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Best Buy (BBY)

(Real Time Quote from BATS)

$99.56 USD

99.56
2,455,281

-0.62 (-0.62%)

Updated Aug 30, 2024 02:26 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 C Growth C 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

Top 38% (95 out of 251)

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.

Earnings Beat & Raised EPS Guidance Propel Best Buy Stock Higher

BBY's second-quarter results reflect year-over-year bottom-line growth. Revenues, however, decline across Domestic and International segments.

Jobless Claims Tick in Low, But Higher Than Expected

Jobless Claims Tick in Low, But Higher Than Expected.

Mark Vickery headshot

Jobless Claims, Q2 GDP Up Slightly; Q2 Earnings from BBY, DG, MBUU

Weekly Jobless Claims, a revision to Q2 GDP, Retail/Wholesale Inventories and the latest Advances Trade Balance join a flurry of late Q2 earnings reports ahead of today's opening bell.

Here's What Key Metrics Tell Us About Best Buy (BBY) Q2 Earnings

The headline numbers for Best Buy (BBY) give insight into how the company performed in the quarter ended July 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) Surpasses Q2 Earnings and Revenue Estimates

Best Buy (BBY) delivered earnings and revenue surprises of 16.52% and 0.63%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

Durable Goods Orders Increase Highest Since May 2020

Durable Goods Orders Increase Highest Since May 2020.

Mark Vickery headshot

Pre-Markets Mixed Ahead of Monday's Bell

We begin a new week of trading on a relatively even keel. Pre-market futures are pretty flat.

Ahead of Best Buy (BBY) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Evaluate the expected performance of Best Buy (BBY) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Nvidia, Salesforce, Lululemon and Best Buy are part of Zacks Earnings Preview

Nvidia, Salesforce, Lululemon and Best Buy have been highlighted in this Earnings Preview article.

Sheraz Mian headshot

A Closer Look at Retail and Nvidia Earnings

Nvidia has established itself as a true leader of the coming artificial intelligence (AI) economy, with its next set of results scheduled to come after the market's close on Wednesday, August 28th. What can investors expect?

Analysts Estimate Best Buy (BBY) to Report a Decline in Earnings: What to Look Out for

Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Should Invesco Bloomberg Pricing Power ETF (POWA) Be on Your Investing Radar?

Style Box ETF report for POWA

Tirthankar Chakraborty headshot

3 Stocks to Play the Rebound in Retail Sales: BBY, EAT, CARS

An unparalleled increase in consumer outlays bolstered retail sales in July. This calls for investing in stocks such as Best Buy (BBY), Brinker International (EAT) and Cars.com (CARS).

Sanghamitra Saha headshot

Retail Sales Gains in July: ETFs & Stocks to Play

Retail sales in the United States inched up 1% sequentially in July 2024.

The Zacks Analyst Blog Highlights Walmart, Amazon.com, Best Buy and Target

Walmart, Amazon.com, Best Buy and Target are part of the Zacks top Analyst Blog.

Tirthankar Chakraborty headshot

Walmart Share Price on Upswing Before Q2 Earnings: Time to Buy?

From a technical perspective, Walmart (WMT) is looking like an interesting pick as it recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Expedia (EXPE) Q2 Earnings & Revenues Beat Estimates, Rise Y/Y

Expedia's (EXPE) second-quarter 2024 results reflect solid momentum across B2B, Brand Expedia and Advertising.

Booking Holdings (BKNG) Q2 Earnings & Revenues Beat, Rise Y/Y

Booking Holdings' (BKNG) second-quarter results reflect strength in its merchant business.

Amazon (AMZN) Q2 Earnings Beat Estimates, Sales Rise Y/Y

Amazon's (AMZN) second-quarter results benefit from a solid momentum in AWS. Strength in Prime contributes well.

MercadoLibre's (MELI) Q2 Earnings & Revenues Beat, Up Y/Y

MercadoLibre's (MELI) second-quarter 2024 results benefit from increasing total payments volume, courtesy of the robust Mercado Pago.

Wayfair (W) Q2 Earnings Miss Estimates, Revenues Down Y/Y

Wayfair's (W) second-quarter 2024 results reflect sluggishness across the United States region and lower net revenues per active customer.

Why Fast-paced Mover Best Buy (BBY) Is a Great Choice for Value Investors

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Best Buy (BBY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

EBAY's Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y

EBAY's second-quarter 2024 results benefit from strength in its advertising business.

Zacks.com featured highlights Best Buy, AES, Lockheed Martin, PulteGroup and Banco de Chile

Best Buy, AES, Lockheed Martin, PulteGroup and Banco de Chile have been highlighted in this Screen of The Week article.

Match Group (MTCH) Q2 Earnings Meet Estimates, Revenues Up Y/Y

Match Group's (MTCH) second-quarter results benefit from strength in Tinder and Hinge despite sluggish growth in total payers.