Beyond (NYSE:BYON – Free Report) had its target price decreased by Barclays from $30.00 to $22.00 in a report published on Wednesday, Benzinga reports. Barclays currently has an equal weight rating on the stock.
A number of other research firms also recently commented on BYON. Compass Point started coverage on Beyond in a report on Thursday, February 1st. They issued a buy rating and a $45.00 price objective on the stock. Wedbush dropped their target price on Beyond from $43.00 to $37.00 and set an outperform rating on the stock in a report on Wednesday. Needham & Company LLC downgraded Beyond from a buy rating to a hold rating in a report on Wednesday. Maxim Group dropped their price objective on Beyond from $50.00 to $36.00 and set a buy rating on the stock in a report on Wednesday. Finally, Piper Sandler decreased their target price on Beyond from $26.00 to $17.00 and set a neutral rating for the company in a research report on Wednesday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $32.83.
Read Our Latest Stock Analysis on Beyond
Beyond Price Performance
Beyond (NYSE:BYON – Get Free Report) last issued its quarterly earnings results on Monday, May 6th. The company reported ($1.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.92) by ($0.30). Beyond had a negative return on equity of 16.92% and a negative net margin of 19.72%. The business had revenue of $382.28 million during the quarter, compared to analyst estimates of $389.36 million. During the same period in the previous year, the business posted ($0.10) earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. Sell-side analysts expect that Beyond will post -1.85 EPS for the current fiscal year.
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.
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