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Best Buy (BBY)

(Delayed Data from NYSE)

$82.91 USD

82.91
1,398,876

-0.23 (-0.28%)

Updated Aug 14, 2024 04:00 PM ET

After-Market: $82.93 +0.02 (0.02%) 5:14 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

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 F Momentum B 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 6% (15 out of 250)

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.

L Brands (LB) Rallying High on Bourses: Let's Explore Why

L Brands' (LB) Bath & Body Works brand has been doing well. This coupled with cost management efforts have kept the company afloat, amid Victoria Secret's store closures.

Zacks.com featured highlights include: Lam Research, Best Buy, T. Rowe Price, Cadence Design Systems and KLA Corporation

Zacks.com featured highlights include: Lam Research, Best Buy, T. Rowe Price, Cadence Design Systems and KLA Corporation

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.

Hibbett's (HIBB) Q2 Earnings Beat Estimates, Sales Up Y/Y

Hibbett's (HIBB) Q2 results gain from robust e-commerce operations and improved store traffic. Management expects the fiscal third-quarter performance to be fruitful.

Ritujay Ghosh headshot

E-Commerce Aiding Retailers Survive Pandemic: 5 Stocks to Buy

This year is proving to be a game changer for e-commerce not only in the United States but also globally.

3 Reasons Why Best Buy (BBY) Is a Great Growth Stock

Best Buy (BBY) possesses solid growth attributes, which could help it handily outperform the market.

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Top 5 ROE Stocks to Profit From Fed's New Inflation Stance

ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.

Earnings Estimates Moving Higher for Best Buy (BBY): Time to Buy?

Best Buy (BBY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Best Buy (BBY) Upgraded to Strong Buy: Here's Why

Best Buy (BBY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

AAN vs. BBY: Which Stock Should Value Investors Buy Now?

AAN vs. BBY: Which Stock Is the Better Value Option?

DICK'S Sporting (DKS) Beats Earnings & Sales Estimates in Q2

DICK'S Sporting (DKS) posts impressive Q2 results on the back of solid comps and robust e-commerce performance. Also, it has reopened all stores since June-end.

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E-commerce Salvaging Retailers Amid Pandemic: 4 Winners

Online shopping, which till sometime ago accounted for a negligible percentage of total U.S. retail sales, has seen a surge over the past few months.

Bed Bath & Beyond Makes Organizational Changes to Fight Woes

Bed Bath & Beyond (BBBY) is cutting roughly 2,800 jobs as part of its new restructuring effort, which is likely to help combat the adverse impacts of coronavirus.

Best Buy (BBY) Q2 Earnings & Sales Beat Estimates, Up Y/Y

Best Buy's (BBY) Q2 results gain from growth across most categories. However, the company is cautious and expects slowed rate of growth for the third quarter.

Stock Futures Mostly Higher on Trade Talks, Dow's Shake-Up in Focus

This morning, Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer had a telephonic discussion with Chinese vice premier Liu He.

Strong Market Momentum Continues

Strong Market Momentum Continues

Best Buy (BBY) Beats Q2 Earnings and Revenue Estimates

Best Buy (BBY) delivered earnings and revenue surprises of 56.88% and 0.70%, respectively, for the quarter ended July 2020. Do the numbers hold clues to what lies ahead for the stock?

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5 Hot Retail Earnings Charts

The coronavirus pandemic rushed digital innovation in the retail sector. These are some of the winners.

Best Buy, Dollar General and Ulta Beauty are part of Zacks Earnings Preview

Best Buy, Dollar General and Ulta Beauty are part of Zacks Earnings Preview

Pre-Markets Indicate Solid Start to the Week: Will the Rally Last?

If this momentum lasts, Wall Street will continue its rally for the fifth consecutive month. The rally is being supported by better-than-expected economic data.

What's in the Cards for Abercrombie (ANF) in Q2 Earnings?

Abercrombie (ANF) is likely to have seen continued headwinds from higher costs for inventory reduction and lower promotions in Q2. Store reopening and online are likely to have aided.

    Hibbett (HIBB) to Report Q2 Earnings: What is in Store?

    Hibbett's (HIBB) Q2 sales are expected to have gained from pent-up consumer demand, additional government incentives, increasing online shopping and the temporary closure of its rival stores.

      Wall Street Starts Week on Strong Momentum

      Wall Street Starts Week on Strong Momentum

      Factors Likely to Affect Gap (GPS) This Earnings Season

      Gap's (GPS) Q2 performance is likely to have been negatively impacted by declines in in-store sales for all formats and changing consumers preference. Also, dismal margins remain a concern.

        Factors to Watch as Coty (COTY) Gears Up for Q4 Earnings

        Coty's (COTY) fourth-quarter fiscal 2020 results are likely to reflect coronavirus concerns like soft traffic and lower travel. Nonetheless, the e-commerce business has been trending well.