Here Is A Bargain Stock You Should Look At : Beyond Inc (BYON)

Beyond Inc (NYSE:BYON) has a beta value of 3.67 and has seen 0.45 million shares traded in the recent trading session. The company, currently valued at $425.70M, closed the recent trade at $9.31 per share which meant it lost -$0.31 on the day or -3.27% during that session. The BYON stock price is -298.5% off its 52-week high price of $37.10 and -1.5% below the 52-week low of $9.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.41 million shares traded. The 3-month trading volume is 2.24 million shares.

The consensus among analysts is that Beyond Inc (BYON) is Buy stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.72.

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Beyond Inc (NYSE:BYON) trade information

Sporting -3.27% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BYON stock price touched $9.31 or saw a rise of 14.59%. Year-to-date, Beyond Inc shares have moved -66.40%, while the 5-day performance has seen it change -12.46%. Over the past 30 days, the shares of Beyond Inc (NYSE:BYON) have changed -33.35%. Short interest in the company has seen 4.59 million shares shorted with days to cover at 2.2.

Wall Street analysts have a consensus price target for the stock at $38, which means that the shares’ value could jump 75.5% from the levels at last check today. The projected low price target is $26.0 while the price target rests at a high of $50.0. In that case, then, we find that the latest price level in today’s session is -437.06% off the targeted high while a plunge would see the stock gain -179.27% from the levels at last check today.

Beyond Inc (BYON) estimates and forecasts

Figures show that Beyond Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -62.34% over the past 6 months, with this year growth rate of -81.54%, compared to 14.60% for the industry. Revenue growth from the last financial year stood is estimated to be -1.90%.

7 analysts offering their estimates for the company have set an average revenue estimate of 354.32M for the current quarter. 7 have an estimated revenue figure of 394.61M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 0.08% over the past 5 years.

BYON Dividends

Beyond Inc is expected to release its next earnings report 2024-Oct-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity Blue Chip Growth Fund. As of Mar 31, 2024, the former fund manager holds about 3.08% shares in the company for having 1.41 shares of worth $13.07 million while later fund manager owns 1.25 shares of worth $11.6 million as of May 31, 2024, which makes it owner of about 2.73% of company’s outstanding stock.