Beyond Inc (NYSE: BYON): Performance Review And Growth Outlook

In the last trading session, 1.1 million Beyond Inc (NYSE:BYON) shares changed hands as the company’s beta touched 3.73. With the company’s per share price at $5.55 changed hands at -$0.39 or -6.57% during last session, the market valuation stood at $255.55M. BYON’s last price was a discount, traded about -568.47% off its 52-week high of $37.10. The share price had its 52-week low at $4.45, which suggests the last value was 19.82% up since then. When we look at Beyond Inc’s average trading volume, we note the 10-day average is 3.19 million shares, with the 3-month average coming to 2.82 million.

Analysts gave the Beyond Inc (BYON) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended BYON as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Beyond Inc’s EPS for the current quarter is expected to be -0.75.

Beyond Inc (NYSE:BYON) trade information

Instantly BYON was in red as seen at the end of in last trading. With action -11.34%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 12.58%, with the 5-day performance at -11.34% in the red. Looking at the short shares, we see there were 8.64 million shares sold at short interest cover period of 3.28 days.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 53.75% from its current market value. According to analyst projections, BYON’s forecast low is 11 with 13 as the target high. To hit the forecast high, the stock’s price needs a -134.23% plunge from its current level, while the stock would need to soar -98.2% for it to hit the projected low.

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 -58.80% over the past 6 months, a -92.31% in annual growth rate that is considerably lower than the industry average of 12.70%. Year-over-year growth is forecast to reach -8.85% down from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 343.78M. 7 analysts are of the opinion that Beyond Inc’s revenue for the current quarter will be 347.73M. The company’s revenue for the corresponding quarters a year ago was 384.46M and 382.28M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -10.58%. The estimates for the next quarter sales put growth at -9.04%.

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 2025 estimates are for Beyond Inc earnings to decrease by -114.68%.

BYON Dividends

Beyond Inc is expected to release its next quarterly earnings report in February.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 1.44 shares estimated at $8.01 million under it, the former controlled 3.14% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.62% of the shares, roughly 1.21 shares worth around $6.7 million.