In recent trading session, Beyond Meat Inc (NASDAQ:BYND) saw 0.59 million shares changing hands at last check today with its beta currently measuring 2.42. Company’s recent per share price level of $7.13 trading at $0.34 or 5.01% at last check today assigns it a market valuation of $461.18M. That closing price of BYND’s stock is at a discount of -169.99% from its 52-week high price of $19.25 and is indicating a premium of 21.74% from its 52-week low price of $5.58. Taking a look at company’s average trading volume volume of 3.52 million if we extend that period to 3-months.
Beyond Meat Inc (NASDAQ:BYND) trade information
Upright in the green today for gaining 5.01%, in the last five days BYND remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $7.13 price level. Beyond Meat Inc’s shares saw a change of -19.89% in year-to-date performance and have moved 12.46% in past 5-day. Beyond Meat Inc (NASDAQ:BYND) showed a performance of -5.81% in past 30-days.
Beyond Meat Inc (BYND) estimates and forecasts
Statistics highlight that Beyond Meat Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 19.43% of value to its shares in past 6 months, showing an annual growth rate of 39.42% while that of industry is 37.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -4.00% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 75.24M for the same. And 10 analysts are in estimates of company making revenue of 96.22M in the next quarter. Company posted 92.24M and 102.15M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -60.31% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 54.66% while estimates for its earnings growth in next 5 years are of 10.00%.
BYND Dividends
Beyond Meat Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
