Beyond (BYON) Projected to Post Quarterly Earnings on Monday

Beyond (NYSE:BYON) is projected to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of ($0.73) per share and revenue of $337.96 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Beyond Stock Down 11.1 %

BYON stock opened at $7.64 on Friday. Beyond has a 12 month low of $4.45 and a 12 month high of $37.10. The firm has a market cap of $351.59 million, a PE ratio of -1.03 and a beta of 3.81. The firm has a 50 day simple moving average of $6.70 and a 200 day simple moving average of $8.01. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.91.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Maxim Group reduced their price target on shares of Beyond from $33.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Wedbush reiterated an “outperform” rating and set a $15.00 price target on shares of Beyond in a report on Wednesday, February 5th. Piper Sandler dropped their price target on shares of Beyond from $14.00 to $8.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Bank of America lowered shares of Beyond from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $12.50 to $6.00 in a research note on Friday, October 25th. Finally, Argus lowered shares of Beyond from a “hold” rating to a “sell” rating in a research note on Wednesday, December 18th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.29.

About Beyond

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.