What is DA Davidson’s Estimate for Best Buy Q4 Earnings?

Best Buy Co., Inc. (NYSE:BBYFree Report) – Stock analysts at DA Davidson issued their Q4 2025 EPS estimates for shares of Best Buy in a research note issued on Wednesday, November 27th. DA Davidson analyst M. Baker forecasts that the technology retailer will post earnings per share of $2.43 for the quarter. DA Davidson has a “Buy” rating and a $117.00 price target on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.28 per share.

Best Buy (NYSE:BBYGet Free Report) last released its earnings results on Thursday, August 29th. The technology retailer reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.18. Best Buy had a net margin of 2.96% and a return on equity of 47.19%. The business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.23 billion. During the same period last year, the company posted $1.22 EPS. The business’s revenue was down 3.1% on a year-over-year basis.

BBY has been the topic of a number of other reports. Citigroup decreased their target price on shares of Best Buy from $109.00 to $101.00 and set a “buy” rating on the stock in a research note on Wednesday. Evercore ISI raised their target price on shares of Best Buy from $90.00 to $94.00 and gave the stock an “in-line” rating in a research note on Friday, August 30th. Loop Capital decreased their target price on shares of Best Buy from $110.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday. BNP Paribas upgraded shares of Best Buy to a “strong-buy” rating in a report on Thursday, August 29th. Finally, Telsey Advisory Group cut their price target on shares of Best Buy from $115.00 to $110.00 and set an “outperform” rating for the company in a report on Tuesday. One research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Best Buy presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.82.

Read Our Latest Stock Report on Best Buy

Best Buy Trading Down 0.4 %

BBY opened at $88.15 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.01 and a quick ratio of 0.34. The company’s 50 day simple moving average is $94.16 and its two-hundred day simple moving average is $89.07. Best Buy has a 1-year low of $68.67 and a 1-year high of $103.71. The firm has a market capitalization of $18.93 billion, a price-to-earnings ratio of 15.20, a price-to-earnings-growth ratio of 2.44 and a beta of 1.47.

Best Buy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $3.76 annualized dividend and a yield of 4.27%. Best Buy’s dividend payout ratio (DPR) is presently 64.83%.

Hedge Funds Weigh In On Best Buy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BBY. Richardson Financial Services Inc. boosted its position in Best Buy by 190.9% in the 2nd quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock valued at $27,000 after buying an additional 210 shares during the period. Innealta Capital LLC purchased a new position in Best Buy in the 2nd quarter valued at approximately $35,000. Harbor Capital Advisors Inc. purchased a new position in Best Buy in the 3rd quarter valued at approximately $40,000. LRI Investments LLC boosted its position in Best Buy by 632.1% in the 3rd quarter. LRI Investments LLC now owns 388 shares of the technology retailer’s stock valued at $40,000 after buying an additional 335 shares during the period. Finally, Whittier Trust Co. boosted its position in Best Buy by 53.3% in the 2nd quarter. Whittier Trust Co. now owns 492 shares of the technology retailer’s stock valued at $41,000 after buying an additional 171 shares during the period. Hedge funds and other institutional investors own 80.96% of the company’s stock.

Best Buy Company Profile

(Get Free Report)

Best Buy Co, Inc engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions.

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Earnings History and Estimates for Best Buy (NYSE:BBY)

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