$2.03 EPS Expected for Best Buy Co., Inc. (BBY); Last Week Pentair plc (PNR) Coverage

February 21, 2018 - By Hazel Jackson

Analysts expect Best Buy Co., Inc. (NYSE:BBY) to report $2.03 EPS on March, 1 before the open.They anticipate $0.08 EPS change or 4.10% from last quarter’s $1.95 EPS. BBY’s profit would be $593.42 million giving it 8.86 P/E if the $2.03 EPS is correct. After having $0.78 EPS previously, Best Buy Co., Inc.’s analysts see 160.26% EPS growth. The stock decreased 1.72% or $1.26 during the last trading session, reaching $71.92. About 2.67 million shares traded. Best Buy Co., Inc. (NYSE:BBY) has risen 62.80% since February 21, 2017 and is uptrending. It has outperformed by 46.10% the S&P500.

Among 24 analysts covering Pentair Inc. (NYSE:PNR), 7 have Buy rating, 5 Sell and 12 Hold. Therefore 29% are positive. Pentair Inc. had 82 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Pentair plc (NYSE:PNR) has “Underperform” rating given on Thursday, September 1 by Cowen & Co. Stifel Nicolaus downgraded the stock to “Hold” rating in Friday, October 16 report. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 24 with “Buy”. The stock has “Neutral” rating by Wedbush on Wednesday, February 3. Cowen & Co maintained Pentair plc (NYSE:PNR) rating on Thursday, January 25. Cowen & Co has “Sell” rating and $65.0 target. The firm has “Buy” rating given on Friday, June 10 by Seaport Global. The firm earned “Neutral” rating on Monday, October 12 by Goldman Sachs. As per Monday, October 2, the company rating was maintained by Morgan Stanley. The firm earned “Hold” rating on Tuesday, June 27 by BMO Capital Markets. The company was maintained on Wednesday, April 26 by RBC Capital Markets. See Pentair plc (NYSE:PNR) latest ratings:

15/02/2018 Broker: Barclays Capital Rating: Underweight New Target: $66 Initiates Coverage On
14/02/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $80 New Target: $78 Maintain
31/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $78.0 Maintain
30/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $79.0 Maintain
30/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $78.0 Maintain
31/01/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $80 New Target: $85 Maintain
25/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $80.0 Maintain
25/01/2018 Broker: Cowen & Co Rating: Sell New Target: $65.0 Maintain
23/01/2018 Broker: UBS Rating: Sell Initiates Coverage On
12/01/2018 Broker: Susquehanna Rating: Hold New Target: $71.0 Maintain

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.03, from 0.79 in 2017Q2. It fall, as 60 investors sold Best Buy Co., Inc. shares while 189 reduced holdings. 54 funds opened positions while 136 raised stakes. 246.28 million shares or 2.83% less from 253.45 million shares in 2017Q2 were reported. Wedge Capital Mngmt L Lp Nc owns 588,829 shares. Ckw Fincl holds 60 shares. Schwab Charles Mngmt holds 0.08% of its portfolio in Best Buy Co., Inc. (NYSE:BBY) for 1.56M shares. Dumont & Blake Advsr Limited Liability Corp holds 0.1% or 4,075 shares in its portfolio. Lord Abbett And Ltd Company has 229,600 shares. Utah Retirement Systems holds 0.06% or 48,453 shares. Allsquare Wealth Mngmt Ltd Company holds 517 shares. Robeco Institutional Asset Bv owns 1.23 million shares. Employees Retirement Sys Of Ohio invested 0.04% in Best Buy Co., Inc. (NYSE:BBY). Cibc Asset Management Incorporated owns 32,768 shares or 0.01% of their US portfolio. Bowling Mgmt Ltd Company stated it has 0.56% in Best Buy Co., Inc. (NYSE:BBY). Apg Asset Mgmt Nv has invested 0.31% in Best Buy Co., Inc. (NYSE:BBY). Toronto Dominion Bancshares has 0.02% invested in Best Buy Co., Inc. (NYSE:BBY). Gabelli Funds Ltd Co accumulated 11,000 shares. Perella Weinberg Ptnrs Cap Lp has 33,371 shares for 0.16% of their portfolio.

Among 27 analysts covering Best Buy Co (NYSE:BBY), 9 have Buy rating, 4 Sell and 14 Hold. Therefore 33% are positive. Best Buy Co had 96 analyst reports since August 10, 2015 according to SRatingsIntel. PiperJaffray upgraded the stock to “Overweight” rating in Monday, March 27 report. The firm has “Sector Perform” rating given on Friday, February 26 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, March 2. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, January 15 report. On Tuesday, October 24 the stock rating was maintained by Loop Capital Markets with “Buy”. The firm earned “Sector Perform” rating on Friday, November 18 by RBC Capital Markets. RBC Capital Markets maintained it with “Sector Perform” rating and $30 target in Monday, January 18 report. The rating was maintained by RBC Capital Markets on Friday, June 30 with “Hold”. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, April 12 report. Oppenheimer maintained the stock with “Hold” rating in Friday, May 26 report.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company has market cap of $21.02 billion. The firm operates through two reportable divisions, Domestic and International. It has a 18.07 P/E ratio. The Company’s stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products.

Since September 5, 2017, it had 0 insider purchases, and 11 insider sales for $157.03 million activity. 2,388 Best Buy Co., Inc. (NYSE:BBY) shares with value of $130.58 million were sold by Scarlett Kathleen. On Tuesday, September 5 Joly Hubert sold $5.85 million worth of Best Buy Co., Inc. (NYSE:BBY) or 106,942 shares. $61,736 worth of Best Buy Co., Inc. (NYSE:BBY) was sold by Watson Mathew. Shares for $187,341 were sold by Barry Corie S. $579,246 worth of stock was sold by Nelsen Keith J on Tuesday, September 5. Another trade for 200,000 shares valued at $12.83 million was sold by SCHULZE RICHARD M. Another trade for 14,260 shares valued at $779,765 was made by MOHAN RAJENDRA M on Tuesday, September 5.

Since September 28, 2017, it had 0 buys, and 2 insider sales for $516,566 activity. $168,166 worth of stock was sold by Stauch John L on Wednesday, January 3. MERRIMAN RONALD sold 5,200 shares worth $348,400.

The stock decreased 0.34% or $0.24 during the last trading session, reaching $70.59. About 656,585 shares traded. Pentair plc (NYSE:PNR) has risen 14.99% since February 21, 2017 and is uptrending. It has underperformed by 1.71% the S&P500.

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