Best Buy BBY
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Best Buy (BBY) Business Model and Operations Summary
With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American market and north of 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Key Insights
Best Buy (BBY) Core Market Data and Business Metrics
Latest Closing Price
$75.73Market Cap
$15.76 BillionPrice-Earnings Ratio
17.69Total Outstanding Shares
211.37 Million SharesTotal Employees
85,000Dividend
$0.95 Per Share QuarterlyIPO Date
July 20, 1987SIC Description
Retail-radio, Tv & Consumer Electronics StoresPrimary Exchange
New York Stock ExchangeHeadquarters
7601 Penn Ave South, Richfield, MN, 55423
Historical Stock Splits
If you bought 1 share of BBY before August 4, 2005, you'd have 1.50 shares today.
| Execution Date | Split Amount |
|---|---|
| August 4, 2005 | 1.5-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 5,149,573 Shares | 2.73 | 3/14/2025 | 14,056,966 Shares |
| 2,898,894 Shares | 5.31 | 2/28/2025 | 15,394,308 Shares |
| 2,433,799 Shares | 6.78 | 2/14/2025 | 16,492,257 Shares |
| 2,379,400 Shares | 5.76 | 1/31/2025 | 13,704,853 Shares |
| 2,374,908 Shares | 6.03 | 1/15/2025 | 14,330,424 Shares |
| 2,774,862 Shares | 4.53 | 12/31/2024 | 12,560,966 Shares |
Cash Flow Statement
February 4, 2024 to February 1, 2025
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $-1.31 Billion |
| Exchange Gains/Losses | $-10 Million |
| Net Cash Flow From Investing Activities, Continuing | $-704 Million |
| Net Cash Flow From Operating Activities | $2.10 Billion |
| Net Cash Flow From Financing Activities | $-1.31 Billion |
| Net Cash Flow | $75 Million |
Income Statement
February 4, 2024 to February 1, 2025
| Metric | Value |
|---|---|
| Operating Income/Loss | $1.26 Billion |
| Income/Loss From Continuing Operations After Tax | $923 Million |
| Income Tax Expense/Benefit, Deferred | $-59 Million |
| Diluted Earnings Per Share | $4.28 |
| Income/Loss From Continuing Operations Before Tax | $1.29 Billion |
| Basic Earnings Per Share | $4.31 |
Comprehensive Income
February 4, 2024 to February 1, 2025
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $910 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $910 Million |
| Other Comprehensive Income/Loss | $910 Million |
Balance Sheet
February 4, 2024 to February 1, 2025
| Metric | Value |
|---|---|
| Current Assets | $8.22 Billion |
| Equity Attributable To Parent | $2.81 Billion |
| Other Non-current Liabilities | $2.80 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Liabilities | $11.97 Billion |
| Fixed Assets | $2.12 Billion |
Historical Dividends
Current dividend: $0.95 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 4, 2025 | Apr 15, 2025 | Mar 25, 2025 | $0.95 | Quarterly |
| Nov 26, 2024 | Jan 7, 2025 | Dec 17, 2024 | $0.94 | Quarterly |
| Aug 29, 2024 | Oct 10, 2024 | Sep 19, 2024 | $0.94 | Quarterly |
| May 30, 2024 | Jul 11, 2024 | Jun 20, 2024 | $0.94 | Quarterly |
| Feb 29, 2024 | Apr 11, 2024 | Mar 21, 2024 | $0.94 | Quarterly |
| Nov 21, 2023 | Jan 2, 2024 | Dec 12, 2023 | $0.92 | Quarterly |