Beyond (NYSE:BYON) Stock Price Down 3.4%

Beyond, Inc. (NYSE:BYON)’s stock price traded down 3.4% during trading on Monday . The stock traded as low as $20.73 and last traded at $20.76. 1,375,827 shares traded hands during trading, a decline of 0% from the average session volume of 1,381,208 shares. The stock had previously closed at $21.49.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wedbush reiterated an “outperform” rating and issued a $43.00 target price on shares of Beyond in a research note on Friday, April 19th. Piper Sandler dropped 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. Barclays upped their target price on Beyond from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 22nd. Compass Point started 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. Finally, Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective on shares of Beyond in a research report on Friday, April 12th. 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, the company has a consensus rating of “Moderate Buy” and an average price target of $39.00.

Beyond Trading Down 3.9 %

The firm has a market capitalization of $944.84 million, a P/E ratio of -3.11 and a beta of 3.76. The company’s fifty day simple moving average is $30.55. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51.

Beyond (NYSE:BYON) last announced its quarterly earnings results on Tuesday, February 20th. The company reported ($1.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.71) by ($0.51). The company had revenue of $384.46 million during 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%. Analysts anticipate that Beyond, Inc. will post -1.85 EPS for the current 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.