Best Buy Is Our Top Upgrade This Week

For today's bulletin we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data.* They are presented by one-month forecast return. Best Buy (BBY) is our top-rated upgrade this week.

Ticker

Company Name

Market Price

Valuation

Last 12-M Return

1-M Forecast Return

1-Yr Forecast Return

P/E Ratio

Sector Name

BBY

BEST BUY

33.6

4.91%

4.61%

0.54%

6.48%

11.90

Retail-Wholesale

MBFI

MB FINANCL INC

38.39

3.83%

13.35%

0.52%

6.26%

17.53

Finance

MKSI

MKS INSTRUMENTS

45.68

-0.56%

30.14%

0.61%

7.27%

22.50

Computer and Technology

DTLK

DATALINK CORP

8.58

-5.66%

23.81%

0.78%

9.30%

18.65

Computer and Technology

MDVN

MEDIVATION INC

63.99

-46.93%

33.67%

0.51%

6.08%

84.20

Medical

*Note: These picks are all rated "BUY." There are no "STRONG BUY" rated upgrades for today.

Below is today's data on Best Buy (BBY):

Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. They operate retail stores and commercial Websites under the brand names Best Buy, Media Play, On Cue, Sam Goody, Suncoast, Magnolia Hi-Fi and Future Shop. They also operate in three segments: Best Buy, Musicland and International.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from HOLD to BUY for BEST BUY on 2016-07-29. Based on the information we have gathered and our resulting research, we feel that BEST BUY has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Price Sales Ratio.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

33.78 0.54%

3-Month

34.60 2.98%

6-Month

35.41 5.40%

1-Year

35.78 6.48%

2-Year

40.06 19.22%

3-Year

39.61 17.89%

Valuation & Rankings

Valuation

4.91% overvalued

Valuation Rank(?)

36

1-M Forecast Return

0.54%

1-M Forecast Return Rank

86

12-M Return

4.61%

Momentum Rank(?)

64

Sharpe Ratio

-0.01

Sharpe Ratio Rank(?)

54

5-Y Avg Annual Return

-0.52%

5-Y Avg Annual Rtn Rank

53

Volatility

42.84%

Volatility Rank(?)

43

Expected EPS Growth

3.42%

EPS Growth Rank(?)

29

Market Cap (billions)

11.79

Size Rank

91

Trailing P/E Ratio

11.90

Trailing P/E Rank(?)

86

Forward P/E Ratio

11.51

Forward P/E Ratio Rank

76

PEG Ratio

3.48

PEG Ratio Rank

12

Price/Sales

0.30

Price/Sales Rank(?)

90

Market/Book

2.96

Market/Book Rank(?)

39

Beta

1.52

Beta Rank

22

Alpha

-0.09

Alpha Rank

45

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

55.3%

Stocks Overvalued

44.7%

Stocks Undervalued by 20%

24.1%

Stocks Overvalued by 20%

15.43%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Basic Materials

-0.08%

8.22%

51.32%

17.38% overvalued

56.86%

31.31

Consumer Staples

-0.06%

1.87%

9.40%

7.46% overvalued

8.98%

24.43

Utilities

-0.40%

1.90%

12.92%

5.83% overvalued

11.77%

23.62

Multi-Sector Conglomerates

0.20%

3.10%

7.16%

3.31% overvalued

-6.81%

18.68

Industrial Products

-0.74%

5.36%

10.91%

0.99% overvalued

3.93%

22.34

Aerospace

-0.24%

3.68%

-2.40%

0.00% undervalued

-4.11%

19.28

Computer and Technology

-0.24%

5.25%

11.40%

1.09% undervalued

1.60%

29.85

Business Services

-0.32%

3.66%

14.42%

1.50% undervalued

-4.52%

22.91

Construction

0.46%

7.90%

29.17%

1.57% undervalued

7.25%

21.97

Finance

-0.01%

3.80%

5.11%

2.34% undervalued

-0.32%

16.45

Consumer Discretionary

0.04%

4.50%

6.66%

3.55% undervalued

-4.40%

22.66

Oils-Energy

-0.31%

-1.52%

13.78%

4.42% undervalued

-17.52%

24.31

Medical

-0.04%

6.19%

1.11%

8.39% undervalued

-20.15%

28.35

Retail-Wholesale

0.04%

3.65%

0.42%

8.72% undervalued

-6.29%

22.32

Transportation

0.10%

6.59%

7.45%

8.82% undervalued

-21.60%

14.58

Auto-Tires-Trucks

-0.86%

6.69%

1.08%

14.85% undervalued

-5.21%

12.74

 

 

Disclosure: None.

Disclaimer: ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, ...

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