NASDAQ:BYND

Beyond Meat - BYND Stock Forecast, Price & News

$35.83

+0.13 (+0.36%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $33.36
▼
$36.86
50-Day Range: $22.27
▼
$39.31
52-Week Range: $20.50
▼
$124.45

Volume: 3.83 million shs
Average Volume: 3.63 million shs
Market Capitalization: $2.28 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $40.00

Beyond Meat MarketRank™ Forecast

Analyst Rating: Hold
1.63 Rating Score
Upside/Downside: 11.6% Upside
$40.00 Price Target
Short Interest: Healthy
35.13% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.59
Upright™ Environmental Score
News Sentiment: 0.52
Based on 16 Articles This Week
Insider Trading: Selling Shares
$108,027 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($4.86) to ($3.35) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Consumer Staples Sector

104th out of 152 stocks

Food & Kindred Products Industry

11th out of 16 stocks

1.8

Analyst's Opinion

Consensus Rating
Beyond Meat has received a consensus rating of Hold. The company's average rating score is 1.63, and is based on no buy ratings, 10 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.00, Beyond Meat has a forecasted upside of 11.6% from its current price of $35.83.
Amount of Analyst Coverage
Beyond Meat has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
35.13% 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 5.5.
Change versus previous month
Short interest in Beyond Meat has recently decreased by 7.34%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Beyond Meat does not currently pay a dividend.
Dividend Growth
Beyond Meat does not have a long track record of dividend growth.

4.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Beyond Meat has received a 61.63% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is driven by its "Frozen pea protein patties" and "Frozen vegetable nuggets" products. See details.
Environmental Sustainability
The Environmental Impact score for Beyond Meat is -1.59.

3.1

News and Social Media Coverage

News Sentiment
Beyond Meat has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Beyond Meat this week, compared to 7 articles on an average week.
Search Interest
110 people have searched for BYND on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.
MarketBeat Follows
34 people have added Beyond Meat to their MarketBeat watchlist in the last 30 days. This is an increase of 113% compared to the previous 30 days.

2.5

Company Ownership

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 $108,027.00 in company stock.
Percentage Held by Insiders
Only 7.90% of the stock of Beyond Meat is held by insiders.
Percentage Held by Institutions
67.15% of the stock of Beyond Meat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Beyond Meat are expected to grow in the coming year, from ($4.86) to ($3.35) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beyond Meat is -6.82, 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 -6.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Beyond Meat has a P/B Ratio of 17.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Beyond Meat (NASDAQ:BYND) Stock

Beyond Meat, Inc. 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 store, convenience store and natural retailer channels, and direct-to-consumer, 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 founded in 2009 and is headquartered in El Segundo, California.

Beyond Meat Price Performance

NASDAQ:BYND traded up $0.13 during midday trading on Tuesday, hitting $35.83. The company had a trading volume of 3,828,322 shares, compared to its average volume of 3,628,076. The firm has a 50-day moving average price of $29.96 and a 200-day moving average price of $38.31. The company has a market capitalization of $2.28 billion, a PE ratio of -6.86 and a beta of 1.80. The company has a current ratio of 7.48, a quick ratio of 5.16 and a debt-to-equity ratio of 27.60. Beyond Meat has a twelve month low of $20.50 and a twelve month high of $124.45.

Beyond Meat (NASDAQ:BYND - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The company reported ($1.53) EPS for the quarter, missing analysts' consensus estimates of ($1.18) by ($0.35). The company had revenue of $147.00 million during the quarter, compared to analyst estimates of $149.08 million. Beyond Meat had a negative net margin of 71.78% and a negative return on equity of 400.17%. The firm's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.31) EPS. As a group, analysts anticipate that Beyond Meat will post -4.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BYND. BMO Capital Markets decreased their price objective on shares of Beyond Meat from $60.00 to $30.00 in a research report on Thursday, May 12th. Cowen reduced their price target on Beyond Meat from $42.00 to $26.00 in a report on Thursday, May 12th. UBS Group upped their price objective on Beyond Meat from $20.00 to $30.00 and gave the company a "neutral" rating in a research note on Friday, August 5th. Barclays lifted their target price on Beyond Meat from $25.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Monday, August 8th. Finally, Bank of America dropped their price target on Beyond Meat from $20.00 to $10.00 and set an "underperform" rating on the stock in a research note on Friday, August 5th. Six equities research analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the stock. According to data from MarketBeat, Beyond Meat has an average rating of "Hold" and a consensus price target of $42.35.

Insider Activity

In related news, insider Beth Moskowitz sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $37.51, for a total transaction of $75,020.00. Following the sale, the insider now owns 22,358 shares in the company, valued at approximately $838,648.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.90% of the company's stock.

