At the time of writing, Beyond Inc [BYON] stock is trading at $12.87, down -0.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The BYON shares have gain 2.55% over the last week, with a monthly amount drifted -14.94%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Beyond Inc [NYSE: BYON] stock has seen the most recent analyst activity on May 08, 2024, when Maxim Group reiterated its Buy rating and also revised its price target to $36 from $50. Previously, Needham downgraded its rating to Hold on May 08, 2024. On April 17, 2024, Maxim Group initiated with a Buy rating and assigned a price target of $50 on the stock. Compass Point started tracking the stock assigning a Buy rating and suggested a price target of $45 on February 01, 2024. Needham upgraded its rating to a Buy but $40 remained the price target by the analyst firm on January 05, 2024. In a note dated April 21, 2023, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $29 to $19.
For the past year, the stock price of Beyond Inc fluctuated between $12.18 and $39.27. Currently, Wall Street analysts expect the stock to reach $38 within the next 12 months. Beyond Inc [NYSE: BYON] shares were valued at $12.87 at the most recent close of the market. An investor can expect a potential return of 195.26% based on the average BYON price forecast.
Analyzing the BYON fundamentals
According to Beyond Inc [NYSE:BYON], the company’s sales were 1.56B for trailing twelve months, which represents an 0.30% jump. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.64, Equity is -0.86 and Total Capital is -0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.69 points at the first support level, and at 12.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.11, and for the 2nd resistance point, it is at 13.35.
Ratios To Look Out For
It is important to note that Beyond Inc [NYSE:BYON] has a current ratio of 1.24. On the other hand, the Quick Ratio is 1.19, and the Cash Ratio is 1.04. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 2.05.
Transactions by insiders
Recent insider trading involved LEMONIS MARCUS, EXECUTIVE CHAIRMAN OF BOARD, that happened on Jun 14 ’24 when 3700.0 shares were purchased. EXECUTIVE CHAIRMAN OF BOARD, LEMONIS MARCUS completed a deal on Jun 10 ’24 to buy 6920.0 shares. Meanwhile, EXECUTIVE CHAIRMAN OF BOARD LEMONIS MARCUS bought 17075.0 shares on Jun 06 ’24.
