Is Beyond Inc (NYSE: BYON) Stock Poised for More Growth?

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In the latest trading session, 0.54 million Beyond Inc (NYSE:BYON) shares changed hands as the company’s beta touched 3.91. With the company’s most recent per share price at $22.02 changed hands at -$0.26 or -1.16% at last look, the market valuation stands at $1.01B. BYON’s current price is a discount, trading about -78.34% off its 52-week high of $39.27. The share price had its 52-week low at $13.71, which suggests the last value was 37.74% up since then. When we look at Beyond Inc’s average trading volume, we note the 3-month average coming to 1.52 million.

Beyond Inc (NYSE:BYON) trade information

Instantly BYON was in red as seen in intraday trades today. With action 6.59%, the performance over the past five days has been green. The drop to weekly highs of 22.65 subtracted -1.16% to the stock’s daily price. The company’s shares are showing year-to-date downside of -20.47%, with the 5-day performance at 6.59% in the green. However, in the 30-day time frame, Beyond Inc (NYSE:BYON) is -26.59% down.

Beyond Inc (BYON) estimates and forecasts

Data shows that the Beyond Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 38.42% over the past 6 months, a 5.13% in annual growth rate that is considerably lower than the industry average of 14.70%. Year-over-year growth is forecast to reach 19.40% up from the last financial year.

Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 389.26M. 10 analysts are of the opinion that Beyond Inc’s revenue for the current quarter will be 466.23M. The company’s revenue for the corresponding quarters a year ago was 357.52M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0.08%. The 2024 estimates are for Beyond Inc earnings to increase by 10.13%.