Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $8.68 in the prior trading day, Beyond Inc (NYSE: BYON) closed at $9.26, up 6.68%. In other words, the price has increased by $6.68 from its previous closing price. On the day, 4.05 million shares were traded. BYON stock price reached its highest trading level at $9.9 during the session, while it also had its lowest trading level at $8.5.
Ratios:
Our goal is to gain a better understanding of BYON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
On October 25, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $13 to $9.
Maxim Group reiterated its Buy rating for the stock on October 25, 2024, while the target price for the stock was revised from $33 to $26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 28 ’24 when LEMONIS MARCUS bought 71,428 shares for $7.00 per share. The transaction valued at 499,996 led to the insider holds 436,958 shares of the business.
LEMONIS MARCUS bought 156,985 shares of BYON for $999,994 on Oct 27 ’24. The EXECUTIVE CHAIRMAN OF BOARD now owns 365,530 shares after completing the transaction at $6.37 per share. On Aug 14 ’24, another insider, Nettles William Benjamin JR, who serves as the Director of the company, sold 10,412 shares for $9.35 each. As a result, the insider received 97,352 and left with 11,368 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 424272832 and an Enterprise Value of 320295936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 0.217 whereas that against EBITDA is -1.574.
Stock Price History:
The Beta on a monthly basis for BYON is 3.88, which has changed by -0.65907305 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, BYON has reached a high of $37.10, while it has fallen to a 52-week low of $4.45. The 50-Day Moving Average of the stock is 45.04%, while the 200-Day Moving Average is calculated to be -12.06%.
Shares Statistics:
The stock has traded on average 3.00M shares per day over the past 3-months and 4334210 shares per day over the last 10 days, according to various share statistics. A total of 45.82M shares are outstanding, with a floating share count of 45.02M. Insiders hold about 2.22% of the company’s shares, while institutions hold 58.34% stake in the company. Shares short for BYON as of 1738281600 were 8818835 with a Short Ratio of 2.93, compared to 1735603200 on 8641918. Therefore, it implies a Short% of Shares Outstanding of 8818835 and a Short% of Float of 19.479999.
Earnings Estimates
The dynamic stock of Beyond Inc (BYON) is currently attracting attention from 7.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.59, with high estimates of -$0.45 and low estimates of -$0.71.
Analysts are recommending an EPS of between -$3.57 and -$4.71 for the fiscal current year, implying an average EPS of -$4.08. EPS for the following year is -$1.76, with 7.0 analysts recommending between -$0.96 and -$2.17.
Revenue Estimates
8 analysts predict $337.96M in revenue for the current quarter. It ranges from a high estimate of $428.5M to a low estimate of $303.1M. As of the current estimate, Beyond Inc’s year-ago sales were $384.46MFor the next quarter, 8 analysts are estimating revenue of $333.77M. There is a high estimate of $363.2M for the next quarter, whereas the lowest estimate is $281.1M.
A total of 8 analysts have provided revenue estimates for BYON’s current fiscal year. The highest revenue estimate was $1.43B, while the lowest revenue estimate was $1.39B, resulting in an average revenue estimate of $1.42B. In the same quarter a year ago, actual revenue was $1.56BBased on 8 analysts’ estimates, the company’s revenue will be $1.44B in the next fiscal year. The high estimate is $1.67B and the low estimate is $1.28B.
