Beyond Meat Inc (NASDAQ:BYND) currently has a daily average trading volume of 2.56M but it saw 2095986 shares traded in last market. With a market cap of 224.06M USD, the company’s current market price of $2.93 came falling about -1.01 while comparing to the previous closing price of $2.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.24 and as low as $2.22.
Consumer Edge Research downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on November 13, 2023 while assigning a price target of $5. Mizuho issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $12 and $5.
Over the week, BYND’s stock price is moving 18.62% up while it is 13.13% when we observe its performance for the past one month. Year-to-date it is -22.07% down and over the past year, the stock is showing a downside performance of -59.73%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.38 while estimate for next year EPS is -1.51. In next quarter, company is expected to be making quarterly sales of $78.96M as analysts are expecting the sales for current fiscal year at $312.62M and seeing the company making $322.38M in sales next year. Moreover, analysts are in estimates of $85.71M for current-quarter revenue.
Currently, Beyond Meat Inc’s total number of outstanding shares is 76.41M with 4.75% of that held by the insiders while 43.61% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -27.97%. Stock’s beta reads 2.16. Stock has a price to sale or P/S ratio amounts to 0.70. Its return on asset (ROA) is -23.04% on average.
