Beyond (BYON) Expected to Announce Quarterly Earnings on Monday

Beyond (NYSE:BYON) is anticipated to issue its quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of ($0.67) per share and revenue of $288.13 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Beyond (NYSE:BYON) last issued its quarterly earnings results on Monday, February 24th. The company reported ($0.91) EPS for the quarter, missing the consensus estimate of ($0.74) by ($0.17). The business had revenue of $303.15 million for the quarter, compared to the consensus estimate of $337.96 million. Beyond had a negative return on equity of 69.32% and a negative net margin of 22.82%. On average, analysts expect Beyond to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Beyond Price Performance

NYSE:BYON opened at $4.11 on Monday. Beyond has a 52-week low of $3.54 and a 52-week high of $24.25. The company has a market cap of $227.07 million, a P/E ratio of -0.56 and a beta of 4.09. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.91 and a current ratio of 0.97. The stock’s 50-day simple moving average is $5.63 and its 200 day simple moving average is $6.46.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BYON shares. Maxim Group dropped their price objective on Beyond from $26.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Wedbush reaffirmed an “outperform” rating and set a $15.00 price target on shares of Beyond in a research report on Wednesday, March 19th. Jefferies Financial Group decreased their price objective on shares of Beyond from $7.25 to $6.50 and set a “hold” rating for the company in a research report on Monday, March 10th. Needham & Company LLC cut shares of Beyond from a “buy” rating to a “hold” rating and set a $9.00 target price on the stock. in a report on Wednesday, March 5th. Finally, Barclays reduced their price target on Beyond from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $9.64.

Insider Activity at Beyond

In other news, Chairman Marcus Lemonis acquired 19,193 shares of Beyond stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $5.03 per share, for a total transaction of $96,540.79. Following the completion of the acquisition, the chairman now directly owns 456,151 shares in the company, valued at approximately $2,294,439.53. The trade was a 4.39 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is owned by company insiders.

Beyond Company Profile

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.