Beyond (NYSE:BYON) Now Covered by Analysts at Maxim Group

Maxim Group initiated coverage on shares of Beyond (NYSE:BYON) in a research note released on Wednesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $50.00 price objective on the stock.

Other equities analysts have also issued reports about the stock. Barclays upped their price objective on shares of Beyond from $24.00 to $30.00 and gave the stock an equal weight rating in a report on Thursday, February 22nd. Wedbush reiterated an outperform rating and set a $35.00 target price (up from $33.00) on shares of Beyond in a report on Wednesday, February 21st. Needham & Company LLC reiterated a buy rating and set a $40.00 target price on shares of Beyond in a report on Friday, April 12th. Piper Sandler increased their target price on shares of Beyond from $26.00 to $27.00 and gave the stock a neutral rating in a report on Thursday, February 22nd. Finally, Compass Point assumed coverage on shares of Beyond in a report on Thursday, February 1st. They set a buy rating and a $45.00 target price on the stock. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Beyond presently has a consensus rating of Moderate Buy and a consensus price target of $37.83.

Beyond Price Performance

Beyond stock opened at $23.86 on Wednesday. The company has a 50 day moving average price of $30.93. Beyond has a 1-year low of $13.71 and a 1-year high of $39.27. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.51 and a quick ratio of 1.45.

Beyond (NYSE:BYON) last issued 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). Beyond had a negative return on equity of 16.92% and a negative net margin of 19.72%. The company had revenue of $384.46 million during the quarter, compared to analyst estimates of $343.10 million. Equities analysts forecast that Beyond will post -1.59 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.