Best Buy Co., Inc. (BBY) EPS Estimated At $0.82

August 13, 2018 - By Billy Entrekin

Best Buy Co., Inc. (NYSE:BBY) LogoInvestors sentiment decreased to 0.84 in 2018 Q1. Its down 0.02, from 0.86 in 2017Q4. It dropped, as 44 investors sold Best Buy Co., Inc. shares while 202 reduced holdings. 70 funds opened positions while 136 raised stakes. 234.44 million shares or 0.36% more from 233.61 million shares in 2017Q4 were reported.
New Amsterdam Ltd Llc has 0.14% invested in Best Buy Co., Inc. (NYSE:BBY). Trust Department Mb Comml Bank N A invested in 78 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corporation reported 0% in Best Buy Co., Inc. (NYSE:BBY). Dorsey And Whitney Trust Ltd Liability invested 0.02% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). Viking Fund Mgmt Ltd Liability Corporation owns 8,000 shares for 0.11% of their portfolio. Zeke Capital Advsrs Ltd Liability Com, Pennsylvania-based fund reported 5,916 shares. Northpointe Capital Ltd Liability Co invested 0.54% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). 23,314 were accumulated by Pinebridge Invests Lp. Cibc World Markets has invested 0.04% in Best Buy Co., Inc. (NYSE:BBY). Gabelli Funds Ltd Limited Liability Company, New York-based fund reported 7,000 shares. Maverick has invested 0.04% in Best Buy Co., Inc. (NYSE:BBY). Brown Advisory Securities Ltd Company stated it has 7,193 shares. Bluemountain Cap Management Ltd Liability stated it has 117,032 shares or 0.19% of all its holdings. Andra Ap stated it has 143,500 shares. Verition Fund Management Limited Liability Com reported 3,812 shares.

Since March 2, 2018, it had 0 insider buys, and 33 insider sales for $37.94 million activity. $1.91 million worth of Best Buy Co., Inc. (NYSE:BBY) shares were sold by Ballard Shari L. $829,949 worth of stock was sold by Joly Hubert on Tuesday, March 13. Walker Patricia H sold $126,540 worth of stock or 1,795 shares. Saksena Asheesh also sold $1.37M worth of Best Buy Co., Inc. (NYSE:BBY) shares. $27,892 worth of Best Buy Co., Inc. (NYSE:BBY) was sold by Scarlett Kathleen on Monday, March 12. $125,768 worth of Best Buy Co., Inc. (NYSE:BBY) shares were sold by MOHAN RAJENDRA M.

Analysts expect Best Buy Co., Inc. (NYSE:BBY) to report $0.82 EPS on August, 28 before the open.They anticipate $0.13 EPS change or 18.84 % from last quarter’s $0.69 EPS. BBY’s profit would be $229.10M giving it 24.00 P/E if the $0.82 EPS is correct. After having $0.82 EPS previously, Best Buy Co., Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.04% or $0.03 during the last trading session, reaching $78.71. About 1.74 million shares traded. Best Buy Co., Inc. (NYSE:BBY) has risen 11.76% since August 13, 2017 and is uptrending. It has underperformed by 0.81% the S&P500.

Best Buy Co., Inc. (NYSE:BBY) Ratings Coverage

Among 11 analysts covering Best Buy Co (NYSE:BBY), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Best Buy Co had 12 analyst reports since February 16, 2018 according to SRatingsIntel. The stock of Best Buy Co., Inc. (NYSE:BBY) earned “Hold” rating by Jefferies on Tuesday, February 27. The firm has “Hold” rating given on Friday, March 2 by Telsey Advisory. The rating was maintained by RBC Capital Markets on Thursday, March 1 with “Hold”. UBS maintained the stock with “Neutral” rating in Friday, March 2 report. The firm has “Buy” rating by Loop Capital Markets given on Thursday, May 24. On Friday, March 2 the stock rating was maintained by Bank of America with “Buy”. The stock of Best Buy Co., Inc. (NYSE:BBY) has “Equal-Weight” rating given on Friday, March 2 by Morgan Stanley. The rating was maintained by Loop Capital Markets with “Buy” on Thursday, March 1. Wedbush maintained Best Buy Co., Inc. (NYSE:BBY) rating on Monday, February 26. Wedbush has “Sell” rating and $38.0 target. The company was maintained on Friday, February 16 by Citigroup.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company has market cap of $21.99 billion. The firm operates through two reportable divisions, Domestic and International. It has a 23.16 P/E ratio. The Company’s stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products.

More recent Best Buy Co., Inc. (NYSE:BBY) news were published by: Bizjournals.com which released: “These Minnesota companies have the highest — and lowest — median employee pay (slideshow)” on August 09, 2018. Also Fool.com published the news titled: “How Best Buy Became a Retail Success Story” on July 20, 2018. Bizjournals.com‘s news article titled: “Minnesota’s public companies are disclosing loads of new details about worker pay. Too bad critics say it’s mostly …” with publication date: August 02, 2018 was also an interesting one.

Best Buy Co., Inc. (NYSE:BBY) Institutional Positions Chart

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