Best Buy Co., Inc. (BBY) Stock

About Best Buy Co., Inc.

Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers). Customers can also find smartwatches and various consumer electronics, encompassing digital imaging devices, health and fitness gadgets, home theater systems, portable audio solutions (like headphones and speakers), and smart home products. Beyond electronics, Best Buy also supplies household appliances such as dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. For entertainment, their offerings range from drones, movies, music, and toys to gaming hardware and software, including virtual reality products. Additionally, the company stocks miscellaneous items like baby products, food and beverages, luggage, outdoor living essentials, and sporting goods. In terms of services, Best Buy provides consultation, delivery, design assistance, health-related programs, installation, membership benefits, repair work, product setup, technical support, and warranty services. Products are distributed through both physical stores and online platforms, operating under various brand names including Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird. Their primary online presence is via bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company maintained a network of 1,144 retail locations. Originally established in 1966 as Sound of Music, Inc., the corporation is headquartered in Richfield, Minnesota.

Best Buy Co., Inc. is led by CEO Corie Sue Barry, employs 82,000 people, headquartered in Richfield, US, publicly traded since 1985.

Best Buy Co., Inc. (BBY) stock trades at $89.31 with a market capitalization of $18.82B. The stock is valued at a price-to-earnings (P/E) ratio of 14.41, price-to-book of 5.32, price-to-sales of 0.39. Over the past 52 weeks the stock has ranged between $55.10 and $89.31, and currently trades at its 52-week high. It pays a dividend yielding 4.90%.

On profitability, Best Buy Co., Inc. generates a return on equity (ROE) of 39.10% — well above the market average, a sign of a high-quality business, return on capital employed of 46.86%, an operating margin of 3.40%, a net profit margin of 2.73%.

In its most recent fiscal year, Best Buy Co., Inc. reported annual revenue of $41.7B, net profit of $1.1B, revenue has compounded at -2.5% a year over the last five years, profit at -9.9% a year.

The balance sheet shows a debt-to-equity ratio of 1.34, a current ratio of 1.11, total assets of $14.7B, $1.7B in cash and equivalents.

BBY has an average daily trading volume of 4,117,622 shares, a beta of 1.33 (more volatile than the overall market).

Official website: investors.bestbuy.com/overview/default.aspx