|Bid||99.90 x 900|
|Ask||100.00 x 800|
|Day's range||99.75 - 100.72|
|52-week range||48.11 - 100.72|
|Beta (5Y monthly)||1.48|
|PE ratio (TTM)||18.61|
|Earnings date||25 Aug 2020|
|Forward dividend & yield||2.20 (2.21%)|
|Ex-dividend date||10 Jun 2020|
|1y target est||98.59|
The list of retailers saying they will close this Thanksgiving is piling up.
Best Buy, Groupon, Fortinet, Check Point Software Technologies and Zix highlighted as Zacks Bull and Bear of the Day
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) 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.
What happened Shares of Best Buy (NYSE: BBY) were moving higher today after the electronics retailer issued a surprising sales update, saying that revenue was actually higher quarter to date through July 18.
Robust consumer demand has boosted Best Buy's (BBY) second-quarter-to-date sales performance. It also announces the starting hourly wage to $15 for its entire domestic staff.
Special-purpose acquisition companies have taken the spotlight lately, and today, Bill Ackman and his Pershing Square hedge fund did an initial public offering of his SPAC. Meanwhile, earnings season continued, and both HCA Healthcare (NYSE: HCA) and Best Buy (NYSE: BBY) made shareholders happy with their respective results. The Ackman SPAC, dubbed Pershing Square Tontine Holdings (NYSE: PSTH.U), came public and began trading Wednesday morning.
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.
Best Buy (NYSE: BBY) is growing again. The consumer electronics retailer said on Tuesday evening that the business has returned to revenue gains as of mid-July after sales slumped during COVID-19 closures in March, April, and May. In a sales update, Best Buy revealed that revenue is up 2.5% so far in the fiscal second quarter that started on May 3.
Best Buy Co., Inc. (NYSE: BBY) today announced updates related to employee pay evolution and Q2 FY21 quarter-to-date sales performance.
A wave of major businesses are trying to quash a wave of coronavirus transmission by requiring masks at their locations.
The public is battling the coronavirus pandemic, which caused governments to issue stay-at-home orders, and a resurgence of cases has many states pausing or rolling back reopening plans. Let's review a couple of retailers that should do well and reward shareholders with stock prices that should follow. Best Buy (NYSE: BBY) adjusted its business in the middle of its fiscal first quarter 2021 (covering the period ended May 2).
Best Buy's (BBY) digital capabilities, including curbside pickup service, have been contributing to its performance. Its Building the New Blue initiative also bodes well.