beat Earnings Estimates: Should You Buy?

Best Buy (BBY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Best Buy (BBY) is Poised to Beat Earnings Estimates Again

Best Buy (BBY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Best Buy (BBY) Moves to Buy: Rationale Behind the Upgrade

Best Buy (BBY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Can Cheniere (LNG) Pull Off a Strong Show in Q4 Earnings?

Robust export volumes and lower costs are likely to have boosted Cheniere Energy's (LNG) profit levels in the fourth quarter.

How to Find Strong Retail and Wholesale Stocks Slated for Positive Earnings Surprises

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Factors to Note Ahead of Coterra Energy's (CTRA) Q4 Earnings

Coterra Energy (CTRA) beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 111.8%, on average.