NASDAQ:BYNDBeyond 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 increased by 52.4% and is now trading at $125.98. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last year. There are currently 9 sell ratings, 6 hold ratings and 5 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 Monday, August 3rd 2020. View our earnings forecast for Beyond Meat.

Beyond Meat (NASDAQ:BYND) released its quarterly earnings results on Tuesday, May, 5th. The company reported $0.03 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.09. The business earned $97.10 million during the quarter, compared to the consensus estimate of $87.10 million. Beyond Meat had a negative net margin of 1.12% and a positive return on equity of 1.61%. The company's quarterly revenue was up 141.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.14) earnings per share. View Beyond Meat's earnings history.

20 equities research analysts have issued 1-year price objectives for Beyond Meat's stock. Their forecasts range from $39.00 to $173.00. On average, they anticipate Beyond Meat's share price to reach $101.83 in the next year. This suggests that the stock has a possible downside of 19.2%. View analysts' price targets for Beyond Meat.

News articles about BYND stock have been trending very negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Beyond Meat earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Beyond Meat.

Beyond Meat saw a decrease in short interest in June. As of June 30th, there was short interest totaling 5,430,000 shares, a decrease of 17.1% from the June 15th total of 6,550,000 shares. Based on an average daily volume of 8,810,000 shares, the days-to-cover ratio is presently 0.6 days. Currently, 15.4% of the shares of the stock 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), Nomad Foods (NOMD), Tate & Lyle (TATYY), Hain Celestial Group (HAIN), Simply Good Foods (SMPL), B&G Foods (BGS), BellRing Brands (BRBR), Amira Nature Foods (ANFI), TDH (PETZ) and Zivo Bioscience (ZIVO). View all competitors.

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

(BYND) raised $176 million in an initial public offering (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 number of retail and institutional investors. Top institutional investors include Carnegie Capital Asset Management LLC (0.02%), Envestnet Asset Management Inc. (0.00%), Lowe Wealth Advisors LLC (0.00%), Patriot Financial Group Insurance Agency LLC (0.00%) and Carroll Financial Associates Inc. (0.00%). 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, Raymond J Lane and Teri L Witteman. View institutional ownership trends for Beyond Meat.

BYND stock was sold by a variety of institutional investors in the last quarter, including Lowe Wealth Advisors LLC, and Envestnet Asset Management Inc.. Company insiders that have sold Beyond Meat company stock in the last year include Cari Soto, Charles Muth, Christopher Isaac Stone, Dariush Ajami, Diane Carhart, Lengerich Bernhard Van, Mark Joseph Nelson, Perkins Caufield & Bye Kleiner, Raymond J Lane, and Teri L Witteman. View insider buying and selling activity for Beyond Meat.

BYND stock was acquired by a variety of institutional investors in the last quarter, including Carnegie Capital Asset Management LLC, Patriot Financial Group Insurance Agency LLC, and Carroll Financial Associates Inc.. 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 $125.98.

Beyond Meat has a market capitalization of $7.84 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.

The official website for Beyond Meat is 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]