Best Buy (BBY) Tops Q3 EPS by 8c, Revenues Beat, Comp. Sales Up 4.3%; Boosts FY19 EPS Guidance, Offers FY19 Revenue Outlook
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Best Buy (BBY) Declares $0.45 Quarterly Dividend; 2.8% Yield
November 21, 2018 8:00 AM ESTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.
The dividend will be payable on December 31, 2018, to stockholders of record on December 11, 2018, with an ex-dividend date of December 10, 2018.
The annual yield on the dividend is 2.8... More
Best Buy (BBY) PT Lowered to $69 at RBC Capital
November 21, 2018 7:07 AM ESTRBC Capital analyst Scot Ciccarelli lowered the price target on Best Buy (NYSE: BBY) to $69.00 (from $72.00) while maintaining a Sector Perform rating.
Despite solid results, comps trends seem poised to slow and when coupled with recent competitive announcements (AMZN/AAPL relationship) and... More
UPDATE: Best Buy (BBY) PT Lowered to $85 at Raymond James
November 21, 2018 7:03 AM EST(Updated - November 21, 2018 8:49 AM EST)
(updated to correct PT action and current PT)
Raymond James analyst Dan Wewer lowered the price target on Best Buy (NYSE: BBY) to $85.00 (from $90.00) while maintaining a Strong Buy rating.
... MoreBearish Options Positioning in Best Buy (BBY) Targets 6% Downside in Shares Through Jan 2019 Following 3Q Report -Susquehanna
November 20, 2018 1:52 PM ESTSusquehanna options strategist Alison Edwards notes bearish options activity in Best Buy (NYSE: BBY), as investors purchased 7k Jan 65 Puts, paying $4.60-$5.10. The investor will breakeven with a ~6% pullback by mid-Jan.
BBY reported 3Q results this morning.
... More