There Is A Quest For Clarity Surrounding Beyond Inc (NYSE: BYON) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Beyond, Inc. Scheduled to Release Fourth Quarter & Full Year 2023 Financial Results on Feb 20, with a Premarket Call on Feb 21.

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Stocks Info

This NYSE-listed company operates within the Internet Retail industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $24.71 and fluctuated between $24.78 as its day high and $23.17 as its day low. The current market capitalization of Beyond Inc is $1.12B. A total of 0.79 million shares were traded on the day, compared to an average of 0.54 shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, BYON has seen 2 BUY and 0 SELL insider trades, representing the acquisition of 12,500 and the disposition of 0 shares. Over the last 12 months, there were 24 BUYs and 12 SELLs from insiders. Insiders purchased 266,120 shares during that period but sold 33,196.

In the most recent transaction, LEMONIS MARCUS bought 5,940 shares of BYON for 16.80 per share on Nov 14. After the transaction, the Director now owns 166,248 company shares. In a previous transaction on Nov 13, LEMONIS MARCUS bought 6,560 shares at 15.22 per share. BYON shares that Director owns now total 160,308.

Among the insiders who bought shares, LEMONIS MARCUS acquired of 6,455 shares on Nov 01 at a per-share price of $15.47. This resulted in the Director holding 153,748 shares of BYON after the transaction. In another insider transaction, TABACCO JOSEPH J JR bought 21,000 shares at $14.19 per share on Oct 30. Company shares held by the Director now total 113,414.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for BYON in the last 3 months, the mean price target is $30.14 with high estimates of $45.00 and low estimates of $16.00. In terms of 52-week highs and lows, BYON has a high of $39.27 and a low of $13.71.

As of this writing, BYON has an earnings estimate of -$0.73 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.61 per share and a lower estimate of -$0.9. The company reported an EPS of -$0.02 in the last quarter, which was 77.80% higher than expectations of -$0.09.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BYON’s latest balance sheet shows that the firm has $503.34M in Cash & Short Term Investments as of fiscal 2021. There were $51.35M in debt and $272.33M in liabilities at the time. Its Book Value Per Share was $11.39, while its Total Shareholder’s Equity was $744.39M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BYON is Buy with a score of 3.50.

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