Best Buy operates as a retailer of technology products - television and home theaters,digital cameras and camcorders, DVD and Blu-ray players, car stereo, navigation and satellite radio and related accessories, and services - Geek squad handles computer repair, other tech services, installations, etc. in the United States and internationally. The company was founded in 1966 and is based in Richfield, Minnesota.
BBY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Best Buy Co Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Best Buy Co Inc ranked in the 68th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Best Buy Co Inc, consider:
BBY's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 25.37% of tickers in our DCF set.
Relative to other stocks in its sector (Consumer Cyclical), Best Buy Co Inc has a reliance on debt greater than only 20.3% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Best Buy Co Inc? See FLXS, BWA, HAS, THO, and WWW.
Best Buy's big 4th of July sale has begun and it's packed full of deep discounts on popular products. From iPhones and iPads to laptops, appliances, TVs, and more, Best Buy has something for everyone in its big July 4th sale.
Consumer brands across all categories are now in the spotlight as to where they stand on social issues. Then, just as businesses were starting to get back to their regularly scheduled marketing, the wave of long-overdue protests and conversations began in support of Black Lives Matter. Consumers expect transparency, accountability, and action.