BBY - Best Buy Co., Inc.
| Previous Close | 66.63 |
| Open | 66.94 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 1300 |
| Day's Range | 66.72 - 69.27 |
| 52 Week Range | 47.72 - 84.37 |
| Volume | 3,447,369 |
| Avg. Volume | 2,895,946 |
| Market Cap | 18.333B |
| Beta (3Y Monthly) | 1.57 |
| PE Ratio (TTM) | 12.50 |
| EPS (TTM) | 5.49 |
| Earnings Date | Aug 26, 2019 - Aug 30, 2019 |
| Forward Dividend & Yield | 2.00 (2.91%) |
| Ex-Dividend Date | 2019-06-12 |
| 1y Target Est | 76.58 |
- Yahoo Finance Video•18 hours ago
Best Buy to sell at-home exercise machines, including Flywheel bikes
Best Buy announced today that the company would start selling a collection of at-home exercise machines such as Flywheel bikes. Customers can buy the collection online starting today. Yahoo Finance's Zack Guzman and Heidi Chung are joined by Kaley Roshitsh, Women’s Wear Daily business reporter, to discuss.
- MarketWatch•19 hours ago
Here’s who America’s CEOs are backing in the Democratic presidential race
It’s still early days in the race to become the Democratic Party’s 2020 presidential nominee, but a few CEOs of S&P 500 companies already have been voting with their wallets.
- American City Business Journals•19 hours ago
Best Buy sees room to run in high-tech home fitness
Best Buy announced Tuesday a new collection of high-tech fitness products, from recovery-promoting massage balls to bikes and treadmills that virtually connect users with fitness trainers. The company says the suite of new products is part of its mission to help customers use technology to live healthier lives.
- Barrons.com•20 hours ago
Best Buy and Lululemon Stock Get a Power Boost From Fitness Trend
(LULU) (ticker: LULU), recently up 1.7% to $186.47 (ahead of the S&P 500’s 1.1% gain), launched a line of self-care products—including a shampoo and deodorant—targeting male and female athletes. Meanwhile, electronics retailer (BBY) (BBY), recently up 3.0% to $68.62, got a lift from news that it would begin selling “connected fitness products,” including Flywheel indoor cycles and Hydrow rowing machines. “There’s a growing intersection between fitness and technology, and no one knows tech like we do,” a Best Buy executive said in a statement.
- MarketWatch•20 hours ago
Best Buy launches line of connected fitness products
Best Buy Co Inc. announced Tuesday that it has launched a line of connected fitness products, including bikes and rowing machines. The collection comes via collaboration with companies like Flywheel Sports, Hydrow, and NordicTrack. Items are available online now and will be on sale in a dedicated space for fitness items that will be in 100 stores by the end of the year. Best Buy stock is up 3.4% in Tuesday trading and has rallied more than 30% for the year to date. The S&P 500 index is up 16.5% for the period.
- InvestorPlace•20 hours ago
Exercise Equipment at Best Buy? Retailer to Sell ‘Smart’ Gym Equipment
Best Buy (NYSE:BBY) is selling high-end exercise equipment that will provide you with a smart workout experience that includes virtual cycling classes.Source: Shutterstock The U.S. retailer announced on Tuesday that it will begin selling Flywheel stationary bikes with virtual cycling classes for $2,000, as well as other options such as Hydrow rowing machines that will give rowers virtual views of Miami and New York. They can also get NordicTrack treadmills that offer interactive coaching."Consumers want the benefits of boutique exercise clubs in the convenience of their homes," Josh Will, who is in charge of Best Buy's health assortment, told CNN Business in an interview. "They're looking for a shortcut. We call it the 'fitness hack.'"The equipment can now be found online and it will be added to dedicated sections at more than 100 stores by the end of the year, marking the company's first notable step in the fitness space. The retailer announced that it will also offer vibrating massage balls, rollers, as well as compression boots like the ones pro athletes use to recover after games.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe move is part of a broader effort from Best Buy to expand its selection beyond TVs and laptops in the tech space, which they'll do with exercise, sleep and health options.BBY stock is up about 3.5% on Tuesday following the news. More From InvestorPlace * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 5 Stocks to Buy for $20 or Less Compare Brokers The post Exercise Equipment at Best Buy? Retailer to Sell 'Smart' Gym Equipment appeared first on InvestorPlace.
