BYON Stock Summary and Trading Ideas (Beyond | NYSE:BYON)

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.

Beyond trades on the NYSE stock market under the symbol BYON.

As of November 15, 2024, BYON stock price declined to $6.09 with 1,744,287 million shares trading.

BYON has a beta of 2.53, meaning it tends to be more sensitive to market movements. BYON has a correlation of 0.12 to the broad based SPY ETF.

BYON has a market cap of $279.03 million. This is considered a Small Cap stock.

Last quarter Beyond reported $311 million in Revenue and -$.96 earnings per share. This fell short of revenue expectation by $-42 million and missed earnings estimates by -$.24.

The top ETF exchange traded funds that BYON belongs to (by Net Assets): VTI, IWM, BLOK, VB, VXF.

BYON has underperformed the market in the last year with a price return of -64.5% while the SPY ETF gained +31.8%. BYON has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -42.6% and -4.1%, respectively, while the SPY returned +6.2% and +2.6%, respectively.

BYON support price is $5.87 and resistance is $6.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BYON shares will trade within this expected range on the day.