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The closing price of Beyond Inc (NYSE: BYON) was $14.34 for the day, down -4.02% from the previous closing price of $14.94. In other words, the price has decreased by -$4.02 from its previous closing price. On the day, 3.51 million shares were traded. BYON stock price reached its highest trading level at $14.85 during the session, while it also had its lowest trading level at $13.95.
Ratios:
Our analysis of BYON’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on May 08, 2024, Reiterated its Buy rating but revised its target price to $36 from $50 previously.
On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $50.Maxim Group initiated its Buy rating on April 17, 2024, with a $50 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 10 ’24 when LEMONIS MARCUS bought 6,920 shares for $14.13 per share. The transaction valued at 97,780 led to the insider holds 193,893 shares of the business.
LEMONIS MARCUS bought 17,075 shares of BYON for $249,466 on Jun 06 ’24. The EXECUTIVE CHAIRMAN OF BOARD now owns 186,973 shares after completing the transaction at $14.61 per share. On May 22 ’24, another insider, Burkey Joanna Catherine, who serves as the Director of the company, sold 610 shares for $16.73 each. As a result, the insider received 10,205 and left with 5,372 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BYON now has a Market Capitalization of 655884352 and an Enterprise Value of 436757632. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 0.28 whereas that against EBITDA is -2.791.
Stock Price History:
Over the past 52 weeks, BYON has reached a high of $39.27, while it has fallen to a 52-week low of $13.71. The 50-Day Moving Average of the stock is -33.36%, while the 200-Day Moving Average is calculated to be -36.65%.
Shares Statistics:
BYON traded an average of 1.89M shares per day over the past three months and 1755000 shares per day over the past ten days. A total of 45.41M shares are outstanding, with a floating share count of 45.08M. Insiders hold about 1.42% of the company’s shares, while institutions hold 68.45% stake in the company. Shares short for BYON as of 1715731200 were 3809698 with a Short Ratio of 2.02, compared to 1713139200 on 3869445. Therefore, it implies a Short% of Shares Outstanding of 3809698 and a Short% of Float of 8.430000399999999.
Earnings Estimates
A comprehensive evaluation of Beyond Inc (BYON) is underway, with the input of 6.0 analysts contributing to its current rating.On average, analysts expect EPS of -$0.71 for the current quarter, with a high estimate of -$0.63 and a low estimate of -$0.85, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.52, with high estimates of -$0.37 and low estimates of -$0.72.
Analysts are recommending an EPS of between -$2.91 and -$4.07 for the fiscal current year, implying an average EPS of -$3.33. EPS for the following year is -$0.63, with 7.0 analysts recommending between $0.5 and -$1.6.
Revenue Estimates
For the next quarter, 10 analysts are estimating revenue of $419.74M. There is a high estimate of $500M for the next quarter, whereas the lowest estimate is $354.6M.
A total of 11 analysts have provided revenue estimates for BYON’s current fiscal year. The highest revenue estimate was $1.8B, while the lowest revenue estimate was $1.5B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.56BBased on 11 analysts’ estimates, the company’s revenue will be $2.01B in the next fiscal year. The high estimate is $2.42B and the low estimate is $1.62B.
