Beyond Inc [NYSE: BYON] jumped around 0.51 points on Tuesday, while shares priced at $7.43 at the close of the session, up 7.37%.
Compared to the average trading volume of 3.09M shares, BYON reached a trading volume of 6031543 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Beyond Inc [BYON]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BYON shares is $15.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BYON stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for Beyond Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Needham raised their target price from $13 to $9. The new note on the price target was released on October 25, 2024, representing the official price target for Beyond Inc stock. Previously, the target price had yet another drop from $33 to $26, while Maxim Group kept a Buy rating on BYON stock. On October 25, 2024, analysts decreased their price target for BYON shares from 12.50 to 6.
The Average True Range (ATR) for Beyond Inc is set at 0.89, with the Price to Sales ratio for BYON stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 4.04.
How has BYON stock performed recently?
Beyond Inc [BYON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.70. With this latest performance, BYON shares dropped by -3.63% in over the last four-week period, additionally sinking by -27.86% over the last 6 months – not to mention a drop of -72.88% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BYON stock in for the last two-week period is set at 47.08, with the RSI for the last a single of trading hit 42.53, and the three-weeks RSI is set at 49.32 for Beyond Inc [BYON]. The present Moving Average for the last 50 days of trading for this stock 6.75, while it was recorded at 7.83 for the last single week of trading, and 9.98 for the last 200 days.
Beyond Inc [BYON]: Deeper insight into the fundamentals
Beyond Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.96 and a Current Ratio set at 1.01.
Earnings analysis for Beyond Inc [BYON]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BYON. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Beyond Inc go to 55.65%.