- Zacks•23 hours ago
Is Best Buy Co. (BBY) Outperforming Other Retail-Wholesale Stocks This Year?
Is (BBY) Outperforming Other Retail-Wholesale Stocks This Year?
- Markit•yesterday
See what the IHS Markit Score report has to say about Best Buy Co Inc.
Best Buy Co Inc NYSE:BBYView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for BBY with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BBY are favorable, with net inflows of $10.32 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. BBY credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Business Wire•yesterday
Best Buy Debuts Collection of Connected Fitness Products to Help Consumers Use Technology for Healthier Lives
The new collection – the latest example of the company’s growing commitment to health – includes innovative equipment like connected rowing machines, studio bikes, recovery systems and more. Today, Best Buy announced a new collection of connected fitness products from some of the world’s most innovative exercise companies including Flywheel Sports, NormaTec, Hyperice, Hydrow and NordicTrack.
- Financial Times•2 days ago
US business urges Trump to end China trade war
Washington’s most powerful business group is urging the Trump administration to end its trade war with China, saying that its tariffs risk costing the US economy $1tn over the next decade. In a strongly worded submission to the Office of the US Trade Representative, the US Chamber of Commerce calls for a reversal of tariffs imposed over the past two years and says proposed tariffs on a further $300bn of Chinese imports would “dramatically expand the harm already done” to US consumers, workers and companies. President Donald Trump’s trade strategy has forced many companies to raise prices and reroute their supply chains, fraying relations with a business community that had welcomed his agenda of corporate tax cuts and deregulation.
- Simply Wall St.•4 days ago
Do Best Buy's (NYSE:BBY) Earnings Warrant Your Attention?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Motley Fool•4 days agoMacy's Stock Could Be the Next Best Buy
The retailer is pursuing a turnaround strategy like the one that drove a remarkable comeback at Best Buy over the past seven years.
- Yahoo Finance•6 days ago
Google, Microsoft could disrupt the entire video game industry
The video game industry is showing off the biggest and fanciest toys at the Electronic Entertainment Expo.
- InvestorPlace•6 days ago
Samsung Galaxy Fold Orders Canceled Over Technical Issues
News of Samsung Galaxy Fold orders canceled is spreading after a delay to its release date.Source: Samsung The recent news has wireless company AT&T (NYSE:T) canceling the preorders made by its customers for the smartphone. According to AT&T, customers will be allowed to preorder the Galaxy Fold again once a new release date is announced by Samsung.Samsung Galaxy Fold orders canceled comes after issues with the device were discovered by early reviewers. This includes it breaking after only a few days of use. Samsung delayed the release date on the news, but hasn't announced when the device will be coming out.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLuckily, AT&T customers that have preordered the Samsung Galaxy Fold will receive a full refund. They will also be given a $100 AT&T promotion card to help make up for the issue.Samsung Galaxy Fold orders cancelled news doesn't just come from AT&T. Best Buy (NYSE:BBY) also canceled preorder as well. Even Samsung is canceling preorders of the device in light of the recent issues, reports The Verge. * 7 High-Quality Cheap Stocks to Buy With $10 So when exactly can customers expect the Samsung Galaxy Fold to come out? We really don't know. Samsung said in late April that it would announced a new release date in the "coming weeks." However, that is a large window for it to make an announcement. If things don't go well with resolving the issues the device has, we might now see it come out until late this year. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Samsung Galaxy Fold Orders Canceled Over Technical Issues appeared first on InvestorPlace.
