PEG perhaps more useful shows that Best Buy Co., Inc. has a value for PEG of 1.29. Fny Partners Fund Lp now owns 110 shares with a value of $5,000. Advisory Services Network LLC bought a new position in Best Buy Co. during the first quarter valued at about $134,000.
According to WSJ three month ago research; the Company remained on "Buy" beliefs from 7. CENTRAL TRUST Co now owns 5,310 shares of the technology retailer's stock valued at $304,000 after buying an additional 100 shares during the last quarter. Intrust Bank NA now owns 4,998 shares of the technology retailer's stock valued at $246,000 after buying an additional 216 shares during the last quarter. Dalton Greiner Hartman Maher & Co. now owns 6,078 shares of the technology retailer's stock valued at $299,000 after buying an additional 248 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in Best Buy Co.by 508.5% in the second quarter. Vanguard Group Inc. now owns 32,613,654 shares of the technology retailer's stock worth $1,602,962,000 after buying an additional 1,241,888 shares in the last quarter.
Institutional investors own 93.92% of the company's stock. Best Buy, has a 1 year low of $30.69 and a 1 year high of $61.95. "(NYSE:BBY) Stake Raised by Public Employees Retirement System of Ohio" was published by Sports Perspectives and is owned by of Sports Perspectives. If the market is performing well and the stock is over-valued, BBY might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. The Market Capitalization of the company stands at 16.58 Billion. On a different note, the stock is -3.58% below its 50-day moving average, providing a measure of support for short positions. The technology retailer posted $0.60 EPS for the period, reaching the average forecast of $0.40 by $0.20. the business reported sales of $8.53 B for the period end, compared to the average forecast of $8.28 B. Best Buy had a ROE of 26.81% and a net profit margin of 3.01%. (NYSE:BBY) last announced its quarterly earnings results on Thursday, May 25th. The technology retailer reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.20. Revenue for the quarter also killed consensus, coming in at $8.53 Billion, compared to the consensus of 8.28 Billion. During the same quarter in the prior year, the company earned $0.44 EPS. BBY generated revenue of $8.73 Billion in the same quarter, one year ago. On average, equities analysts anticipate that Best Buy Co. will post $3.90 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 6th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date was Tuesday, June 13th. The stock of Best Buy Co Inc (NYSE:BBY) has "Sell" rating given on Tuesday, November 8 by Evercore.
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WARNING: "Traders Buy Large Volume of Put Options on Best Buy Co".
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Analyst research firms are expressing bullish stance on Best Buy Co., Inc. (NYSE:BBY) is up 25.89%, compared with a gain of almost 13.03% for 3 months and about -5.51% for the past 30 days. Loop Capital reaffirmed a "buy" rating and issued a $58.00 price objective on shares of Best Buy Co.in a research report on Tuesday, April 4th. Finally, Barclays PLC reaffirmed a "buy" rating and issued a $65.00 target price on shares of Best Buy Co.in a research note on Friday, May 26th. ValuEngine cut shares of Best Buy Co. from a "buy" rating to a "hold" rating in a report on Friday, May 26th. Do investors think to respond accordingly to new analyst's rating and change a position based on the analyst's rating opinion without any further research? The company presently has a consensus rating of "Buy" and a consensus price target of $55.69. 768,823 shares of the company traded hands. The stock was sold at an average price of $51.02, for a total value of $379,945.94. Following the completion of the sale, the insider now directly owns 82,440 shares of the company's stock, valued at $4,588,610.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also Executive Asheesh Saksena unloaded 18,706 stocks of the firm's shares in a trade dated Wed, Jun 14th. The stock was sold at an average price of $60.43, for a total transaction of $880,344.24.
The Relative Volume of the company is 1.19 and Average Volume (3 months) is 4.35 million. The disclosure for this sale can be found here. Following the transaction, the general counsel now directly owns 89,306 shares of the company's stock, valued at $5,269,947.06. The Firm offers services and products to the clients visiting its stores, engaging with Geek Squad agents, or using its Websites or mobile applications.