Beyond Meat Inc (BYND) concluded trading on Tuesday at a closing price of $3.76, with 4.07 million shares of worth about $15.31 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -45.66% during that period and on December 31, 2024 the price saw a loss of about -2.59%. Currently the company’s common shares owned by public are about 65.17M shares, out of which, 60.60M shares are available for trading.
Stock saw a price change of 6.21% in past 5 days and over the past one month there was a price change of -24.50%. Year-to-date (YTD), BYND shares are showing a performance of -57.75% which decreased to -57.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.30 but also hit the highest price of $12.12 during that period. The average intraday trading volume for Beyond Meat Inc shares is 3.16 million. The stock is currently trading -5.63% below its 20-day simple moving average (SMA20), while that difference is down -24.53% for SMA50 and it goes to -40.56% lower than SMA200.
Beyond Meat Inc (NASDAQ: BYND) currently have 65.17M outstanding shares and institutions hold larger chunk of about 47.05% of that.
The stock has a current market capitalization of $238.81M and its 3Y-monthly beta is at 2.26. It has posted earnings per share of -$4.18 in the same period. It has Quick Ratio of 1.99. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BYND, volatility over the week remained 8.06% while standing at 6.46% over the month.
Analysts are in expectations that Beyond Meat Inc (BYND) stock would likely to be making an EPS of -0.45 in the current quarter, while forecast for next quarter EPS is -0.48 and it is -1.59 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.49 which is -0.41 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.92 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 59.22% while it is estimated to increase by 25.25% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -60.31% made by the stock over the past 5-years.
Coverage by Consumer Edge Research stated Beyond Meat Inc (BYND) stock as an Underweight in their note to investors on November 13, 2023, suggesting a price target of $5 for the stock. On October 12, 2023, Mizuho Downgrade their recommendations, while on September 13, 2023, TD Cowen Initiated their ratings for the stock with a price target of $10. Stock get a Market perform rating from BMO Capital Markets on April 14, 2023.
