Maxim Group initiated coverage on shares of Beyond (NYSE:BYON – Free Report) in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $50.00 target price on the stock.
Other analysts have also recently issued reports about the stock. Wedbush restated an outperform rating and set a $35.00 price target (up from $33.00) on shares of Beyond in a research note on Wednesday, February 21st. Needham & Company LLC restated a buy rating and set a $40.00 target price on shares of Beyond in a research report on Friday, April 12th. Barclays lifted their price target on Beyond from $24.00 to $30.00 and gave the company an equal weight rating in a research report on Thursday, February 22nd. Compass Point assumed coverage on Beyond in a report on Thursday, February 1st. They set a buy rating and a $45.00 price objective on the stock. Finally, Piper Sandler lifted their target price on Beyond from $26.00 to $27.00 and gave the company a neutral rating in a report on Thursday, February 22nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Beyond has a consensus rating of Moderate Buy and a consensus target price of $39.00.
Check Out Our Latest Research Report on Beyond
Beyond Trading Down 1.0 %
Beyond (NYSE:BYON – Get Free Report) last issued 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). Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. The firm had revenue of $384.46 million for the quarter, compared to analysts’ expectations of $343.10 million. Sell-side analysts expect that Beyond will post -1.59 earnings per share for the current fiscal year.
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.
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