With 2.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.28 million shares. The 52-week range on BYON shows that it touched its highest point at $37.10 and its lowest point at $4.45 during that stretch. It currently has a 1-year price target of $14.75. Beta for the stock currently stands at 4.14.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BYON was down-trending over the past week, with a drop of -9.15%, but this was down by -38.88% over a month. Three-month performance dropped to -11.55% while six-month performance fell -45.58%. The stock lost -84.56% in the past year, while it has gained 8.72% so far this year. A look at the trailing 12-month EPS for BYON yields -5.54 with Next year EPS estimates of -1.15. For the next quarter, that number is -0.63. This implies an EPS growth rate of 47.71% for this year and 42.67% for next year. EPS is expected to grow by 50.09% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.95%.
Float and Shares Shorts:
At present, 53.07 million BYON shares are outstanding with a float of 52.11 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BYON since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.98359 being high and -$4.48572 being low. For BYON, this leads to a yearly average estimate of -$4.18444.
