Beyond (BYON) to Release Earnings on Monday

Beyond (NYSE:BYON) is scheduled to issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.88) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Beyond (NYSE:BYON) last issued its quarterly earnings data on Tuesday, February 20th. The company reported ($1.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.71) by ($0.51). Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. The business had revenue of $384.46 million during the quarter, compared to the consensus estimate of $343.10 million. On average, analysts expect Beyond to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beyond Stock Performance

Shares of NYSE:BYON opened at $22.29 on Friday. The firm has a fifty day simple moving average of $30.02. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51. Beyond has a twelve month low of $13.71 and a twelve month high of $39.27. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of -3.28 and a beta of 3.92.

Analysts Set New Price Targets

Several research firms have weighed in on BYON. Piper Sandler lowered their price objective on shares of Beyond from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 18th. Compass Point assumed coverage on Beyond in a research note on Thursday, February 1st. They issued a “buy” rating and a $45.00 target price for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target on shares of Beyond in a research note on Friday, April 12th. Maxim Group began coverage on Beyond in a report on Wednesday, April 17th. They set a “buy” rating and a $50.00 price objective for the company. Finally, Barclays lifted their price target on shares of Beyond from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 22nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Beyond currently has an average rating of “Moderate Buy” and an average price target of $39.00.

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.