What is Wedbush’s Estimate for Beyond FY2027 Earnings?

Beyond, Inc. (NYSE:BYON) – Analysts at Wedbush issued their FY2027 EPS estimates for Beyond in a research note issued on Tuesday, February 25th. Wedbush analyst M. Pachter expects that the company will post earnings per share of ($0.74) for the year. Wedbush has a “Outperform” rating and a $15.00 price objective on the stock. The consensus estimate for Beyond’s current full-year earnings is ($3.75) per share.

A number of other research analysts have also recently issued reports on BYON. Maxim Group reduced their price objective on shares of Beyond from $26.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday. Argus cut shares of Beyond from a “hold” rating to a “sell” rating in a report on Wednesday, December 18th. Finally, Barclays reduced their price objective on shares of Beyond from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Beyond currently has a consensus rating of “Hold” and an average price target of $10.86.

Beyond Stock Up 0.2 %

Shares of NYSE BYON opened at $6.40 on Thursday. The stock has a market capitalization of $339.86 million, a P/E ratio of -0.87 and a beta of 3.81. The company has a 50-day moving average price of $6.92 and a 200-day moving average price of $7.88. Beyond has a 1 year low of $4.45 and a 1 year high of $37.10. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.91.

Beyond (NYSE:BYON) last issued its quarterly earnings data on Monday, February 24th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.17). The business had revenue of $303.15 million for the quarter, compared to analyst estimates of $337.96 million. Beyond had a negative net margin of 22.82% and a negative return on equity of 69.32%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Beyond by 18.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 116,431 shares of the company’s stock worth $574,000 after purchasing an additional 17,810 shares during the last quarter. Two Sigma Advisers LP raised its position in Beyond by 362.8% in the fourth quarter. Two Sigma Advisers LP now owns 901,500 shares of the company’s stock worth $4,444,000 after acquiring an additional 706,700 shares during the period. Two Sigma Investments LP raised its position in Beyond by 75.1% in the fourth quarter. Two Sigma Investments LP now owns 916,178 shares of the company’s stock worth $4,517,000 after acquiring an additional 392,977 shares during the period. Tidal Investments LLC raised its position in Beyond by 140.4% in the fourth quarter. Tidal Investments LLC now owns 2,406,746 shares of the company’s stock worth $11,865,000 after acquiring an additional 1,405,770 shares during the period. Finally, Sherbrooke Park Advisers LLC bought a new stake in Beyond in the fourth quarter worth about $179,000. 76.30% of the stock is currently owned by hedge funds and other institutional investors.

About Beyond

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.