6,000 Shares in Beyond, Inc. (NYSE:BYON) Purchased by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC bought a new position in shares of Beyond, Inc. (NYSE:BYON) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,000 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in Beyond during the fourth quarter worth about $32,000. SG Americas Securities LLC acquired a new stake in Beyond during the fourth quarter worth about $67,000. Sigma Planning Corp acquired a new stake in Beyond during the fourth quarter worth about $75,000. Safe Harbor Fiduciary LLC acquired a new stake in Beyond during the third quarter worth about $80,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Beyond during the third quarter worth about $107,000. 76.30% of the stock is owned by institutional investors and hedge funds.

Beyond Stock Down 6.1 %

NYSE BYON opened at $6.00 on Tuesday. Beyond, Inc. has a one year low of $4.45 and a one year high of $37.10. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.91 and a current ratio of 0.97. The business has a fifty day moving average price of $6.94 and a 200 day moving average price of $7.82. The company has a market cap of $318.87 million, a P/E ratio of -0.81 and a beta of 3.81.

Beyond (NYSE:BYON) last issued its earnings results on Monday, February 24th. The company reported ($0.91) EPS for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.17). The business had revenue of $303.15 million during 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%. Research analysts anticipate that Beyond, Inc. will post -3.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on BYON. Barclays dropped their price objective on Beyond from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, January 9th. Wedbush reissued an “outperform” rating and issued a $15.00 price objective on shares of Beyond in a report on Wednesday, February 5th. Argus lowered Beyond from a “hold” rating to a “sell” rating in a report on Wednesday, December 18th. Finally, Maxim Group dropped their price objective on Beyond from $26.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $10.86.

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.