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Beyond Meat (BYND)
NASDAQ:BYND
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BYND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.30 - $12.12
Previous Close$3.55
Volume4.69M
Average Volume (3M)3.03M
Market Cap
$231.47M
Enterprise Value$1.33B
Total Cash (Recent Filing)$121.73M
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Feb 20, 2025EPS Estimate
-$0.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.18
Shares Outstanding65,203,317
10 Day Avg. Volume3,539,738
30 Day Avg. Volume3,027,966
Standard Deviation0.23
R-Squared0.26
Alpha-0.05
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)-0.41
Price to Sales (P/S)0.72
Price to Cash Flow (P/CF)-2.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.11
Enterprise Value/Gross Profit-16.08
Enterprise Value/Ebitda-6.11
Forecast
1Y Price Target
$4.00Price Target Upside4.44% Upside
Rating ConsensusStrong Sell
Number of Analyst Covering6
Beyond Meat News
Bulls Say, Bears Say
Bulls Say
Market PositionThe company is well positioned to keep a large share of the alt-meat pie as total demand for its products is poised to grow again.
Sales PerformanceSales increased 7.6%, slightly better than consensus expectations of +6.4% and gross margin of 17.7% was in line consensus.
U.S. Market GrowthU.S. sales, which make up 60% of total sales, increased 15%, driven by 14.6% growth in retail and 15.5% growth in foodservice.
Bears Say
Cash Flow Concerns3Q free cash flow was -$24M and they ended the quarter with $135M in cash, down from $206M at the end of last year.
Financial StrategyThe company announced a $200M at-the-market equity program to support its cash balance, presenting major dilution risk.
Revenue PerformanceThe gap between U.S. retail shipment volume and Nielsen volume, along with reduced top-end revenue guidance, reinforces downside risks to revenue.
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Ownership Overview
6.84% Insiders
9.37% Mutual Funds
21.85% Other Institutional Investors
49.09% 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 $3.30 and its highest was $12.12 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 Feb 20, 2025 which is in 55 days.
How were Beyond Meat’s earnings last quarter?
Beyond Meat released its earnings results on Nov 06, 2024. The company reported -$0.41 earnings per share for the quarter, beating the consensus estimate of -$0.476 by $0.066.
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 -$0.44.
How many shares outstanding does Beyond Meat have?
Beyond Meat has 65,203,316 shares outstanding.
What happened to Beyond Meat’s price movement after its last earnings report?
Beyond Meat reported an EPS of -$0.41 in its last earnings report, beating expectations of -$0.476. Following the earnings report the stock price went down -11.246%.
Which hedge fund is a major shareholder of Beyond Meat?
Among the largest hedge funds holding Beyond Meat’s share is GMT Capital Corp. It holds Beyond Meat’s shares valued at 6M.
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Beyond Meat Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Sell
Average Price Target:
$4.00 (4.44% Upside)
$4.00 (4.44% Upside)
Blogger Sentiment
Bearish
BYND Sentiment 64%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 549.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $326.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-60.33%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-25.43%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted Beyond Meat's return to revenue growth, improved gross margins, and reductions in operating expenses, driven by strategic pricing and product innovations. However, challenges remain in certain segments like international foodservice and U.S. retail volume. The company is also focused on bolstering its balance sheet amid ongoing financial pressures.Read More>---
BYND Revenue Breakdown
63.19% Retail
36.81% Foodservice
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BYND Stock 12 Month Forecast
Average Price Target
$4.00
▲(4.44% Upside)
Technical Analysis
Best Analysts Covering BYND
1 Year
1 Year Success Rate
22/22 ratings generated profit
1 Year Average Return
+46.10%
assigned a sell rating 2 months 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 +46.10% per trade.
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