1 day Ago By ABMN Staff
Beyond ( NYSE:BYON – Free Report ) had its price objective reduced by Jefferies Financial Group from $6.50 to $5.00 in a research note issued to investors on Tuesday morning, Benzinga reports.
They currently have a hold rating on the stock. A number of other equities analysts have also issued reports on BYON. Barclays lowered their price target on Beyond from $8.
00 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, January 9th. Wedbush reissued an “outperform” rating and set a $15.
00 price target on shares of Beyond in a report on Tuesday, April 22nd. Maxim Group lowered their price objective on Beyond from $26.00 to $16.
00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. Finally, Needham & Company LLC lowered Beyond from a “buy” rating to a “hold” rating and set a $9.00 price objective on the stock.
in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.
com, the stock presently has an average rating of “Hold” and a consensus target price of $9.43. View Our Latest Stock Report on BYON Beyond Stock Down 1.
7 % Beyond ( NYSE:BYON – Get Free Report ) last posted its earnings results on Monday, April 28th. The company reported ($0.42) EPS for the quarter, topping analysts’ consensus estimates of ($0.
67) by $0.25. Beyond had a negative return on equity of 69.
32% and a negative net margin of 22.82%. The business had revenue of $231.
75 million for the quarter, compared to analysts’ expectations of $288.13 million. During the same quarter in the previous year, the firm earned ($1.
22) earnings per share. The business’s revenue was down 39.4% compared to the same quarter last year.
Analysts anticipate that Beyond will post -3.75 EPS for the current year. Insider Transactions at Beyond In other news, Chairman Marcus Lemonis purchased 19,193 shares of the firm’s stock in a transaction dated Thursday, March 13th.
The shares were acquired at an average price of $5.03 per share, with a total value of $96,540.79.
Following the purchase, the chairman now directly owns 456,151 shares of the company’s stock, valued at $2,294,439.53. The trade was a 4.
39 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link . Corporate insiders own 1.
60% of the company’s stock. Institutional Inflows and Outflows Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co.
raised its position in shares of Beyond by 34.7% during the 3rd quarter. JPMorgan Chase & Co.
now owns 389,694 shares of the company’s stock worth $3,928,000 after purchasing an additional 100,335 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Beyond by 12.
8% during the 3rd quarter. Franklin Resources Inc. now owns 21,299 shares of the company’s stock worth $217,000 after purchasing an additional 2,411 shares during the last quarter.
Refined Wealth Management raised its position in shares of Beyond by 14.8% during the 4th quarter. Refined Wealth Management now owns 401,095 shares of the company’s stock worth $1,977,000 after purchasing an additional 51,763 shares during the last quarter.
Wedbush Securities Inc. raised its position in shares of Beyond by 950.1% during the 4th quarter.
Wedbush Securities Inc. now owns 132,023 shares of the company’s stock worth $651,000 after purchasing an additional 119,450 shares during the last quarter. Finally, Pamplona Capital Management LLC acquired a new position in shares of Beyond during the 4th quarter worth approximately $1,630,000.
76.30% of the stock is currently owned by institutional investors and hedge funds. Beyond Company Profile ( Get Free Report ) 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. Further Reading Receive News & Ratings for Beyond Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beyond and related companies with MarketBeat.com's FREE daily email newsletter .
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