NASDAQ:BYND - Beyond Meat Stock Price, Forecast & News

Beyond Meat's stock was trading at $82.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BYND stock has decreased by 20.0% and is now trading at $66.12. View which stocks have been mosted impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last year. There are currently 5 sell ratings, 12 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Beyond Meat.

Beyond Meat is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Beyond Meat.

Beyond Meat (NASDAQ:BYND) issued its quarterly earnings results on Thursday, February, 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.02. The firm earned $98.50 million during the quarter, compared to analysts' expectations of $81.52 million. Beyond Meat had a negative net margin of 4.18% and a positive return on equity of 1.31%. The business's revenue was up 212.7% compared to the same quarter last year. View Beyond Meat's earnings history.

Beyond Meat updated its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $490-510 million, compared to the consensus revenue estimate of $495.15 million.

20 analysts have issued 1 year target prices for Beyond Meat's shares. Their forecasts range from $39.00 to $185.00. On average, they anticipate Beyond Meat's share price to reach $100.49 in the next year. This suggests a possible upside of 52.0% from the stock's current price. View analysts' price targets for Beyond Meat.

Headlines about BYND stock have been trending very positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Beyond Meat earned a news impact score of 4.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutBeyond Meat.

Beyond Meat saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 8,546,300 shares, an increase of 9.6% from the February 27th total of 7,800,000 shares. Based on an average trading volume of 5,281,400 shares, the short-interest ratio is currently 1.6 days. Approximately 28.2% of the shares of the company are sold short. View Beyond Meat's Current Options Chain.

Some companies that are related to Beyond Meat include Conagra Brands (CAG), Campbell Soup (CPB), Flowers Foods (FLO), Tate & Lyle (TATYY), Nomad Foods (NOMD), Hain Celestial Group (HAIN), Simply Good Foods (SMPL), B&G Foods (BGS), BellRing Brands (BRBR), Amira Nature Foods (ANFI), Zivo Bioscience (ZIVO) and TDH (PETZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Beyond Meat investors own include Tesla (TSLA), Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Roku (ROKU), Micron Technology (MU), Walt Disney (DIS), salesforce.com (CRM) and Square (SQ).

(BYND) raised $176 million in an IPO on Thursday, May 2nd 2019. The company issued 8,800,000 shares at a price of $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.

Beyond Meat trades on the NASDAQ under the ticker symbol "BYND."

Beyond Meat's stock is owned by a variety of institutional and retail investors. Top institutional investors include KPCB XIV Associates LLC (5.56%), State Street Corp (0.79%), Norges Bank (0.64%), Lord Abbett & CO. LLC (0.55%), Artisan Partners Limited Partnership (0.48%) and Geode Capital Management LLC (0.43%). Company insiders that own Beyond Meat stock include Cari Soto, Charles Muth, Christopher Isaac Stone, Dariush Ajami, Diane Carhart, Lengerich Bernhard Van, Mark Joseph Nelson, Perkins Caufield & Bye Kleiner and Raymond J Lane. View institutional ownership trends for Beyond Meat.

BYND stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Goldman Sachs Group Inc., Bank of Montreal Can, SG Americas Securities LLC, Winslow Evans & Crocker Inc., Meridian Wealth Management LLC, and IFP Advisors Inc. Company insiders that have sold Beyond Meat company stock in the last year include Cari Soto, Charles Muth, Christopher Isaac Stone, Diane Carhart, Lengerich Bernhard Van, Mark Joseph Nelson, and Perkins Caufield & Bye Kleiner. View insider buying and selling activity for Beyond Meat.

BYND stock was bought by a variety of institutional investors in the last quarter, including KPCB XIV Associates LLC, Norges Bank, State Street Corp, Lord Abbett & CO. LLC, Artisan Partners Limited Partnership, Commerzbank Aktiengesellschaft FI, Tairen Capital Ltd, and Geode Capital Management LLC. Company insiders that have bought Beyond Meat stock in the last two years include Dariush Ajami, and Raymond J Lane. View insider buying and selling activity for Beyond Meat.

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

One share of BYND stock can currently be purchased for approximately $66.12.

Beyond Meat has a market capitalization of $4.09 billion and generates $297.90 million in revenue each year. The company earns $-12,440,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Beyond Meat employs 257 workers across the globe. View additional information about Beyond Meat.

The official website for Beyond Meat is http://www.beyondmeat.com/.

Beyond Meat's mailing address is 119 STANDARD STREET, EL SEGUNDO CA, 90245. The company can be reached via phone at 866-756-4112 or via email at [email protected]