Beyond (NYSE:BYON) Shares Down 3.4%

Beyond, Inc. (NYSE:BYON - Get Free Report)'s share price was down 3.4% during trading on Monday . The stock traded as low as $20.73 and last traded at $20.76. Approximately 1,375,827 shares changed hands during mid-day trading, a decline of 0% from the average daily volume of 1,381,208 shares. The stock had previously closed at $21.49.

Analyst Ratings Changes

A number of research firms recently issued reports on BYON. Compass Point began coverage on shares of Beyond in a research note on Thursday, February 1st. They issued a "buy" rating and a $45.00 price target on the stock. Piper Sandler lowered their price target on Beyond from $27.00 to $26.00 and set a "neutral" rating on the stock in a research note on Thursday, April 18th. Wedbush reiterated an "outperform" rating and set a $43.00 price target on shares of Beyond in a research report on Friday, April 19th. Maxim Group started coverage on Beyond in a report on Wednesday, April 17th. They issued a "buy" rating and a $50.00 price objective on the stock. Finally, Barclays upped their target price on shares of Beyond from $24.00 to $30.00 and gave the stock an "equal weight" rating in a report on Thursday, February 22nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Beyond presently has an average rating of "Moderate Buy" and an average price target of $39.00.

Beyond Price Performance

The company has a market capitalization of $943.93 million, a PE ratio of -3.04 and a beta of 3.76. 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 company's fifty day moving average is $30.44.

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). Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. The company had revenue of $384.46 million during the quarter, compared to analysts' expectations of $343.10 million. Research analysts anticipate that Beyond, Inc. will post -1.85 earnings per share for the current fiscal year.

Beyond Company Profile

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.