Beyond Meat, Inc (BYND) is a leading packaged foods business based in the US. It opened the day at $133.96 after a previous close of $134.61. During the day the price has varied from a low of $133.03 to a high of $142.93. The latest price was $140.7 (25 minute delay). Beyond Meat is listed on the NASDAQ and employs 472 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, Beyond Meat's share price has had significant positive movement.
Its last market close was $140.7, which is 16.52% up on its pre-crash value of $117.45 and 192.03% up on the lowest point reached during the March crash when the shares fell as low as $48.18.
If you had bought $1,000 worth of Beyond Meat shares at the start of February 2020, those shares would have been worth $542.70 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,326.80.
|52-week range||$48.18 - $197.5|
|50-day moving average||$133.21|
|200-day moving average||$141.7401|
|Wall St. target price||$114|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-2.204|
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2021-01-15)||0.43%|
|1 month (2020-12-24)||3.01%|
|3 months (2020-10-23)||-18.07%|
|6 months (2020-07-24)||12.48%|
|1 year (2020-01-24)||17.75%|
Valuing Beyond Meat stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Beyond Meat's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Beyond Meat's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 600x. In other words, Beyond Meat shares trade at around 600x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Beyond Meat's P/E ratio is best considered in relation to those of others within the packaged foods industry or those of similar companies.
Beyond Meat's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.0582. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Beyond Meat's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider Beyond Meat's PEG ratio in relation to those of similar companies.
Beyond Meat's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $699,000.
The EBITDA is a measure of a Beyond Meat's overall financial performance and is widely used to measure a its profitability.
To put Beyond Meat's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||$403.3 million|
|Gross profit TTM||$99.8 million|
|Return on assets TTM||-1.42%|
|Return on equity TTM||-7.44%|
|Market capitalisation||$8.8 billion|
TTM: trailing 12 months
There are currently 13.7 million Beyond Meat shares held short by investors – that's known as Beyond Meat's "short interest". This figure is 1.2% up from 13.5 million last month.
There are a few different ways that this level of interest in shorting Beyond Meat shares can be evaluated.
Beyond Meat's "short interest ratio" (SIR) is the quantity of Beyond Meat shares currently shorted divided by the average quantity of Beyond Meat shares traded daily (recently around 2.8 million). Beyond Meat's SIR currently stands at 4.94. In other words for every 100,000 Beyond Meat shares traded daily on the market, roughly 4940 shares are currently held short.
To gain some more context, you can compare Beyond Meat's short interest ratio against those of similar companies.
However Beyond Meat's short interest can also be evaluated against the total number of Beyond Meat shares, or, against the total number of tradable Beyond Meat shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Beyond Meat's short interest could be expressed as 0.22% of the outstanding shares (for every 100,000 Beyond Meat shares in existence, roughly 220 shares are currently held short) or 0.2438% of the tradable shares (for every 100,000 tradable Beyond Meat shares, roughly 244 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Beyond Meat.
Find out more about how you can short Beyond Meat stock.
We're not expecting Beyond Meat to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
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Beyond Meat, Inc., a food company, manufactures, markets, and sells plant-based meat products in the United States and internationally. It operates under the Beyond Meat, Beyond Burger, Beyond Beef, Beyond Sausage, Beyond Breakfast Sausage, Beyond Chicken, Beyond Fried Chicken, Beyond Meatball, the Caped Steer Logo, GO BEYOND, Eat What You Love, The Cookout Classic, The Future of Protein, and The Future of Protein Beyond Meat trademarks. The company sells its products through grocery, mass merchandiser, club and convenience store, natural retailer channels, direct to consumer, 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.
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