Beyond Inc (BYON) Stock Price and Analyst Predictions

The stock has a 36-month beta value of 3.75. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for BYON is 45.04M, and at present, short sellers hold a 8.46% of that float. On June 05, 2024, the average trading volume of BYON was 1.85M shares.

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BYON) stock’s latest price update

The stock of Beyond Inc (NYSE: BYON) has decreased by -1.70 when compared to last closing price of 15.31. Despite this, the company has experienced a -0.73% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-03 that MIDVALE, Utah, June 03, 2024 (GLOBE NEWSWIRE) — Beyond, Inc. (NYSE:BYON), owner of Overstock, Bed Bath & Beyond, Zulily, and other online retail brands designed to unlock your home’s potential, today announced that the company will be participating in the following investor events:

BYON’s Market Performance

BYON’s stock has fallen by -0.73% in the past week, with a monthly drop of -31.25% and a quarterly drop of -57.15%. The volatility ratio for the week is 3.65% while the volatility levels for the last 30 days are 7.19% for Beyond Inc The simple moving average for the past 20 days is -10.41% for BYON’s stock, with a -33.96% simple moving average for the past 200 days.

Analysts’ Opinion of BYON

Many brokerage firms have already submitted their reports for BYON stocks, with Maxim Group repeating the rating for BYON by listing it as a “Buy.” The predicted price for BYON in the upcoming period, according to Maxim Group is $36 based on the research report published on May 08, 2024 of the current year 2024.

Maxim Group gave a rating of “Buy” to BYON, setting the target price at $50 in the report published on April 17th of the current year.

BYON Trading at -33.85% from the 50-Day Moving Average

After a stumble in the market that brought BYON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.68% of loss for the given period.

Volatility was left at 7.19%, however, over the last 30 days, the volatility rate increased by 3.65%, as shares sank -7.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.70% lower at present.

During the last 5 trading sessions, BYON rose by +0.53%, which changed the moving average for the period of 200-days by -42.05% in comparison to the 20-day moving average, which settled at $16.73. In addition, Beyond Inc saw -45.65% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BYON starting from Burkey Joanna Catherine, who sale 610 shares at the price of $16.73 back on May 22 ’24. After this action, Burkey Joanna Catherine now owns 5,372 shares of Beyond Inc, valued at $10,205 using the latest closing price.

Shapiro Robert Jacob, the Director of Beyond Inc, purchase 2,000 shares at $17.28 during a trade that took place back on May 09 ’24, which means that Shapiro Robert Jacob is holding 28,728 shares at $34,560 based on the most recent closing price.

Stock Fundamentals for BYON

Current profitability levels for the company are sitting at:

  • -0.03 for the present operating margin
  • 0.19 for the gross margin

The net margin for Beyond Inc stands at -0.24. The total capital return value is set at -0.13. Equity return is now at value -80.03, with -50.72 for asset returns.

Based on Beyond Inc (BYON), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -2.0.

Currently, EBITDA for the company is -225.36 million with net debt to EBITDA at 0.74. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 67.67for trailing twelve months and the total asset turnover is 2.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.

Conclusion

To sum up, Beyond Inc (BYON) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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