BBY Stock: Best Buy Co., Inc. Stock Price, Analysis & Insights
Get live bby stock price $79.08, comprehensive Best Buy Co., Inc. stock analysis, charts, news, and expert forecast. Real-time bby stock data and investment insights.
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Company Overview
Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.
Company Information
- CEO
- Corie Sue Barry
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Employees
- 85000
Contact Information
- Address
- 7601 Penn Avenue South
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Consumer Cyclical sector with established market position
✓ Growth-oriented company with premium valuation (P/E: 21.8)
✓ Higher growth potential with elevated volatility (Beta: 1.39)
Business Model & Strategy
Best Buy Co., Inc. operates in the Specialty Retail industry, focusing on consumer product sales, retail operations, and discretionary services. Under the leadership of CEO Corie Sue Barry, the company navigates Consumer Cyclical sector dynamics while pursuing growth opportunities. The Specialty Retail model requires brand strength, supply chain efficiency, and consumer engagement to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Best Buy Co., Inc. competes in the Specialty Retail within the broader Consumer Cyclical. With 16.6 billion in market capitalization, the company is positioned as a established player in its sector. The Consumer Cyclical is characterized by economic sensitivity, consumer trends, and competitive intensity. As a publicly traded company on the New York Stock Exchange, Best Buy Co., Inc. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Best Buy Co., Inc. should consider industry-specific trends, competitive positioning, and Consumer Cyclical sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Best Buy Co., Inc. shareholders
- ⚠Market volatility can significantly impact stock price, especially for mid-cap stocks
- ⚠Sector-specific risks in Consumer Cyclical may affect company performance
- ⚠Past performance does not guarantee future results for Best Buy Co., Inc.
- ⚠Investors should consider how Best Buy Co., Inc. fits within their overall portfolio allocation
Market Cap
16.61B
P/E Ratio
21.79
Beta
1.39
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Consumer Cyclical leader with 16.61B market capitalization
- Trading Volume: 1.14M shares traded today
- Price Range: 52-week range of $54.99 - $95.49
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Best Buy Co., Inc.
Best Buy Co., Inc. (BBY) operates in the Specialty Retail industry within the Consumer Cyclical sector. With a current market capitalization of 16.61B, the company represents a significant player in its market. The stock is currently trading at $79.08 with a negativedaily change of 2.23%.
The company's 85000 employee base and presence on the New York Stock Exchangeexchange position it as a Consumer Cyclical sector leader. Investors should consider the stock's P/E ratio of 21.79, beta of 1.39, and 52-week price range from $54.99 to $95.49when evaluating investment opportunities.
Why Invest in Best Buy Co., Inc.?
Strengths
- • Established market presence in Consumer Cyclical
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Corie Sue Barry
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Consumer Cyclical Stocks
About Consumer Cyclical Sector
The Consumer Cyclical sector includes companies that sell non-essential goods and services that consumers purchase when they have disposable income.