- Zacks•6 days ago
Zacks.com featured highlights include: ABM, Commercial Metals, Best Buy, C&J Energy and Dick's
Zacks.com featured highlights include: ABM, Commercial Metals, Best Buy, C&J Energy and Dick's
- Zacks•7 days ago
Recent Analyst Upgrades Add Luster to These 5 Stocks
Broker advice is highly sought after by investors in their quest to design a portfolio of stocks that will fetch handsome returns.
- American City Business Journals•8 days ago
Best Buy's Corie Barry ascends to CEO post
Corie Barry officially assumed the role of CEO for Best Buy Co., Inc. on Tuesday. The former CFO's move to the helm of the Richfield-based electronics retailer follows the April 15 announcement that former CEO Hubert Joly was stepping down and that the Board of Directors had elected Barry to take his place.
- American City Business Journals•8 days ago
Target expands family-focused benefits amid tight labor market
Target Corp. announced new and extended employee benefits Monday - these include expanded paid family leave, greater "backup care" offerings for unexpected family care needs and higher reimbursement for employees' adoption or surrogacy fees.
Motley Fool•10 days agoSears Hometown Will Rejoin the Shrinking Sears Empire
After parting ways in 2012, Sears and the small-town Sears Hometown chain will be under one corporate roof again by the end of 2019.
- Insider Monkey•12 days ago
Is Best Buy Co., Inc. (BBY) A Good Stock To Buy?
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
- Zacks•12 days ago
AutoZone (AZO) Hits 52-Week High, Can the Run Continue?
AutoZone (AZO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Motley Fool•12 days ago
Why Best Buy Stock Dropped 15.8% in May
Tariffs muted the electronics retailer's relative outperformance to start the year. Here's what investors need to know.
- InvestorPlace•13 days ago
Trade of the Day: Best Buy Stock Is on Slippery Slopes
Electronics and appliance retailer Best Buy (NYSE:BBY) has experienced some turbulence lately, which has put BBY stock off its year-to-date highs. But that recent struggle leads us to a promising opportunity in BBY.Source: Best BuyI still remember the days in high school when an exciting Saturday morning activity was strolling through electronics retailers like Circuit City (out of business now for years) and Best Buy. Nowadays, while I still enjoy visiting Best Buy to get my hands on some electronics and gadgets, I find that online research and ordering have become my preferred way to purchase electronics.Not to state the obvious, but I obviously am not alone in this trend. The structural demise of the classic retailer (electronics or otherwise) will, in my eye, continue to keep a lid on stock prices of companies like Best Buy. To be clear, that is not to say they have to go out of business, but I don't see how Best Buy will become a sexy growth story again anytime soon.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Reasons Stock Buybacks Should Be Illegal BBY Stock Charts Click to EnlargeMoving on to the charts we see that on the multi-year weekly chart Best Buy stock has mostly traded in a well-defined range. In 2018, the stock overshot the range, which ultimately led to a break back into the trading range where, by late December 2018, the lower area of the range was revisited. Mean-reversion is a powerful thing in markets.The rally off the late 2018 lows then pushed BBY stock right back to the upper end of said trading range, where it promptly got rejected yet again and has been pushing lower since April. In my eye, the path of least resistance is lower toward the low end of the trading range. Click to EnlargeOn the daily chart, we see that since BBY stock got rejected at the upper end of the trading range in April, it has fallen about 17%, slicing through its intermediate-term moving averages, which now act as a layer of technical resistance above.Even the broader stock market rally of the past couple of days couldn't lift BBY stock, which is why I think it's trading short here around the $63 area, with downside target at $59 and a stop loss at $67.Get FREE ACCESS to Serge's renowned Stock Market Scanner with actionable trade ideas. Get it HERE. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding Compare Brokers The post Trade of the Day: Best Buy Stock Is on Slippery Slopes appeared first on InvestorPlace.
