Best Buy Co. (NYSE:BBY)- Safe Haven Investment Portfolio Stocks: Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Best Buy Co., Inc. (NYSE:BBY) runs in leading trade, it inching down -0.92% to traded at $48.21. BBY attains analyst recommendation of 2.90 on scale of 1-5 with week’s performance of 3.69%. More of the nation’s underserved teens will have access to free technology tools and training as Best Buy released plans to add nine new Best Buy Teen Tech Centers to its year-round support network in 2017. The announcement was made just as the company officially opens its newest Teen Tech Center in Denver, Colorado today.

The expanded network of 20 Teen Tech Centers will provide tech education to thousands of students, with special priority for new centers to be located in urban cities such as Las Vegas and Pittsburgh. Plans are already underway to open centers in early 2017 in Atlanta and San Diego.

To find out the technical position of BBY, it holds price to book ratio of 3.61 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 13.96, and price to earnings ratio calculated as 14.97. The price to earnings growth ration calculated as 1.20. BBY is presenting price to cash flow of 4.93 and free cash flow concluded as 13.27.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -34.70%, and looking further price to next year’s EPS is 6.12%. While take a short look on price to sales ratio, that was 0.39 and price to earning ration of 14.97 attracting passive investors.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) kept active in under and overvalue discussion, BBBY holds price to book ratio of 2.78 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 9.72, which is authentic method to judge but not universal for all situation.

Fundament/ News Factor in Focus

Taking look on ratio analysis, BBBY has forward price to earnings ratio of 9.75, compare to its price to earnings ratio of 9.72. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 1.97. The co is presenting price to cash flow as 12.54 and while calculating price to free cash flow it concluded at 10.08, the low single digit may indicate stock is undervalued and vice versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.

The firm has price volatility of 2.72% for a week and 2.67% for a month. Its beta stands at 0.89 times. Narrow down four to firm performance, its weekly performance was 3.69% and monthly performance was 8.70%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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