A share price of Beyond Inc [BYON] is currently trading at $6.29, up 3.62%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BYON shares have gain 9.39% over the last week, with a monthly amount drifted -5.41%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Beyond Inc [NYSE: BYON] stock has seen the most recent analyst activity on October 25, 2024, when Needham reiterated its Buy rating and also revised its price target to $9 from $13. Previously, Maxim Group reaffirmed its Buy rating on October 25, 2024, and dropped its price target to $26. On October 25, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $6 on the stock. Maxim Group reiterated its recommendation of a Buy and reduced its price target to $36 on May 08, 2024. Needham downgraded its rating to Hold for this stock on May 08, 2024. In a note dated April 17, 2024, Maxim Group initiated an Buy rating and provided a target price of $50 on this stock.
Beyond Inc experienced fluctuations in its stock price throughout the past year between $5.57 and $37.10. Currently, Wall Street analysts expect the stock to reach $27.2 within the next 12 months. Beyond Inc [NYSE: BYON] shares were valued at $6.29 at the most recent close of the market. An investor can expect a potential return of 332.43% based on the average BYON price forecast.
Analyzing the BYON fundamentals
Trailing Twelve Months sales for Beyond Inc [NYSE:BYON] were 1.48B which represents -16.58% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.79, Equity is -1.24 and Total Capital is -0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 6.09 points at the first support level, and at 5.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.42, and for the 2nd resistance point, it is at 6.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Beyond Inc [NYSE:BYON] is 0.97. In addition, the Quick Ratio stands at 0.91 and the Cash Ratio stands at 0.74. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 1.47.
Transactions by insiders
Recent insider trading involved LEMONIS MARCUS, EXECUTIVE CHAIRMAN OF BOARD, that happened on Oct 28 ’24 when 71428.0 shares were purchased. EXECUTIVE CHAIRMAN OF BOARD, LEMONIS MARCUS completed a deal on Oct 27 ’24 to buy 0.16 million shares. Meanwhile, Director Nettles William Benjamin JR sold 10412.0 shares on Aug 14 ’24.
