Beyond (NYSE:BYON) Price Target Cut to $26.00 by Analysts at Piper Sandler

Beyond (NYSE:BYON) had its price target lowered by Piper Sandler from $27.00 to $26.00 in a report published on Thursday, Benzinga reports. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the stock. Compass Point initiated coverage on shares of Beyond in a research report on Thursday, February 1st. They set a buy rating and a $45.00 target price on the stock. Maxim Group initiated coverage on shares of Beyond in a research report on Wednesday. They set a buy rating and a $50.00 target price on the stock. Wedbush restated an outperform rating and set a $35.00 target price (up from $33.00) on shares of Beyond in a research report 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. Finally, Barclays raised their target price on shares of Beyond from $24.00 to $30.00 and gave the stock an equal weight rating in a research 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. According to MarketBeat, the stock has an average rating of Moderate Buy and a consensus target price of $37.67.

Beyond Trading Down 3.5 %

Shares of Beyond stock opened at $23.02 on Thursday. Beyond has a 52 week low of $13.71 and a 52 week high of $39.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51. The company has a 50 day moving average of $30.92.

Beyond (NYSE:BYON) last announced its quarterly earnings results on Tuesday, February 20th. The company reported ($1.22) EPS for the quarter, missing the consensus estimate of ($0.71) by ($0.51). The company had revenue of $384.46 million during the quarter, compared to analysts’ expectations of $343.10 million. Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. On average, sell-side analysts anticipate that Beyond will post -1.59 EPS for the current 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.