Alert: New Earnings Report (11/26/24)-Best Buy Co Inc (NYSE: BBY).

out_logo_500#03156.jpg

For its third fiscal quarter (ending October 31), Best Buy Co Inc (NYSE: BBY) has reported a 5% increase in E.P.S. from $1.21 a year ago to $1.27 in the current quarter. For the latest four quarters through October 31, E.P.S. were $5.89 versus $5.82 for the same period a year ago — an increase of 1%.

Recent Price Action

out_mm#03156.jpg
Best Buy Co Inc (NYSE: BBY) stock declined by -4.9% on 11/26/24. The shares closed at $88.48. Moreover, exceptionally high trading volume at 366% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -0.6% during the last week.

Current PriceTarget Research Rating

Best Buy has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Best Buy has a poor Appreciation Score of 30 but a very high Power Rating of 88, triggering the High Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*