Best Buy Co Stock In The News
| BBY Stock | USD 76.83 0.60 0.79% |
The overall news coverage of Best Buy Co from major news outlets shows solid bullish sentiment on 27 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Best Buy's news coverage and content from conventional and social sources shows investors' bearish mood towards Best Buy Co. The specific impact of Best Buy news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Best Buy's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Best Buy headlines in addition to utilizing other, more conventional financial analysis modules. Check out Best Buy Backtesting and Best Buy Hype Analysis.
Best |
Best Buy Today Top News and Investor Outlook
Best Buy Co Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Best and other traded companies coverage. We help investors stay connected with Best headlines for the 18th of April 2024 to make an informed investment decision based on correlating the impacts of news items on Best Stock performance. Please note that trading solely based on the Best Buy Co hype is not for everyone as timely availability and quick action are needed to avoid losses.Best Buy stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Best earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Best Buy that are available to investors today. That information is available publicly through Best media outlets and privately through word of mouth or via Best internal channels. However, regardless of the origin, that massive amount of Best data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Best Buy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Best Buy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Best Buy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Best Buy alpha.
Best Largest EPS Surprises
Earnings surprises can significantly impact Best Buy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-06-15 | 1999-05-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1999-06-15 | 1999-04-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1998-06-16 | 1998-05-31 | 0.03 | 0.04 | 0.01 | 33 | ||
1998-06-16 | 1998-04-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2001-06-19 | 2001-05-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2001-06-19 | 2001-04-30 | 0.1 | 0.12 | 0.02 | 20 |
Best Buy Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Best Buy Stock. Current markets are slightly bullish. About 56% of major world exchanges and indexes are currently up. See today's market update for more information.
17th of April 2024
Here are 4 quality names we brought more of in this weeks oversold stock market at cnbc.com
15th of April 2024
Were making another sale of this media stock and putting that cash into our newest positio... at cnbc.com
12th of April 2024
Apples latest HomePod mini lands at 80 in all five styles with rare discount at 9to5toys.com
11th of April 2024
Best Buy executive sells over 290k in company stock at investing.com
9th of April 2024
Best Buy AI Tools Aim to Make In-Home Services More Efficient at finance.yahoo.com
8th of April 2024
There Are Reasons To Feel Uneasy About Best Buys Returns On Capital at simplywall.st
15th of March 2024
Best Buy just dropped the M1 MacBook Air to 649 at zdnet.com
Best Buy Investors Sentiment
The influence of Best Buy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Best. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Best Buy's public news can be used to forecast risks associated with an investment in Best. The trend in average sentiment can be used to explain how an investor holding Best can time the market purely based on public headlines and social activities around Best Buy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Best Buy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Best Buy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Best Buy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Best Buy.
Best Buy Implied Volatility | 115.03 |
Best Buy's implied volatility exposes the market's sentiment of Best Buy Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Best Buy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Best Buy stock will not fluctuate a lot when Best Buy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Best Buy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Best Buy's short interest history, or implied volatility extrapolated from Best Buy options trading.
Check out Best Buy Backtesting and Best Buy Hype Analysis. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Best Stock analysis
When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
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Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 3.68 | Earnings Share 5.68 | Revenue Per Share 199.596 | Quarterly Revenue Growth (0.01) |
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.