Maxim Group began coverage on shares of Beyond (NYSE:BYON - Get Free Report) in a report released on Wednesday, MarketBeat.com reports. The brokerage set a "buy" rating and a $50.00 price target on the stock. Maxim Group's target price would indicate a potential upside of 109.56% from the stock's current price.
A number of other brokerages have also issued reports on BYON. Compass Point assumed coverage on Beyond in a research report on Thursday, February 1st. They set a "buy" rating and a $45.00 price target for the company. Wedbush reiterated an "outperform" rating and issued a $35.00 target price (up previously from $33.00) on shares of Beyond in a research report on Wednesday, February 21st. Piper Sandler boosted their price target on shares of Beyond from $26.00 to $27.00 and gave the stock a "neutral" rating in a research report on Thursday, February 22nd. Barclays increased their price objective on shares of Beyond from $24.00 to $30.00 and gave the company an "equal weight" rating in a report on Thursday, February 22nd. Finally, Needham & Company LLC reissued a "buy" rating and set a $40.00 target price on shares of Beyond in a report on Friday, April 12th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Beyond currently has a consensus rating of "Moderate Buy" and an average price target of $37.83.
Read Our Latest Analysis on Beyond
Beyond Price Performance
Shares of BYON stock traded up $0.31 during trading hours on Wednesday, reaching $23.86. The stock had a trading volume of 1,918,509 shares, compared to its average volume of 1,344,565. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.10. The company's 50-day simple moving average is $30.91. The company has a market cap of $1.09 billion, a price-to-earnings ratio of -3.51 and a beta of 3.76. Beyond has a twelve month low of $13.71 and a twelve month high of $39.27.
Beyond (NYSE:BYON - Get Free Report) last announced its quarterly earnings results on Tuesday, February 20th. The company reported ($1.22) 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 analyst estimates of $343.10 million. Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. On average, equities analysts anticipate that Beyond will post -1.59 earnings per share for the current year.
Beyond Company Profile
(
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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