|Bid||0.00 x 800|
|Ask||68.80 x 1300|
|Day's Range||67.53 - 69.50|
|52 Week Range||47.72 - 83.20|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||12.53|
|Earnings Date||Aug 29, 2019|
|Forward Dividend & Yield||2.00 (2.95%)|
|1y Target Est||76.73|
Best Buy (BBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today we'll evaluate Best Buy Co., Inc. (NYSE:BBY) to determine whether it could have potential as an investment idea...
Strong consumer spending indicates that the U.S. economy, which is currently in its record 11th year of expansion, will maintain momentum.
Sales at U.S. retailers picked up in July, a tell-tale sign that consumers are still confident about their well-being despite weakness in global growth.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tariffs on China goods might have pushed retailers to cut jobs and close stores. But, with Trump delaying tariffs on remaining Chinese imports, things are certainly looking up for retailers.
U.S. stocks rebounded significantly on Tuesday after the United States Trade Representative???s (USTR) office decided to delay new tariffs on Chinese goods from Sep 1 to Dec 15.