Beyond, Inc. (NYSE:BYON - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $20.66, but opened at $21.44. Beyond shares last traded at $20.89, with a volume of 376,598 shares.
Analyst Upgrades and Downgrades
Several research firms recently commented on BYON. Compass Point began coverage on Beyond in a research note on Thursday, February 1st. They set a "buy" rating and a $45.00 target price for the company. Piper Sandler reduced their price objective on Beyond from $27.00 to $26.00 and set a "neutral" rating for the company in a research note on Thursday, April 18th. Needham & Company LLC reissued a "buy" rating and issued a $40.00 price objective on shares of Beyond in a research note on Friday, April 12th. Wedbush reissued an "outperform" rating and issued a $43.00 price objective on shares of Beyond in a research note on Tuesday. Finally, Barclays raised their price objective on Beyond from $24.00 to $30.00 and gave the company an "equal weight" rating in a research note on Thursday, February 22nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $39.00.
Read Our Latest Stock Analysis on Beyond
Beyond Price Performance
The firm has a market cap of $919.63 million, a price-to-earnings ratio of -3.04 and a beta of 3.76. The stock has a fifty day simple moving average of $30.44. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.51 and a quick ratio of 1.45.
Beyond (NYSE:BYON - Get Free Report) last issued its earnings results on Tuesday, February 20th. The company reported ($1.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.71) by ($0.51). The firm had revenue of $384.46 million during the quarter, compared to the consensus estimate of $343.10 million. Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. Equities analysts forecast that Beyond, Inc. will post -1.85 EPS for the current fiscal year.
About Beyond
(
Get Free Report)
Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.
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