Beyond Meat Inc (NASDAQ:BYND) has a beta value of 2.39 and has seen 0.77 million shares traded in the recent trading session. The BYND stock price is -238.03% off its 52-week high price of $10.31 and 6.23% above the 52-week low of $2.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.45 million shares traded. The 3-month trading volume is 3.32 million shares.
The consensus among analysts is that Beyond Meat Inc (BYND) is Sell stock at the moment, with a recommendation rating of 4.00. 6 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 11 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.47.
Beyond Meat Inc (NASDAQ:BYND) trade information
Sporting -0.16% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BYND stock price touched $3.05 or saw a rise of 10.03%. Year-to-date, Beyond Meat Inc shares have moved -19.02%, while the 5-day performance has seen it change -8.83%. Over the past 30 days, the shares of Beyond Meat Inc (NASDAQ:BYND) have changed -1.14%. Short interest in the company has seen 30.67 million shares shorted with days to cover at 7.35.
Wall Street analysts have a consensus price target for the stock at $25, which means that the shares’ value could jump 87.8% from the levels at last check today. The projected low price target is $3.0 while the price target rests at a high of $122.0. In that case, then, we find that the latest price level in today’s session is -3900.0% off the targeted high while a plunge would see the stock lose 1.64% from the levels at last check today.
Beyond Meat Inc (BYND) estimates and forecasts
The company’s shares have lost -57.47% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -0.41%.
5 analysts offering their estimates for the company have set an average revenue estimate of 75.68M for the current quarter. 5 have an estimated revenue figure of 94.47M for the next ending quarter. Year-ago sales stood 75.6M and 93.19M respectively for this quarter and the next, and analysts expect sales will grow by 0.10% for the current quarter and -0.41% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -52.51% over the past 5 years. Earnings growth for 2025 is a modest 38.23% while over the next 5 years, the company’s earnings are expected to increase by 37.88%.
BYND Dividends
Beyond Meat Inc is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Beyond Meat Inc (NASDAQ:BYND)’s Major holders
Insiders own 4.84% of the company shares, while shares held by institutions stand at 44.25% with a share float percentage of 46.50%. Investors are also buoyed by the number of investors in a company, with Beyond Meat Inc having a total of 290.0 institutions that hold shares in the company. The top two institutional holders are PARKWOOD LLC with over 5.4 million shares worth more than $1.15 million. As of 2024-06-30, PARKWOOD LLC held 8.3203% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 4.46 million shares as of 2024-06-30. The firm’s total holdings are worth over $29.94 million and represent 6.8758% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. As of Dec 31, 2024, the former fund manager holds about 2.55% shares in the company for having 1.94 shares of worth $5.93 million while later fund manager owns 1.54 shares of worth $4.7 million as of Feb 28, 2025, which makes it owner of about 2.02% of company’s outstanding stock.
