Beyond, Inc. (NYSE:BYON – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $23.55, but opened at $24.43. Beyond shares last traded at $23.84, with a volume of 1,079,454 shares changing hands.
Analyst Ratings Changes
Several brokerages have recently commented on BYON. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective on shares of Beyond in a research report on Friday, April 12th. Barclays increased their target price on Beyond from $24.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, February 22nd. Compass Point began coverage on Beyond in a report on Thursday, February 1st. They set a “buy” rating and a $45.00 target price for the company. Piper Sandler increased their target price on Beyond from $26.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, February 22nd. Finally, Maxim Group began coverage on Beyond in a report on Wednesday. They set a “buy” rating and a $50.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Beyond currently has an average rating of “Moderate Buy” and a consensus price target of $37.83.
Beyond Trading Up 1.4 %
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 stock has a fifty day moving average of $30.91. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of -3.52 and a beta of 3.76.
Beyond (NYSE:BYON – Get Free Report) last released its quarterly earnings data 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). Beyond had a negative return on equity of 16.92% and a negative net margin of 19.72%. The business had revenue of $384.46 million during the quarter, compared to analysts’ expectations of $343.10 million. Equities analysts expect that Beyond, Inc. will post -1.59 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.