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Beyond Meat, Inc. (BYND)

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5.95 -0.04 (-0.67%)
At close: 4:00 pm GMT-4
5.97 +0.02 (+0.34%)
After hours: 4:10 pm GMT-4
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DELL
  • Previous close 5.99
  • Open 5.88
  • Bid 5.93 x 500
  • Ask 5.97 x 900
  • Day's range 5.88 - 6.18
  • 52-week range 5.13 - 12.12
  • Volume 1,611,969
  • Avg. Volume 3,082,675
  • Market cap (intra-day) 386.978M
  • Beta (5Y monthly) 2.26
  • PE ratio (TTM) --
  • EPS (TTM) -4.87
  • Earnings date 6 Nov 2024 - 11 Nov 2024
  • Forward dividend & yield --
  • Ex-dividend date --
  • 1y target est 5.28

Beyond Meat, Inc., a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.

www.beyondmeat.com

686

Full-time employees

31 December

Fiscal year ends

Consumer Defensive

Sector

Packaged Foods

Industry

Recent news: BYND

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Related videos: BYND

Beyond Meat's 'day is not done' with transforming US fast food

Beyond Meat (BYND) CEO Ethan Brown joins Yahoo Finance Executive Editor Brian Sozzi to discuss his vision for the future of the company as it focuses on capturing market share and delivering quality products at a reasonable price. Brown explains that his vision for Beyond Meat is for it to be a "global protein company that rivals, some day, in size JBS (JBSAY) or Tyson (TSN) or these large animal protein." He emphasizes that the company is focused on social, health, and environmental factors, and adds, "our best days are ahead of us." Beyond Meat has capitalized on the move away from animal meat in both the US and Europe, garnering praise and endorsements from the health and nutrition communities. Brown specifically highlights how the brand's nuggets and burgers are being offered in McDonald's (MCD) locations across Germany. While Brown sees more traction in Europe when it comes to fast food, he believes that "our day is not done here in the US." He tells Yahoo Finance, "One of the things that did happen after we went public is a lot of companies came into the category, and they were less choiceful about the ingredients, less choiceful about the health benefits of their products. So as those companies go away and Beyond Meat continues to lead, we're bringing, I think, consumers back." He expects to see a consolidation in the industry as a lot of Beyond Meat's competitors start to run low on money. Moving forward, Brown says the company is focused on the most important thing — fundamentals. As the company focuses on lowering its spending, Brown says its debt "is not something that keeps me up." He continues, "What I'm focused on is continuing to grow the fundamentals of the business. I've become a lean convert. I'm very interested in lean management and lean principles, and that's helping us to strip cost out of our structure." "The promise that we made when we went into the markets is the promise we're going to fulfill, which is there'll be a day when you can have Beyond Meat at a price that is under that of animal protein. Today, the task we have is to make sure consumers understand how healthy this is, how great it tastes. But over time, you'll see us also be able to address pricing globally," he adds. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl

Performance overview: BYND

Trailing total returns as of 04/09/2024, which may include dividends or other distributions. Benchmark is

.

YTD return

BYND
33.15%
S&P 500
15.73%

1-year return

BYND
50.58%
S&P 500
22.24%

3-year return

BYND
94.82%
S&P 500
21.71%

5-year return

BYND
96.35%
S&P 500
89.94%

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Statistics: BYND

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Valuation measures

As of 03/09/2024
  • Market cap

    390.23M

  • Enterprise value

    1.47B

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG ratio (5-yr expected)

    --

  • Price/sales (ttm)

    1.22

  • Price/book (mrq)

    --

  • Enterprise value/revenue

    4.62

  • Enterprise value/EBITDA

    -5.38

Financial highlights

Profitability and income statement

  • Profit margin

    -98.95%

  • Return on assets (ttm)

    -17.04%

  • Return on equity (ttm)

    --

  • Revenue (ttm)

    317.78M

  • Net income avi to common (ttm)

    -314.44M

  • Diluted EPS (ttm)

    -4.87

Balance sheet and cash flow

  • Total cash (mrq)

    144.87M

  • Total debt/equity (mrq)

    --

  • Levered free cash flow (ttm)

    65.74M

Research analysis: BYND

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Earnings per share

Consensus EPS
 

Analyst recommendations

  • Strong buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analysts' price targets

3.00 Low
5.28 Average
5.95 Current
7.00 High
 

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