Currently, there are 76.11M common shares owned by the public and among those 71.12M shares have been available to trade.
The company’s stock has a 5-day price change of 11.11% and -16.51% over the past three months. BYND shares are trading 17.02% year to date (YTD), with the 12-month market performance down to -33.93% lower. It has a 12-month low price of $3.30 and touched a high of $12.12 over the same period. BYND has an average intraday trading volume of 3.54 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.89%, 12.01%, and -24.36% respectively.
Institutional ownership of Beyond Meat Inc (NASDAQ: BYND) shares accounts for 44.25% of the company’s 76.11M shares outstanding.
It has a market capitalization of $334.88M and a beta (3y monthly) value of 2.35. The earnings-per-share (ttm) stands at -$4.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.15% over the week and 5.43% over the month.
Earnings per share for the fiscal year are expected to increase by 59.22%, and 25.32% over the next financial year. EPS should grow at an annualized rate of 36.62% over the next five years, compared to -60.31% over the past 5-year period.
Consumer Edge Research coverage for the Beyond Meat Inc (BYND) stock in a research note released on November 13, 2023 offered a Underweight rating with a price target of $5. Mizuho was of a view on October 12, 2023 that the stock is Underperform, while TD Cowen gave the stock Underperform rating on September 13, 2023, issuing a price target of $10. BMO Capital Markets on their part issued Market Perform rating on April 14, 2023.
