For today's edition of our bulletin, we used our website's advanced screening functions to search for data on major US retailers–Amazon.com, Best Buy, Target, and Wal-Mart–ahead of Black Friday and the kick off to the holiday shopping season. They are presented alphabetically. Best Buy and Wal-Mart are rated BUY. Amazon and Target are rated HOLD by our systems.
Ticker
Company Name
Market Price
Valuation
Last 12-M Return
1-M Forecast Return
1-Yr Forecast Return
P/E Ratio
VE Rating
AMZN
AMAZON.COM INC
1129.88
40.61%
49.38%
0.20%
2.35%
277.38
3
BBY
BEST BUY
55.83
8.98%
21.40%
0.76%
9.13%
13.89
4
TGT
TARGET CORP
58.14
-7.75%
-23.63%
0.11%
1.26%
12.11
3
WMT
WAL-MART STORES
97.47
35.34%
40.87%
0.72%
8.65%
22.25
4
The holiday season used to be THE story for retailers. However, lately so many retailers are desperate to stay relevant vs online giants such as Amazon that big holiday sales almost seem secondary. For this season we see yet another battle royale shaping up between giants like Wal-Mart and Target on one side, and Amazon.com on the other.
Today's Wall Street Journal notes that the big retailers have adopted a variety of pricing strategies to deal with Amazon this season. Target has changed its emphasis, structuring more sale weekends during the season with less focus on Black Friday. Wal-Mart is offering different prices for online and store items in an effort to lure traffic. Retailers like Best Buy offered Black Friday-like discounts far earlier in November than in prior years.
For today's bulletin, we take a look at Best Buy (BBY) in depth. 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.
Below is our latest data for Best Buy (BBY):
ValuEngine continues its BUY recommendation on Best Buy for 2017-11-17. 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.