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Beyond Meat (BYND)
NASDAQ:BYND
Beyond Meat (BYND) Stock Price & Analysis
7,052 Followers
BYND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.58 - $19.25
Previous Close$6.07
Volume1.56M
Average Volume (3M)3.49M
Market Cap
$392.59M
Enterprise Value$1.42B
Total Cash (Recent Filing)$190.50M
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)-1.2
Beta2.05
Next Earnings
May 08, 2024EPS Estimate
-$0.66Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.25
Shares Outstanding64,677,261
10 Day Avg. Volume1,590,594
30 Day Avg. Volume3,489,011
Standard Deviation0.25
R-Squared0.26
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-0.78
Price to Sales (P/S)1.14
Price to Cash Flow (P/CF)-3.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.13
Enterprise Value/Gross Profit-17.17
Enterprise Value/Ebitda-5.10
Forecast
1Y Price Target
$6.14Price Target Upside1.15% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering9
Beyond Meat News
PremiumCompany Announcements
Beyond Meat Welcomes New Principal Accounting Officer
Bulls Say, Bears Say
Bulls Say
Financial StrategyBYND announced a $250mn shelf registration considered a positive as it allows BYND to refocus on an operational turnaround.
Market PotentialThe plant-based meat industry has an opportunity to reignite consumer demand if companies like BYND focus on core products and leverage international operations.
Operational EfficiencyManagement's decisions to eliminate unprofitable products like Beyond Jerky, slash operating costs and raise prices in a quest to improve its economics.
Bears Say
Financial RiskThe potential dilutive impact from a capital raise is a concern for the value of current shares.
Operational ConcernsReduced marketing investments and headcount reductions may sacrifice long-term growth for short-term cash preservation.
Performance Outlook2024's outlook appears very optimistic, resting on a spike in gross margin dependent on price increases and aggressive opex cuts despite weak demand.
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Ownership Overview
16.52% Insiders
11.28% Mutual Funds
13.80% Other Institutional Investors
58.40% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Beyond Meat
Desktop Users
Mobile Users
BYND FAQ
What was Beyond Meat’s price range in the past 12 months?
Beyond Meat lowest stock price was $5.58 and its highest was $19.25 in the past 12 months.
What is Beyond Meat’s market cap?
Currently, no data Available
When is Beyond Meat’s upcoming earnings report date?
Beyond Meat’s upcoming earnings report date is May 08, 2024 which is in 13 days.
How were Beyond Meat’s earnings last quarter?
Beyond Meat released its earnings results on Feb 27, 2024. The company reported -$2.4 earnings per share for the quarter, missing the consensus estimate of -$0.892 by -$1.508.
Is Beyond Meat overvalued?
According to Wall Street analysts Beyond Meat’s price is currently Undervalued.
Does Beyond Meat pay dividends?
Beyond Meat does not currently pay dividends.
What is Beyond Meat’s EPS estimate?
Beyond Meat’s EPS estimate is -$0.66.
How many shares outstanding does Beyond Meat have?
Beyond Meat has 64,677,260 shares outstanding.
What happened to Beyond Meat’s price movement after its last earnings report?
Beyond Meat reported an EPS of -$2.4 in its last earnings report, missing expectations of -$0.892. Following the earnings report the stock price went up 30.718%.
Which hedge fund is a major shareholder of Beyond Meat?
Among the largest hedge funds holding Beyond Meat’s share is Coatue Management, LLC. It holds Beyond Meat’s shares valued at 1M.
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Beyond Meat Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$6.14 (1.15% Upside)
$6.14 (1.15% Upside)
Blogger Sentiment
Bearish
BYND Sentiment 65%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 365.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-56.91%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-27.09%
Trailing 12-Months
Company Description
Beyond Meat
Beyond Meat, Inc. engages in the provision of plant-based meats. Its products include ready-to-cook meat under the brands The Beyond Burger and Beyond Sausage; and frozen meat namely Beyond Chicken Strips and Beyond Beef Crumbles. The company was founded by Ethan Walden Brown and Brent Taylor in 2009 and is headquartered in El Segundo, CA.
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BYND Earnings Call
Q4 2024
0:00 / 0:00
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BYND Revenue Breakdown
63.19% Retail
36.81% Foodservice
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BYND Stock 12 Months Forecast
Average Price Target
$6.14
▲(1.15% Upside)
Technical Analysis
Best Analysts Covering BYND
1 Year
1 Year Success Rate
18/18 ratings generated profit
1 Year Average Return
+42.72%
reiterated a sell rating 17 days ago
Copying Michael Lavery's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +42.72% per trade.
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