Wedbush reissued their outperform rating on shares of Beyond (NYSE:BYON – Free Report) in a report issued on Friday morning, Benzinga reports. Wedbush currently has a $43.00 price objective on the stock.
Several other brokerages have also recently issued reports on BYON. Compass Point assumed coverage on Beyond in a report on Thursday, February 1st. They issued a buy rating and a $45.00 target price on the stock. Needham & Company LLC reaffirmed a buy rating and issued a $40.00 target price on shares of Beyond in a report on Friday, April 12th. Piper Sandler reduced their target price on Beyond from $27.00 to $26.00 and set a neutral rating on the stock in a report on Thursday, April 18th. Maxim Group assumed coverage on Beyond in a report on Wednesday, April 17th. They issued a buy rating and a $50.00 target price on the stock. Finally, Barclays lifted their target price on Beyond from $24.00 to $30.00 and gave the stock an equal weight rating in a report on Thursday, February 22nd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Beyond currently has an average rating of Moderate Buy and an average target price of $39.00.
View Our Latest Analysis on Beyond
Beyond Stock Down 0.6 %
Beyond (NYSE:BYON – Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The company reported ($1.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.71) by ($0.51). The business had revenue of $384.46 million for the quarter, compared to the consensus estimate of $343.10 million. Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. Sell-side analysts anticipate that Beyond will post -1.77 earnings per share for the current fiscal year.
About Beyond
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.
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