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BYND Stock News Headlines

August 5, 2022 | marketbeat.com

Beyond Meat Is Not Beyond Hope, And It's Cheap

Beyond Meat stock is at a bottom and cheap following the end of years of testing with McDonald's and Yum! Brands, the question now is if it can turn a profit?

August 15, 2022 | seekingalpha.com

Beyond Meat Is Likely Beyond Saving

August 13, 2022 | americanbankingnews.com

Insider Selling: Beyond Meat, Inc. (NASDAQ:BYND) Insider Sells 2,000 Shares of Stock

August 13, 2022 | nasdaq.com

Beyond Meat Stock: Solid Value, Even after McPlant Flop

August 12, 2022 | finance.yahoo.com

Time to Sell Beyond Meat Stock?

August 12, 2022 | americanbankingnews.com

Beth Moskowitz Sells 773 Shares of Beyond Meat, Inc. (NASDAQ:BYND) Stock

August 10, 2022 | za.investing.com

Beyond Meat: Shares Plummet As Americans Don't Swallow Plant-Based Burgers

August 10, 2022 | americanbankingnews.com

Mizuho Increases Beyond Meat (NASDAQ:BYND) Price Target to $27.00

August 9, 2022 | finance.yahoo.com

Rivian: ‘Zombie’ company or charging down a path to EV success?

August 9, 2022 | baystreet.ca

Stay Away from Carvana, Beyond Meat after Short Squeeze

August 9, 2022 | americanbankingnews.com

Beyond Meat (NASDAQ:BYND) Price Target Increased to $30.00 by Analysts at Barclays

August 8, 2022 | americanbankingnews.com

UBS Group Increases Beyond Meat (NASDAQ:BYND) Price Target to $30.00

August 8, 2022 | americanbankingnews.com

Beyond Meat (NASDAQ:BYND) PT Lowered to $10.00 at Bank of America

August 7, 2022 | americanbankingnews.com

Beyond Meat (NASDAQ:BYND) Trading Up 18.1% Following Analyst Upgrade

August 5, 2022 | seekingalpha.com

Beyond Meat squeezes higher after earnings disappointment

August 5, 2022 | realmoney.thestreet.com

Is Beyond Meat Now an 'Impossible' Investment?

August 5, 2022 | reuters.com

Beyond Meat has SPAM envy

August 5, 2022 | finance.yahoo.com

Beyond Meat to lay off 4% of its workforce

August 5, 2022 | finance.yahoo.com

Is Beyond Meat Cooking Up a Rally on the Charts?

August 5, 2022 | msn.com

Beyond Meat falls on Q2 earnings miss, cuts outlook and 4% of global workforce

August 5, 2022 | msn.com

Beyond Meat cuts sales forecast as consumers shun pricier faux meat

August 5, 2022 | americanbankingnews.com

Beyond Meat, Inc. Forecasted to Post Q2 2022 Earnings of ($1.21) Per Share (NASDAQ:BYND)

August 4, 2022 | nasdaq.com

Beyond Meat, Inc. Q2 Loss increases, misses estimates

August 4, 2022 | finance.yahoo.com

Beyond Meat Plans to Lay Off 4% of Global Workforce

August 4, 2022 | msn.com

Beyond Meat cuts its revenue outlook for the year, says it's trimming workforce

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30 days | 90 days | 365 days | Advanced Chart

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BYND Company Calendar

Last Earnings: 8/04/2022
Today: 8/16/2022
Next Earnings (Estimated): 11/09/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Food & kindred products
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:BYND
CUSIP: N/A
CIK: 1655210
Web: www.beyondmeat.com
Phone: (866) 756-4112
Fax: N/A
Employees: 1,419
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $40.00
High Stock Price Forecast: $100.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +11.6%
Consensus Rating: Hold
Rating Score (0-4): 1.63
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-182,100,000.00
Net Margins: -71.78%
Pretax Margin: -70.80%
Return on Equity: -400.17%
Return on Assets: -25.00%

Debt

Debt-to-Equity Ratio: 27.60
Current Ratio: 7.48
Quick Ratio: 5.16

Sales & Book Value

Annual Sales: $464.70 million
Price / Sales: 4.90
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.09 per share
Price / Book: 17.14

Miscellaneous

Outstanding Shares: 63,542,000
Free Float: 58,522,000
Market Cap: $2.28 billion
Optionable: Not Optionable
Beta: 1.80

