NASDAQ:BYNDBeyond Meat Stock Price, Forecast & News

Beyond Meat's stock was trading at $82.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BYND shares have increased by 65.5% and is now trading at $136.80. 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 7 sell ratings, 8 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 (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.06) by $0.09. The firm earned $97.10 million during the quarter, compared to analysts' expectations of $87.10 million. Beyond Meat had a positive return on equity of 1.61% and a negative net margin of 1.12%. The firm's quarterly revenue was up 141.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.14) earnings per share. 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 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 brokerages have issued 1-year target prices for Beyond Meat's shares. Their forecasts range from $39.00 to $173.00. On average, they expect Beyond Meat's share price to reach $93.94 in the next year. This suggests that the stock has a possible downside of 31.3%. View analysts' price targets for Beyond Meat.

Headlines about BYND stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Beyond Meat earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutBeyond Meat.

Beyond Meat saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 8,060,000 shares, a drop of 12.0% from the April 30th total of 9,160,000 shares. Based on an average daily trading volume, of 7,700,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 26.1% 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). 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 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 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."

Beyond Meat's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.04%), State Street Corp (0.82%), Lord Abbett & CO. LLC (0.72%), Discovery Value Fund (0.52%), Morgan Stanley (0.52%) and Geode Capital Management LLC (0.45%). 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 Optas LLC, Federated Hermes Inc., Morgan Stanley, Commerzbank Aktiengesellschaft FI, Two Sigma Advisers LP, Victory Capital Management Inc., Victory Capital Management Inc., and Banque Cantonale Vaudoise. 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, 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 Discovery Value Fund, Nuveen Asset Management LLC, JW Asset Management LLC, Lord Abbett & CO. LLC, New York State Common Retirement Fund, SG Americas Securities LLC, Advisor Group Holdings Inc., and State Street Corp. 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 $136.80.

Beyond Meat has a market capitalization of $8.51 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]