Beyond (BYON) Set to Announce Earnings on Monday

Beyond (NYSE:BYON) will be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.88) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Beyond (NYSE:BYON) last posted its quarterly earnings results on Tuesday, February 20th. The company reported ($1.22) EPS for the quarter, missing the consensus estimate of ($0.71) by ($0.51). Beyond had a negative return on equity of 16.92% and a negative net margin of 19.72%. The company had revenue of $384.46 million for the quarter, compared to analysts’ expectations of $343.10 million. On average, analysts expect Beyond to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beyond Stock Up 1.3 %

NYSE BYON opened at $21.49 on Monday. Beyond has a 52 week low of $13.71 and a 52 week high of $39.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51. The business’s fifty day moving average is $30.55. The stock has a market cap of $982.74 million, a price-to-earnings ratio of -3.16 and a beta of 3.76.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Maxim Group assumed coverage on shares of Beyond in a report on Wednesday, April 17th. They issued a “buy” rating and a $50.00 price objective on the stock. Barclays boosted their price objective on shares of Beyond from $24.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, February 22nd. Piper Sandler reduced their price objective on shares of Beyond from $27.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 18th. Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective on shares of Beyond in a report on Friday, April 12th. Finally, Compass Point began coverage on shares of Beyond in a report on Thursday, February 1st. They issued a “buy” rating and a $45.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Beyond presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.00.

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.