In last trading session, Beyond Meat Inc (NASDAQ:BYND) saw 2.26 million shares changing hands with its beta currently measuring 2.36. Company’s recent per share price level of $3.33 trading at $0.22 or 7.07% at ring of the bell on the day assigns it a market valuation of $253.52M. That closing price of BYND’s stock is at a discount of -209.61% from its 52-week high price of $10.31 and is indicating a premium of 14.11% from its 52-week low price of $2.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.86 million shares which gives us an average trading volume of 3.76 million if we extend that period to 3-months.
For Beyond Meat Inc (BYND), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 4.00. Splitting up the data highlights that, out of 11 analysts covering the stock, 6 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.47 in the current quarter.
Beyond Meat Inc (NASDAQ:BYND) trade information
Upright in the green during last session for gaining 7.07%, in the last five days BYND remained trading in the green while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $3.33 price level, adding 4.86% to its value on the day. Beyond Meat Inc’s shares saw a change of -11.44% in year-to-date performance and have moved 3.74% in past 5-day. Beyond Meat Inc (NASDAQ:BYND) showed a performance of -15.91% in past 30-days. Number of shares sold short was 32.94 million shares which calculate 9.18 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 25 to the stock, which implies a rise of 86.68% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 122. It follows that stock’s current price would jump 9.91% in reaching the projected high whereas dropping to the targeted low would mean a gain of 9.91% for stock’s current value.
Beyond Meat Inc (BYND) estimates and forecasts
This year revenue growth is estimated to fall -0.41% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 75.68M for the same. And 5 analysts are in estimates of company making revenue of 94.47M in the next quarter. Company posted 75.6M and 93.19M 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 -52.51% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 37.50% while estimates for its earnings growth in next 5 years are of 37.88%.
Beyond Meat Inc (NASDAQ:BYND)’s Major holders
Insiders are in possession of 4.84% of company’s total shares while institution are holding 44.25 percent of that, with stock having share float percentage of 46.50%. Investors also watch the number of corporate investors in a company very closely, which is 44.25% institutions for Beyond Meat Inc that are currently holding shares of the company. PARKWOOD LLC is the top institutional holder at BYND for having 5.4 million shares of worth $1.15 million. And as of 2024-06-30, it was holding 8.3203 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.897 of outstanding shares, having a total worth of $29.94 million.