Key Executives

Mr. Ethan Brown (Age 50)
Founder, Pres, CEO & Director
Comp: $684.35k
Mr. Philip E. Hardin (Age 46)
CFO & Treasurer
Comp: $1.03M
Mr. Douglas Wayne Ramsey (Age 53)
Chief Operating Officer
Comp: $480.74k
Mr. Mark J. Nelson (Age 53)
Consultant
Comp: $530.22k
Ms. Deanna Jurgens (Age 52)
Chief Growth Officer
Comp: $870.37k
Mr. Bernie Adcock (Age 53)
Chief Supply Chain Officer
Comp: $675.76k
Mr. Brent Taylor
Co-Founder and VP of Corp. Devel.
Mr. Lubi Kutua
VP of FP&A & Investor Relations
Ms. Teri L. Witteman Esq. (Age 54)
Chief Legal Officer & Sec.
Ms. Shira Zackai
Head of Communications & VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BYND Stock - Frequently Asked Questions

Should I buy or sell Beyond Meat stock right now?: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last twelve months. There are currently 6 sell ratings and 10 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BYND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BYND, but not buy additional shares or sell existing shares.
View BYND analyst ratings or view top-rated stocks.
What is Beyond Meat's stock price forecast for 2022?: 16 brokers have issued 1 year price objectives for Beyond Meat's shares. Their BYND share price forecasts range from $10.00 to $100.00. On average, they predict the company's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts price targets for BYND or view top-rated stocks among Wall Street analysts.
How have BYND shares performed in 2022?: Beyond Meat's stock was trading at $65.16 at the beginning of the year. Since then, BYND shares have decreased by 45.0% and is now trading at $35.83.
View the best growth stocks for 2022 here.
When is Beyond Meat's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our BYND earnings forecast.
How were Beyond Meat's earnings last quarter?: Beyond Meat, Inc. (NASDAQ:BYND) issued its quarterly earnings data on Thursday, August, 4th. The company reported ($1.53) EPS for the quarter, missing the consensus estimate of ($1.18) by $0.35. The firm earned $147 million during the quarter, compared to analysts' expectations of $149.08 million. Beyond Meat had a negative trailing twelve-month return on equity of 400.17% and a negative net margin of 71.78%. Beyond Meat's revenue was down 1.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.31) EPS.
What guidance has Beyond Meat issued on next quarter's earnings?: Beyond Meat issued an update on its FY 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $470.00 million-$520.00 million, compared to the consensus revenue estimate of $559.93 million.
What is Ethan Brown's approval rating as Beyond Meat's CEO?: 19 employees have rated Beyond Meat Chief Executive Officer Ethan Brown on Glassdoor.com. Ethan Brown has an approval rating of 61% among the company's employees. This puts Ethan Brown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Beyond Meat own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Beyond Meat investors own include Tesla (TSLA), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Advanced Micro Devices (AMD), Walt Disney (DIS), Block (SQ), Roku (ROKU), Zoom Video Communications (ZM) and Shopify (SHOP).
When did Beyond Meat IPO?: (BYND) raised $176 million in an initial public offering (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 acted as the underwriters for the IPO and BofA Merrill Lynch, Jefferies and William Blair were co-managers.
What is Beyond Meat's stock symbol?: Beyond Meat trades on the NASDAQ under the ticker symbol "BYND."
Who are Beyond Meat's major shareholders?: Beyond Meat's stock is owned by many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (13.26%), Wolverine Asset Management LLC (0.00%), SG Americas Securities LLC (1.75%), IMC Chicago LLC (0.00%), Clear Street LLC (0.00%) and Calamos Advisors LLC (0.00%). Insiders that own company stock include Beth Moskowitz, Cari Soto, Charles Muth, Christopher Isaac Stone, Dariush Ajami, Diane Carhart, Lengerich Bernhard Van, Mark Joseph Nelson, Raymond J Lane, Sanjay C Shah, Seth Goldman and Teri L Witteman.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Beyond Meat's stock price today?: One share of BYND stock can currently be purchased for approximately $35.83.
How much money does Beyond Meat make?: Beyond Meat (NASDAQ:BYND) has a market capitalization of $2.28 billion and generates $464.70 million in revenue each year. The company earns $-182,100,000.00 in net income (profit) each year or ($5.25) on an earnings per share basis.
How many employees does Beyond Meat have?: The company employs 1,419 workers across the globe.
How can I contact Beyond Meat?: Beyond Meat's mailing address is 119 STANDARD STREET, EL SEGUNDO CA, 90245. The official website for the company is www.beyondmeat.com. The company can be reached via phone at (866) 756-4112 or via email at cwitty@darrowir.com.

This page (NASDAQ:BYND) was last updated on 8/17/2022 by MarketBeat.com Staff

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Beyond Meat - BYND Stock Forecast, Price & News

Beyond Meat MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability