Beyond Inc (NYSE:BYON) traded at $21.49 at close of the session on Friday, April 26, made an upward move of 1.27% on its previous day’s price.
Looking at the stock we see that its previous close was $21.22 . In terms of its 52-week price range, BYON has a high of $39.27 and a low of $13.71. The company’s stock has lost about -40.34% over that past 30 days.
Beyond Inc has a market cap of $982.74 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.86, with the EPS growth for the year raised at -$1.63 for 2024 and $0.03 for next year. These figures represent 16.40% and 101.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $389.26 million, with a low of $381.56 million and a high of $410.5 million. The median projection represents growth squeezing down to 8.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $1.87 billion, or 19.90% up from figures reported last year.
On the other hand, looking at the outlook for the BYON stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is -21.61% off its SMA20 and -29.38% from its 50-day simple moving average. The RSI (14) is pointing at 22.12 while the volatility over the past week is 5.71% and jumps to 5.75% over the past one month. The beta value is 3.91, while the average true range (ATR) is currently pointing at 1.53.
Coming back to Beyond Inc (NYSE:BYON), we note that the average 3-month trading volume was 1.46 million. Current shares outstanding are 45.41 million.
The insiders hold 1.35% of the company’s shares while institutions hold 76.79%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -22.39% down in year-to-date price movement.
