Beyond Inc (NYSE: BYON): Can A Stock Be Down -60.38% YTD, And Still Be A Loser

Best AI Stocks

Beyond Inc (NYSE:BYON)’s traded shares stood at 0.63 million during the latest session, with the company’s beta value hitting 3.67. At the last check today, the stock’s price was $10.97, to imply an increase of 6.50% or $0.67 in intraday trading. The BYON share’s 52-week high remains $37.10, putting it -238.2% down since that peak but still an impressive 17.5% since price per share fell to its 52-week low of $9.05. The company has a valuation of $501.88M, with an average of 1.96 million shares in intraday trading volume over the past 10 days and average of 2.20 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Beyond Inc (BYON), translating to a mean rating of 2.64. Of 5 analyst(s) looking at the stock, 0 analyst(s) give BYON a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.67.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Beyond Inc (NYSE:BYON) trade information

After registering a 6.50% upside in the latest session, Beyond Inc (BYON) has traded red over the past five days. The 5-day price performance for the stock is 4.28%, and -18.01% over 30 days. With these gigs, the year-to-date price performance is -60.38%. Short interest in Beyond Inc (NYSE:BYON) saw shorts transact 4.86 million shares and set a 1.94 days time to cover.

The extremes give us $26 and $50 for target low and target high price respectively. As such, BYON has been trading -355.79% off suggested target high and -137.01% from its likely low.

Beyond Inc (BYON) estimates and forecasts

Looking at statistics comparing Beyond Inc share performance against respective industry, we note that the company has underperformed competitors. Beyond Inc (BYON) shares are -62.57% down over the last 6 months, with its year-to-date growth rate lower than industry average at -81.54% against 12.90%. Revenue is forecast to shrink -9.80% this quarter before jumping 57.40% for the next one. The rating firms project that company’s revenue will shrink -1.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 7 analysts is 354.32M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 394.61M.

BYON Dividends

Beyond Inc has its next earnings report out on 2024-Oct-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Beyond Inc (NYSE:BYON)’s Major holders

We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Beyond Inc (BYON) shares. Going by data provided on Mar 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 1.41 shares. This is just over 3.08% of the total shares, with a market valuation of $15.39 million. Data from the same date shows that the other fund manager holds a little less at 1.16, or 2.53% of the shares, all valued at about 12.68 million.