|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||54.34 - 55.99|
|52-week range||41.67 - 63.32|
|PE ratio (TTM)||14.77|
|Earnings date||15 Nov. 2017 - 20 Nov. 2017|
|Forward dividend & yield||1.36 (2.46%)|
|1y target est||57.47|
Best Buy made a big deal about how the later-than-usual launch of an “iconic” mobile phone was a key reason for missing sales expectations, but analysts aren’t worried.
Wal-Mart (WMT) and Best Buy (BBY) are both trading down on Friday morning, after reporting earnings on Thursday. Morgan Stanley's Simeon Gutman and Joshua Siber take a look at the two retail giants today, keeping an Equal Weight rating on both stocks, although they slightly raised their price target on Wal-Mart. From the note: The market already knows WMT expects 5% EPS growth in F'19 and estimates generally align with this outlook.
Investors were disappointed by Best Buy's fourth-quarter forecast. However, Best Buy stock is starting to look attractive based on its reasonable valuation and the company's meaningful near-term growth opportunities.
Stocks that moved substantially or traded heavily Thursday: Time Inc., up $3.55 to $16.20 The New York Times reported that Meredith Corp. will make another offer for the publisher. Wal-Mart Stores Inc., ...
Consumer electronics retailer Best Buy came up short of third-quarter targets and guided below estimates for the holiday period.
For some, today’s results raise concerns about Best Buy’s ability to deliver the growth investors crave. At Loop Capital Markets, Anthony Chukumba, was “impressed: by Best Buy’s results, “particularly given all the noise the company encountered in the quarter.” He reiterated a Buy rating and a $72 price target. ...While Best Buy's F4Q 2017 earnings guidance missed our expectations, we note the several mitigating factors, as well as management's long track record of "underpromising and overdelivering." Meanwhile, Credit Suisse’s Seth Sigman says Best Buy will need to deliver a fourth quarter upside surprise.
Shares of Best Buy (BBY) were down more than 7% in morning trading Thursday, just hours after the company reported its third-quarter earnings results. Here's exactly why the company missed our earnings estimates.
Although there was plenty of financial reports released today, the Republican tax plan also colored the day's action. The House will vote in the afternoon.
NEW YORK (AP) — Best Buy Co. on Thursday reported a boost in third-quarter profit and sales, but its results and outlook fell short of Wall Street expectations.
Stocks look poised to bounce back after their two-day losing streak. S&P 500 futures and the Dow Jones Industrial Average futures have gained 0.3%. Nasdaq Composite futures are up 0.4%. L Brands (LB) ...
Best Buy came out with third-quarter fiscal 2018 results, wherein adjusted earnings from continuing operations came in at 78 cents per share that missed the Zacks Consensus Estimate by a penny.
Best Buy Co. Inc. shares fell 4.3% in Thursday premarket trading after the consumer electronics retailer reported a third-quarter revenue miss and gave weak earnings guidance. Net income for the quarter ...
Shares of Dick's Sporting Goods (DKS) gained more than 5% during morning trading hours Wednesday after analysts from JPMorgan declared the company a "long-term survivor" in the struggling retail sector.
Shares of Dick's Sporting Goods (DKS) are up more than 5%, thanks to an upgrade from Morgan Stanley. Analyst Christopher Horvers and his team boosted their rating on Dick's to Overweight, with a $32 price target.
Will these big box retailers be able to post strong results in Q3, or will they disappoint investors heading into the crucial holiday shopping season?
Sound promotional strategies and improvement in merchandise margins along with robust expense management are likely to drive Best Buy (BBY) in Q3.