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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$5.13 - $12.12
Previous Close$6.04
Volume2.94M
Average Volume (3M)2.70M
Market Cap
$392.83M
Enterprise Value$1.47B
Total Cash (Recent Filing)$144.87M
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)―
Beta1.93
Next Earnings
Nov 06, 2024EPS Estimate
-$0.48Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.87
Shares Outstanding65,038,387
10 Day Avg. Volume2,119,753
30 Day Avg. Volume2,704,284
Standard Deviation0.23
R-Squared0.27
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)-0.67
Price to Sales (P/S)1.25
Price to Cash Flow (P/CF)-6.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.61
Enterprise Value/Gross Profit-17.74
Enterprise Value/Ebitda-5.66
Forecast
1Y Price Target
$4.75Price Target Upside-21.36% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering7
Beyond Meat News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBeyond Meat reported one of the best quarters in several years with sales, gross margin and cash burn all better than expected.
Operational EfficiencyGross margin was the standout this quarter at 14.7%, far above the previous estimate and the highest level since 2021, due to lower cost of goods, efficiency efforts and higher selling prices.
Product DevelopmentThe team has made significant progress on product quality, especially with the burger and sausage platforms.
Bears Say
Equity DilutionA capital raise is expected in the near future to bolster the balance sheet, indicating financial challenges.
Financial PerformanceDeclining volumes and uncertain financial outlook lead to a neutral rating.
Revenue ChallengesThe poor demand for plant-based meat - reflected by lower volumes - hurts BYND's ability to drive sales and make a profit even with higher pricing.
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Ownership Overview
6.14% Insiders
9.51% Mutual Funds
1.33% Other Institutional Investors
70.81% 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 $5.13 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 Nov 06, 2024 which is tomorrow.
How were Beyond Meat’s earnings last quarter?
Beyond Meat released its earnings results on Aug 07, 2024. The company reported -$0.53 earnings per share for the quarter, missing the consensus estimate of -$0.525 by -$0.005.
Is Beyond Meat overvalued?
According to Wall Street analysts Beyond Meat’s price is currently Overvalued.
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 -$0.48.
How many shares outstanding does Beyond Meat have?
Beyond Meat has 65,038,380 shares outstanding.
What happened to Beyond Meat’s price movement after its last earnings report?
Beyond Meat reported an EPS of -$0.53 in its last earnings report, missing expectations of -$0.525. Following the earnings report the stock price went up 24.618%.
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 2M.
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Beyond Meat Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$4.75 (-21.36% Downside)
$4.75 (-21.36% Downside)
Blogger Sentiment
Neutral
BYND Sentiment 57%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 18.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.59%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-26.57%
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
Q2 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 Month Forecast
Average Price Target
$4.75
▼(-21.36% Downside)
Technical Analysis
Best Analysts Covering BYND
1 Year
1 Year Success Rate
21/21 ratings generated profit
1 Year Average Return
+37.83%
reiterated a sell rating 28 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 +37.83% per trade.
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