Beyond (NYSE:BYON - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect Beyond to post earnings of ($0.84) per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
Beyond (NYSE:BYON - Get Free Report) last released its earnings results on Monday, July 29th. The company reported ($0.76) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.89) by $0.13. The business had revenue of $398.10 million for the quarter, compared to analyst estimates of $381.74 million. Beyond had a negative return on equity of 49.00% and a negative net margin of 22.03%. Beyond's revenue was down 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.02) earnings per share. On average, analysts expect Beyond to post $-4 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
BYON stock opened at $10.29 on Thursday. The company has a market cap of $470.77 million, a price-to-earnings ratio of -1.26 and a beta of 3.65. Beyond has a twelve month low of $8.91 and a twelve month high of $37.10. The business has a 50 day moving average price of $10.25 and a two-hundred day moving average price of $14.88. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 0.14.
In other news, Director Barclay F. Corbus acquired 5,000 shares of the firm's stock in a transaction on Thursday, August 1st. The shares were purchased at an average cost of $10.66 per share, with a total value of $53,300.00. Following the acquisition, the director now directly owns 66,668 shares in the company, valued at $710,680.88. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In other Beyond news, Director Barclay F. Corbus acquired 5,000 shares of the business's stock in a transaction on Thursday, August 1st. The stock was purchased at an average price of $10.66 per share, with a total value of $53,300.00. Following the acquisition, the director now directly owns 66,668 shares of the company's stock, valued at approximately $710,680.88. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Benjamin Nettles, Jr. sold 10,412 shares of the stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $9.35, for a total transaction of $97,352.20. Following the transaction, the director now owns 11,368 shares in the company, valued at approximately $106,290.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company's stock.
A number of brokerages recently weighed in on BYON. Barclays lowered their target price on shares of Beyond from $22.00 to $16.00 and set an "equal weight" rating on the stock in a report on Friday, July 26th. Piper Sandler lowered their price objective on shares of Beyond from $17.00 to $14.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 31st. Bank of America cut their target price on shares of Beyond from $15.50 to $15.00 and set a "neutral" rating for the company in a research note on Wednesday, July 31st. Wedbush lowered their price target on Beyond from $37.00 to $25.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 31st. Finally, Jefferies Financial Group dropped their price objective on Beyond from $14.00 to $11.00 and set a "hold" rating on the stock in a research note on Monday, September 23rd. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $25.25.
View Our Latest Stock Report on BYON
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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