Beyond (BYON) Stock Price, News & Analysis

Company Overview

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. The company provides its products and services through its e-commerce platform accessible through its mobile application, which includes bedbathandbeyond.com, bedbathandbeyond.ca, and overstockgovernment.com. It also offers businesses advertising products or services on its website; Marketplace, a service that allows its partners to sell their products through third party sites; product sales to international customers using third party logistics providers; and Supplier Oasis, a singular integration point that enables partners to manage their products, inventory, and sales channels, as well as access multi-channel fulfillment services through its distribution network. The company was formerly known as Overstock.com, Inc. and changed its name to Beyond, Inc. in November 2023. Beyond, Inc. was founded in 1997 and is headquartered in Midvale, Utah.

Key Stats

• Today's Range: $5.83 to $6.22
• 50-Day Range: $5.92 to $11.39
• 52-Week Range: $5.83 to $37.10
• Volume: 1.87 million shs
• Average Volume: 1.97 million shs
• Market Capitalization: $272.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $16.50
• Consensus Rating: Hold

Beyond Stock Analysis - MarketRank™

Beyond scored higher than 79% of companies evaluated by MarketBeat, and ranked 101st out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Beyond has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Beyond has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Beyond are expected to grow in the coming year, from ($3.75) to ($1.77) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Beyond is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Beyond is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Beyond has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.31% of the float of Beyond has been sold short.

Short Interest Ratio / Days to Cover

Beyond has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Beyond has recently increased by 16.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Beyond does not currently pay a dividend.

Dividend Growth

Beyond does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.31% of the float of Beyond has been sold short.

Short Interest Ratio / Days to Cover

Beyond has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Beyond has recently increased by 16.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.10

News Sentiment

Beyond has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Beyond this week, compared to 5 articles on an average week.

Search Interest

22 people have searched for BYON on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.

MarketBeat Follows

3 people have added Beyond to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Beyond insiders have bought more of their company's stock than they have sold. Specifically, they have bought $999,994.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.20% of the stock of Beyond is held by insiders.

Percentage Held by Institutions

76.30% of the stock of Beyond is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BYON Stock Analysis - Frequently Asked Questions

How have BYON shares performed this year?

Beyond's stock was trading at $27.69 on January 1st, 2024. Since then, BYON shares have decreased by 78.6% and is now trading at $5.92.
View the best growth stocks for 2024 here.

How were Beyond's earnings last quarter?

Beyond, Inc. (NYSE:BYON) issued its quarterly earnings data on Monday, July, 29th. The company reported ($0.76) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.89) by $0.13. The company's quarterly revenue was down 5.7% compared to the same quarter last year.

Who are Beyond's major shareholders?

Top institutional shareholders of Beyond include State Street Corp (2.21%), Geode Capital Management LLC (2.17%), Royce & Associates LP (1.84%) and Charles Schwab Investment Management Inc. (1.29%). Insiders that own company stock include William Benjamin Nettles Jr and Joanna Catherine Burkey.
View institutional ownership trends.

How do I buy shares of Beyond?

Shares of BYON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Beyond own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Beyond investors own include Voyager Therapeutics (VYGR), American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 7/29/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Catalog & mail - order houses
• Sub-Industry: Retail
• Current Symbol: NYSE:BYON
• Previous Symbol: NASDAQ:BYON
• CUSIP: N/A
• CIK: 1130713
• Web: beyond.com
• Phone: 801-947-3100
• Fax: 801-944-4629
• Employees: 1,050
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.50
• High Stock Price Target: $45.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +178.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($7.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-307,840,000.00
• Net Margins: -22.82%
• Pretax Margin: -18.39%
• Return on Equity: -69.32%
• Return on Assets: -35.45%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.97
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $1.56 billion
• Price / Sales: 0.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $7.93 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 46,050,000
• Free Float: 45,493,000
• Market Cap: $272.62 million
• Optionable: Optionable
• Beta: 3.70