Beyond Meat (BYND) Stock Price, News & Analysis

Company Overview

Beyond Meat, Inc., a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.

Key Stats

• Today's Range: $3.44 to $3.64
• 50-Day Range: $3.41 to $6.61
• 52-Week Range: $3.30 to $12.12
• Volume: 1.80 million shs
• Average Volume: 3.05 million shs
• Market Capitalization: $231.47 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.50
• Consensus Rating: Reduce

Beyond Meat Stock Analysis - MarketRank™

Beyond Meat scored higher than 57% of companies evaluated by MarketBeat, and ranked 92nd out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Beyond Meat has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 3 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Beyond Meat has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Beyond Meat are expected to grow in the coming year, from ($2.09) to ($1.66) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Beyond Meat is -0.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Beyond Meat is -0.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

46.09% of the float of Beyond Meat has been sold short.

Short Interest Ratio / Days to Cover

Beyond Meat has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Beyond Meat has recently increased by 0.90%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Beyond Meat does not currently pay a dividend.

Dividend Growth

Beyond Meat does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -2.68

Percentage of Shares Shorted

46.09% of the float of Beyond Meat has been sold short.

Short Interest Ratio / Days to Cover

Beyond Meat has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Beyond Meat has recently increased by 0.90%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.12

News Sentiment

Beyond Meat has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Beyond Meat this week, compared to 6 articles on an average week.

Search Interest

Only 23 people have searched for BYND on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

MarketBeat Follows

10 people have added Beyond Meat to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Beyond Meat insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,173,750.00 in company stock.

Percentage Held by Insiders

Only 8.60% of the stock of Beyond Meat is held by insiders.

Percentage Held by Institutions

52.48% of the stock of Beyond Meat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BYND Stock Analysis - Frequently Asked Questions

How have BYND shares performed this year?

Beyond Meat's stock was trading at $8.90 at the beginning of 2024. Since then, BYND shares have decreased by 60.1% and is now trading at $3.55.
View the best growth stocks for 2024 here.

How were Beyond Meat's earnings last quarter?

Beyond Meat, Inc. (NASDAQ:BYND) posted its quarterly earnings results on Wednesday, November, 6th. The company reported ($0.41) EPS for the quarter, beating analysts' consensus estimates of ($0.44) by $0.03. Beyond Meat's revenue for the quarter was up 7.6% on a year-over-year basis.

When did Beyond Meat IPO?

Beyond Meat (BYND) raised $176 million in an IPO on Thursday, May 2nd 2019. The company issued 8,800,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan and Credit Suisse served as the underwriters for the IPO and BofA Merrill Lynch, Jefferies and William Blair were co-managers.

Who are Beyond Meat's major shareholders?

Beyond Meat's top institutional investors include Wolverine Asset Management LLC, Whitebox Advisors LLC, Jane Street Group LLC and III Capital Management. Insiders that own company stock include Ethan Brown, Dariush Ajami, Lubi Kutua, Beth Moskowitz and Diane Carhart.
View institutional ownership trends.

How do I buy shares of Beyond Meat?

Shares of BYND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Beyond Meat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Beyond Meat investors own include Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Netflix (NFLX) and PayPal (PYPL).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 12/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Food & kindred products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:BYND
• CUSIP: N/A
• CIK: 1655210
• Web: www.beyondmeat.com
• Phone: (866) 756-4112
• Fax: N/A
• Employees: 880
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.50
• High Stock Price Target: $7.00
• Low Stock Price Target: $3.50
• Potential Upside/Downside: +54.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-338,140,000.00
• Net Margins: -83.63%
• Pretax Margin: -83.61%
• Return on Equity: N/A
• Return on Assets: -22.99%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.43
• Quick Ratio: 1.99

Sales & Book Value

• Annual Sales: $323.47 million
• Price / Sales: 0.72
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($7.95) per share
• Price / Book: -0.45

Miscellaneous

• Outstanding Shares: 65,203,000
• Free Float: 59,596,000
• Market Cap: $231.47 million
• Optionable: Optionable
• Beta: 2.22