This is What Makes Beyond Inc Stocks A Gamechanger?

Beyond Inc [BYON] stock is trading at $6.26, up 9.82%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BYON shares have gain 35.50% over the last week, with a monthly amount drifted -0.95%, 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 December 18, 2024, when Argus downgraded its rating to a Sell. Previously, Needham reaffirmed its Buy rating on October 25, 2024, and dropped its price target to $9. On October 25, 2024, Maxim Group reiterated its Buy rating and revised its price target to $26 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $6 on October 25, 2024. Maxim Group reiterated a Buy rating for this stock on May 08, 2024, and downed its price target to $36. In a note dated May 08, 2024, Needham downgraded an Hold rating on this stock.

Beyond Inc [BYON] stock has fluctuated between $4.45 and $37.10 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Beyond Inc [NYSE: BYON] shares were valued at $6.26 at the most recent close of the market. An investor can expect a potential return of 91.69% based on the average BYON price forecast.

Analyzing the BYON fundamentals

Beyond Inc [NYSE:BYON] reported sales of 1.48B for the trailing twelve months, which represents a drop of -16.58%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.

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 5.85 points at the first support level, and at 5.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.70, and for the 2nd resistance point, it is at 7.13.

Ratios To Look Out For

For context, Beyond Inc’s Current Ratio is 0.97. As well, the Quick Ratio is 0.91, while the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 1.46.

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.

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