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

Beyond Meat's stock was trading at $82.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BYND shares have decreased by 22.3% and is now trading at $64.18. 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 for the quarter, missing the consensus estimate of $0.01 by $0.02. The firm had revenue of $98.50 million for the quarter, compared to analyst estimates of $81.52 million. Beyond Meat had a negative net margin of 4.18% and a positive return on equity of 1.31%. The company's revenue for the quarter was up 212.7% on a year-over-year basis. View Beyond Meat's earnings history.

Beyond Meat issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share (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 brokers have issued 12-month price objectives for Beyond Meat's shares. Their forecasts range from $39.00 to $130.00. On average, they anticipate Beyond Meat's share price to reach $95.49 in the next twelve months. This suggests a possible upside of 48.8% from the stock's current price. View analysts' price targets for Beyond Meat.

News articles about BYND stock have trended very negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog 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 daily sentiment score of -3.3 on InfoTrie's scale. They also gave media stories 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 presently 1.6 days. Currently, 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), 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), 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), Square (SQ) and salesforce.com (CRM).

(BYND) raised $176 million in an initial public offering 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 acted 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."

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 $64.18.

Beyond Meat has a market capitalization of $3.97 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]