Matthew Bilunas - Best Buy Chief Financial Officer
BBY Stock | USD 81.87 1.81 2.26% |
CFO
Mr. Matthew M. Bilunas is Chief Financial Officer of the Company. Mr. Bilunas was the Companys Senior Vice President, Enterprise and Merchandising Finance since April 2017, responsible for the performance management and planning processes for the overall enterprise. From November 2015 to March 2017, he served as Vice President, Finance for category, ecommerce and marketing and from May 2014 to October 2015 he served as Vice President, Category Finance. He joined the Company in 2006 and has served in a variety of finance roles, including both retail and international positions. Prior to joining the Company, he spent time at Carlson Companies, NRG Energy, Inc., Bandag, Inc. and KPMG since 2019.
Age | 51 |
Tenure | 5 years |
Address | 7601 Penn Avenue South, Richfield, MN, United States, 55423 |
Phone | (612) 291-1000 |
Web | https://corporate.bestbuy.com |
Best Buy Management Efficiency
The company has Return on Asset of 0.0702 % which means that on every $100 spent on assets, it made $0.0702 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4244 %, implying that it generated $0.4244 on every 100 dollars invested. Best Buy's management efficiency ratios could be used to measure how well Best Buy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to 0.09 in 2024. Return On Assets is likely to drop to 0.02 in 2024. At this time, Best Buy's Non Current Assets Total are fairly stable compared to the past year. Intangible Assets is likely to rise to about 228.2 M in 2024, whereas Total Assets are likely to drop slightly above 9.7 B in 2024.Similar Executives
Found 11 records | CFO Age | ||
Nancy Walsh | LL Flooring Holdings | 61 | |
Xuande Huang | JD Inc Adr | 52 | |
Martin Agard | LL Flooring Holdings | 55 | |
Robert Madore | LL Flooring Holdings | 59 | |
Michael Baughn | Foot Locker | 43 | |
Michael Fleisher | Wayfair | 59 | |
Karen Hoguet | Macys Inc | 59 | |
Kate Gulliver | Wayfair | 42 | |
Christopher Code | AutoNation | N/A | |
Carol Tome | Home Depot | 61 | |
Thomas Szlosek | AutoNation | 60 |
Management Performance
Return On Equity | 0.42 | ||||
Return On Asset | 0.0702 |
Best Buy Leadership Team
Elected by the shareholders, the Best Buy's board of directors comprises two types of representatives: Best Buy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Best. The board's role is to monitor Best Buy's management team and ensure that shareholders' interests are well served. Best Buy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Best Buy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sharon McCollam, CFO and Chief Admin. Officer | ||
Michael Mohan, Chief Merchandising Officer | ||
Gerard Vittecoq, Independent Director | ||
Brian Tilzer, Chief Digital and Technology Officer | ||
Shari Ballard, Chief HR Officer and President of U.S. Retail | ||
Paula Baker, Chief Human Resource Officer | ||
J Doyle, Director | ||
Jason Bonfig, Senior Fulfillment | ||
Matthew Furman, Chief Communications and Public Affairs Officer | ||
Ron Wilson, President International | ||
R Mohan, President, Chief Operating Officer | ||
Jeff Haydock, Chief Officer | ||
Claudia Munce, Independent Director | ||
Karen McLoughlin, Independent Director | ||
Deborah DiSanzo, President Best Buy Health | ||
Todd Hartman, Executive Vice President Chief Compliance Officer, Chief Risk Officer, General Counsel, Secretary | ||
Thomas Millner, Independent Director | ||
Corie Barry, Chief Executive Officer, Director | ||
Cindy Kent, Independent Director | ||
Matthew Bilunas, Chief Financial Officer | ||
Keri Grafing, Chief Officer | ||
Allison Peterson, Chief Customer Officer | ||
Christopher Askew, President Services | ||
Steven Rendle, Independent Director | ||
Keith Nelsen, Executive VP, General Counsel and Secretary | ||
Mark Irvin, Chief Officer | ||
David Kenny, Independent Director | ||
Eugene Woods, Independent Director | ||
Trish Walker, President Services | ||
Richard Schulze, Founder Emeritus | ||
Mollie Obrien, Senior Director of Investor Relations | ||
Hubert Joly, Executive Chairman of the Board | ||
Mathew Watson, Chief Accounting Officer, Vice President - Finance, Controller, Principal Accounting Officer | ||
Kathy Victor, Independent Director | ||
Patrick Doyle, Independent Director | ||
Joseph Doyle, Independent Chairman of the Board | ||
Russell Fradin, Lead Independent Director | ||
Richelle Parham, Independent Director | ||
Lisa Caputo, Independent Director | ||
Asheesh Saksena, Chief Strategic Growth Officer | ||
Kamy Scarlett, Chief Human Resources Officer; President, U.S. Retail Stores | ||
Mary Kelley, President e-Commerce | ||
Greg Revelle, Chief Marketing Officer | ||
Mark Weinberger, Director | ||
Bradbury Anderson, Independent Director | ||
Mario Marte, Independent Director | ||
Damien Harmon, Ex Omnichannel |
Best Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Best Buy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.42 | ||||
Return On Asset | 0.0702 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 19.78 B | ||||
Shares Outstanding | 215.38 M | ||||
Shares Owned By Insiders | 11.30 % | ||||
Shares Owned By Institutions | 84.15 % | ||||
Number Of Shares Shorted | 16.56 M | ||||
Price To Earning | 12.77 X |
Best Buy Investors Sentiment
The influence of Best Buy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Best. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Best Buy's public news can be used to forecast risks associated with an investment in Best. The trend in average sentiment can be used to explain how an investor holding Best can time the market purely based on public headlines and social activities around Best Buy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Best Buy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Best Buy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Best Buy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Best Buy.
Best Buy Implied Volatility | 30.95 |
Best Buy's implied volatility exposes the market's sentiment of Best Buy Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Best Buy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Best Buy stock will not fluctuate a lot when Best Buy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Best Buy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Best Buy's short interest history, or implied volatility extrapolated from Best Buy options trading.
Pair Trading with Best Buy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Best Buy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Best Buy will appreciate offsetting losses from the drop in the long position's value.Moving together with Best Stock
0.73 | W | Wayfair Financial Report 2nd of May 2024 | PairCorr |
0.79 | AN | AutoNation Financial Report 18th of April 2024 | PairCorr |
Moving against Best Stock
0.55 | BGI | Birks Group | PairCorr |
0.51 | FNKO | Funko Inc Financial Report 2nd of May 2024 | PairCorr |
0.51 | DIT | AMCON Distributing Fiscal Quarter End 31st of March 2024 | PairCorr |
The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Best Buy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Best Buy Co to buy it.
The correlation of Best Buy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Best Buy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Best Stock analysis
When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 3.68 | Earnings Share 5.68 | Revenue Per Share 199.596 | Quarterly Revenue Growth (0.01) |
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.