Best Buy Co. Inc. (NYSE:BBY) traded at $73.64 at close of the session on Tuesday, April 30, made a downward move of -1.81% on its previous day’s price.
Looking at the stock we see that its previous close was $75.00 . The company has a trailing 12-month PE ratio of 12.95. In terms of its 52-week price range, BBY has a high of $86.11 and a low of $62.30. The company’s stock has lost about -9.80% over that past 30 days.
Best Buy Co. Inc. has a market cap of $15.86 billion. With its Forward Dividend at 3.70 and a yield of 5.02%, the company’s investors could be anxious for the BBY stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the BBY stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is -4.88% off its SMA20 and -5.44% from its 50-day simple moving average. The RSI (14) is pointing at 35.51 while the volatility over the past week is 2.06% and jumps to 2.31% over the past one month. The beta value is 1.51, while the average true range (ATR) is currently pointing at 1.86.
Coming back to Best Buy Co. Inc. (NYSE:BBY), we note that the average 3-month trading volume was 3.09 million. Current shares outstanding are 215.40 million.
The insiders hold 10.33% of the company’s shares while institutions hold 83.83%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -5.93% down in year-to-date price movement.
