Beyond (BYON) Scheduled to Post Earnings on Monday

Beyond (NYSE:BYON) is scheduled to post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Beyond to post earnings of ($0.88) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Beyond (NYSE:BYON) last announced its quarterly earnings data on Tuesday, February 20th. The company reported ($1.22) EPS for the quarter, missing the consensus estimate of ($0.71) by ($0.51). The business had revenue of $384.46 million during the quarter, compared to the consensus estimate of $343.10 million. Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. On average, analysts expect Beyond to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beyond Price Performance

Beyond stock opened at $22.28 on Friday. The firm has a 50-day moving average of $29.88. 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 has a 1 year low of $13.71 and a 1 year high of $39.27. The stock has a market cap of $1.02 billion, a PE ratio of -3.28 and a beta of 3.92.

Analyst Ratings Changes

BYON has been the subject of a number of recent analyst reports. Wedbush reissued an “outperform” rating and issued a $43.00 price objective on shares of Beyond in a research report on Tuesday, April 30th. Piper Sandler lowered their target price on Beyond from $27.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 18th. Compass Point began coverage on Beyond in a research note on Thursday, February 1st. They issued a “buy” rating and a $45.00 price target for the company. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Beyond in a report on Friday, April 12th. Finally, Barclays lifted their price target on Beyond from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 22nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $39.00.

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.