Quite a few stock analysts from Oppenheimer have issued their Q2 earnings reports for BBY which was then published in a 2nd June research report. B. Nagel, the analyst from the brokerage, has predicted that the company will be putting up an EPS of $1.82 for the current quarter. The brokerage has also provided estimates into the Q3 earnings of the company at $0.96.
The Stock Commentary Of BBY
There have been quite a few research equities that have commented on the stocks of BBY. Raymond James has already increased the price target of the company from $130 to $135 with a rating of outperform in a 28th May research report. The Royal Bank of Canada gas also reduced the price target of the company from $130 to $114 with a rating of sector perform in a 4th March research report.
Citigroup has increased the price rating of the company to buy in a 28th May research report. Zacks Investment has also decided to increase the price rating of the company from sell to hold with a price target of $125 in a 28th April research report.
One of the investment analysts taking care of the company has provided it with a rating of sell, while eight others have given it a rating of hold. Close to thirteen others have issued the company with a rating of buy. Currently, BBY has a buy rating with a $120.79 price target.
The stocks of BBY traded on Monday at $115.99. The year low of the company is $75.23, with the year high coming to $128.57. The moving average price of the company over a period of 50 days is $117.98. The current ratio of the company is 1.17, with a 0.66 quick ratio, and a 0.30 debt-to-equity ratio. The market cap of the company is $29.04 billion, with a PE ratio of 13.57, and a PEG ratio of about 1.62.