Analysts' ratings for Beyond BYON over the last quarter vary from bullish to bearish, as provided by 13 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 6 | 4 | 3 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 2 | 1 | 1 | 0 | 0 |
2M Ago | 1 | 0 | 0 | 0 | 0 |
3M Ago | 3 | 2 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $37.85, a high estimate of $50.00, and a low estimate of $26.00. Witnessing a positive shift, the current average has risen by 37.64% from the previous average price target of $27.50.
Diving into Analyst Ratings: An In-Depth Exploration
The perception of Beyond by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Pachter | Wedbush | Maintains | Outperform | $43.00 | - |
Michael Pachter | Wedbush | Maintains | Outperform | $43.00 | - |
Peter Keith | Piper Sandler | Lowers | Neutral | $26.00 | $27.00 |
Tom Forte | Maxim Group | Announces | Buy | $50.00 | - |
Anna Andreeva | Needham | Maintains | Buy | $40.00 | - |
Anna Andreeva | Needham | Maintains | Buy | $40.00 | - |
Peter Keith | Piper Sandler | Raises | Neutral | $27.00 | $26.00 |
Seth Sigman | Barclays | Raises | Equal-Weight | $30.00 | $24.00 |
Michael Pachter | Wedbush | Raises | Outperform | $35.00 | $33.00 |
Anna Andreeva | Needham | Maintains | Buy | $40.00 | - |
Michael Pachter | Wedbush | Maintains | Outperform | $33.00 | - |
Anna Andreeva | Needham | Maintains | Buy | $40.00 | - |
Joe Flynn | Compass Point | Announces | Buy | $45.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Beyond. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Beyond compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Beyond's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Beyond's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Beyond analyst ratings.
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All You Need to Know About Beyond
Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line accounts for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors, and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.
Understanding the Numbers: Beyond's Finances
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Challenges: Beyond's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -5.05%. This indicates a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -41.88%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Beyond's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -36.79%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -22.89%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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