Wedbush Estimates Beyond’s FY2027 Earnings (NYSE:BYON)

Beyond, Inc. (NYSE:BYON) – Stock analysts at Wedbush issued their FY2027 earnings per share (EPS) estimates for shares of Beyond in a research report issued to clients and investors on Tuesday, February 25th. Wedbush analyst M. Pachter forecasts that the company will post earnings per share of ($0.74) for the year. Wedbush has a “Outperform” rating and a $15.00 price objective on the stock. The consensus estimate for Beyond’s current full-year earnings is ($3.75) per share.

BYON has been the topic of a number of other reports. Maxim Group cut their price objective on Beyond from $26.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday. Argus downgraded Beyond from a “hold” rating to a “sell” rating in a research note on Wednesday, December 18th. Finally, Barclays cut their price objective on Beyond from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 9th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Beyond has an average rating of “Hold” and a consensus price target of $10.86.

Beyond Stock Down 9.2 %

Shares of Beyond stock opened at $6.75 on Thursday. The firm has a market cap of $310.58 million, a price-to-earnings ratio of -0.91 and a beta of 3.81. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.91. Beyond has a 52-week low of $4.45 and a 52-week high of $37.10. The stock has a 50-day simple moving average of $6.87 and a 200-day simple moving average of $7.91.

Beyond (NYSE:BYON) last announced its quarterly earnings results on Monday, February 24th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.74) by ($0.17). The firm had revenue of $303.15 million for the quarter, compared to analyst estimates of $337.96 million. Beyond had a negative net margin of 22.82% and a negative return on equity of 69.32%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC bought a new position in Beyond in the 4th quarter worth approximately $30,000. Canada Pension Plan Investment Board bought a new position in Beyond in the 4th quarter worth approximately $32,000. R Squared Ltd bought a new position in Beyond in the 4th quarter worth approximately $32,000. Skandinaviska Enskilda Banken AB publ increased its position in Beyond by 68.4% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 6,592 shares of the company’s stock worth $32,000 after buying an additional 2,678 shares during the period. Finally, Safe Harbor Fiduciary LLC bought a new position in Beyond in the 3rd quarter worth approximately $80,000. 76.30% of the stock is owned by institutional investors.

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.