Technical Indicator Analysis for Best Buy Co., Inc. (NYSE:BBY)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Best Buy Co., Inc. (NYSE:BBY) for the period of 9-Day stands at 85.49% while the stochastic %D for the same period stands at 92.48%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Best Buy Co., Inc. (NYSE:BBY) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Best Buy Co., Inc. (NYSE:BBY) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indictor of a certain security, currently Best Buy Co., Inc. (NYSE:BBY)’s 20-Day Bollinger Band indicates “Hold”.

Previous Day Activity Analysis

On the last trading day, Best Buy Co., Inc. (NYSE:BBY) opened the session at $58.67 and after going down -2.15% closed at $57.35. The stock lost -1.32 points in the last trade.

Best Buy Co., Inc. (NYSE:BBY)’s stock fluctuated in the range of $57.26 and $58.68 during the previous active session. Best Buy Co., Inc. (NYSE:BBY) traded with the volume of 3.37 Million with average volume of 4.35 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.5 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.32 and 50.45 respectively.

Currently the Insider Ownership of the shares of Best Buy Co., Inc. (NYSE:BBY) is at 0.5% and the shares outstanding are 298.01 Million.

Important Ratio Analysis

Some important ratios to consider here for Best Buy Co., Inc. (NYSE:BBY) are discussed below:

Dividend yield of Best Buy Co., Inc. (NYSE:BBY) stands at 2.37% whereas Price to Earnings P/E ratio stands at 15.22 while Forward P/E shows the value of 13.4.

The PEG ratio (Price to Earning to Growth) emits the value of 1.23. The Price to Sale P/S and Price to Book P/B shows the value of 0.43 and 4.01 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 4.9 and 17.93 correspondingly.

The Quick Ratio of Best Buy Co., Inc. (NYSE:BBY) stands at 0.7 while the Current Ratio depicts the value of 1.4.

Return on Assets ROA of Best Buy Co., Inc. (NYSE:BBY) is at 8.7% whereas, Return on Equity ROE and Return of Investment ROI of Best Buy Co., Inc. (NYSE:BBY) stand at 26.9% and 20.5% respectively.

The payout ratio of Best Buy Co., Inc. (NYSE:BBY) stands at 30.7%.

Stock Performance Analysis

The stock performance of Best Buy Co., Inc. (NYSE:BBY) on the basis of 5 day trade show the jump of 2.48% whereas, the monthly performance of the stock shows decrease of -4.66%.

The quarterly performance of the stock remained in green zone with the value of 2.8% while six month performance of the shares of Best Buy Co., Inc. (NYSE:BBY) remained bullish with the count of 25.91%.

The yearly and YTD performance of Best Buy Co., Inc. (NYSE:BBY) remained up at 50.92% and 34.4% respectively.