Beyond (NYSE:BYON - Free Report) had its price target lowered by Piper Sandler from $27.00 to $26.00 in a research note released on Thursday, Benzinga reports. The brokerage currently has a neutral rating on the stock.
BYON has been the topic of several other reports. Barclays raised their price objective on shares of Beyond from $24.00 to $30.00 and gave the company an equal weight rating in a research report on Thursday, February 22nd. Wedbush restated an outperform rating and set a $35.00 price objective (up from $33.00) on shares of Beyond in a research report on Wednesday, February 21st. Compass Point initiated coverage on shares of Beyond in a research report on Thursday, February 1st. They set a buy rating and a $45.00 price objective on the stock. Needham & Company LLC restated a buy rating and set a $40.00 price objective on shares of Beyond in a research report on Friday, April 12th. Finally, Maxim Group assumed coverage on shares of Beyond in a research report on Wednesday. They set a buy rating and a $50.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus target price of $37.67.
Read Our Latest Stock Analysis on BYON
Beyond Price Performance
BYON stock traded down $0.84 during trading on Thursday, reaching $23.02. The company had a trading volume of 1,643,874 shares, compared to its average volume of 1,348,560. Beyond has a 52 week low of $13.71 and a 52 week high of $39.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51. The business's 50 day moving average price is $30.93. The stock has a market cap of $1.05 billion, a P/E ratio of -3.44 and a beta of 3.76.
Beyond (NYSE:BYON - Get Free Report) last issued its quarterly earnings results on Tuesday, February 20th. The company reported ($1.22) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($0.51). The business had revenue of $384.46 million for the quarter, compared to analysts' expectations of $343.10 million. Beyond had a negative return on equity of 16.92% and a negative net margin of 19.72%. Research analysts expect that Beyond will post -1.59 earnings per share for the current 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.
Recommended Stories
Before you consider Beyond, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Beyond wasn't on the list.
While Beyond currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
