
Beyond Meat
Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's products became available across the United States in 2013. In May 2016, it released the first plant-based burger to be sold in the meat section of grocery stores, on an …
Stockholder | Stake | Shares owned |
---|---|---|
The Vanguard Group, Inc. | 7.82% | 4,968,817 |
BlackRock Fund Advisors | 3.37% | 2,141,139 |
Morgan Stanley & Co. LLC | 2.95% | 1,875,052 |
Spyglass Capital Management LLC | 2.81% | 1,787,786 |
Is Beyond Meat publicly traded?
The food and beverage space (outside of legacy brands) is quite competitive for sustainability standards. As such, Beyond Meat should be held to a higher standard. Once a California startup, Beyond Meat is now a multi-billion dollar publicly traded company. They had a $3 billion IPO in 2019.
What is the stock price for Beyond Meat?
Beyond Meat Inc. (NASDAQ:BYND) price on Thursday, February 10, fall -1.88% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $61.49. A look at the stock’s price movement, the close in the last trading ...
Is Beyond Meat stock a buy?
Turning to Wall Street, BYND stock comes in as a Moderate Sell. Out of 14 analyst ratings, there is one Buy recommendation, seven Hold recommendations, and six Sell recommendations. The average Beyond Meat price target is $78.83, implying 21% upside potential.
Who is the owner of Beyond Meat?
In the fake meat maker’s S-1 amendment filing dated July 31, entities controlled by Bill Gates transferred 252,000 shares of Beyond Meat stock to the Bill & Melinda Gates Foundation Trust in July.
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Who is the investor of Beyond Meat?
IPO and finance Beyond Meat is also backed by celebrity and athlete investors such as Leonardo DiCaprio, Jessica Chastain, Snoop Dogg, Liza Koshy, Chris Paul, Kyrie Irving, DeAndre Hopkins and others. In May 2019, Beyond Meat went public and trades on the United States Nasdaq exchange under the symbol BYND.
Is BYND a good investment?
Bottom line: BYND stock is not a buy right now. Beyond Meat is failing to generate sustained traction from fundamental catalysts and still needs to prove itself.
Who are the stakeholders of Beyond Meat?
Largest shareholders include Baillie Gifford & Co, Vanguard Group Inc, Susquehanna International Group, Llp, Susquehanna International Group, Llp, BlackRock Inc., Citadel Advisors Llc, Morgan Stanley, Jane Street Group, Llc, Spyglass Capital Management Llc, and VTSMX - Vanguard Total Stock Market Index Fund Investor ...
Why is BYND stock falling?
Softening demand, higher input costs, the COVID-19 pandemic and supply chain issues have been chipping away at sales for the last nine months. The largest drag on Beyond's earnings in the most recent quarter, Brown said on the earnings call, came from the launch of Beyond Meat Jerky.
Does Beyond Meat pay dividends?
BEYOND MEAT Dividends FAQ BEYOND MEAT (NASDAQ: BYND) does not pay a dividend. Is BEYOND MEAT's dividend stable? BEYOND MEAT (NASDAQ: BYND) does not pay a dividend.
What is the forecast for beyond meat?
Stock Price Forecast The 16 analysts offering 12-month price forecasts for Beyond Meat Inc have a median target of 21.50, with a high estimate of 45.00 and a low estimate of 12.00. The median estimate represents a -17.05% decrease from the last price of 25.92.
Who is the biggest investor in Beyond Meat?
Baillie Gifford & Co.Top 10 Owners of Beyond Meat IncStockholderStakeShares ownedBaillie Gifford & Co.13.48%8,564,394The Vanguard Group, Inc.7.82%4,968,817BlackRock Fund Advisors3.37%2,141,139Morgan Stanley & Co. LLC2.95%1,875,0526 more rows
Is beyond meat made in Canada?
Beyond Meat, Inc. TORONTO, July 22, 2020 (GLOBE NEWSWIRE) -- Beyond Meat® is announcing its latest iteration of the Beyond Burger®, produced locally at a co-manufacturing facility in Canada, is now available at major grocery stores nationwide.
What is beyond meat made of?
We use a variety of non-GMO plant proteins including pea, brown rice, mung bean and faba bean, which team up to give you juicy and nutritious plant-based meat that's a good source of protein.
Will beyond meat ever recover?
Beyond Meat's management believes that their spending rates will subside substantially in 2022, and they can leverage the investments made in 2021. The company expects first-quarter revenue to rise 20% to 23% y-o-y. Growth in revenues should help the company improve its bottom line, as well.
Will beyond meat stock go up 2021?
Beyond Meat CEO Predicts Market Recovery After Stock Dip, Blames 'Covid-Related' Fall In Demand. Beyond Meat CEO Ethan Brown has revealed he is confident that the company can overcome disappointing market performance in 2021.
Is Nvidia a buy?
And NVDA's 10.83x forward Price/Book is 188.3% higher than the 3.76x industry average. Among the 27 Wall Street analysts that rated NVDA, 22 rated it Buy, and five rated it Hold. The 12-month median price target of $305.08 indicates a 79.7% potential upside.
Who makes Beyond Meat?
Beyond Meat. Beyond Meat is a Los Angeles -based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's initial products were launched in the United States in 2012. The company has products designed to emulate beef, meatballs, ground meat, and pork sausage links and patties .
What is Beyond Meat worth?
As of July 2019, Beyond Meat had a market value of US$11.7 billion, following a value of $3.8 billion on the day of its IPO on 2 May 2019. Beyond Meat trades on the United States NASDAQ exchange under the symbol BYND. In November 2020, Beyond Meat announced sales had only grown by 2% year-on-year compared to an expected increase of 40%.
What is the breach of contract in Don Lee Farms?
Don Lee Farms alleged breach of contract, and further alleged that they had expressed "significant concerns" about food safety protocols for raw materials produced at Beyond Meat's facility which were then given to Don Lee Farms for further processing.
When did Beyond Meatballs come out?
In September 2020, Beyond Meat announced the rollout of Beyond Meatballs at select grocery stores across the U.S.
When did Tyson Foods buy Beyond Meat?
Tyson Foods purchased a 5% stake in Beyond Meat in October 2016, but sold its 6.5% stake and exited the investment in April 2019, ahead of the company's initial public offering. By 2018, Beyond Meat had raised US$72 million in venture financing.
When did Beyond Meat start selling chicken strips?
Beyond Meat’s first product, "Chicken-Free Strips," was released to limited locations in 2012. The company began selling its plant-based chicken products in Whole Foods supermarkets across the US in April 2013. In 2014, it developed a simulated beef product.
Is Beyond Meat a plant based patty?
In November 2020, Beyond Meat announced a collaboration with McDonald's for development of the McPlant option, a plant-based patty and chicken substitute. It started testing the McPlant in Denmark and Sweden in February 2021. Beyond Meat also announced the launch in China of a plant-based version of minced pork.
What happened
Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) refused to go down with the rest of the market on Thursday. Instead the stock was up 9% as of 3 p.m. ET. By contrast, the S&P 500 was down 1.6%. As it turns out, a lot of people are betting against Beyond Meat stock. And recent developments may have them rethinking their positions.
So what
The Russell 1,000 index tracks the top 1,000 public companies in the U.S. Today, Bloomberg reported that Beyond Meat is officially the most shorted stock among these top 1,000. This means there's a lot of bearish sentiment when it comes to Beyond Meat. And it's not just retail investors who feel this way.
Now what
Through the first three quarters of 2021, Beyond Meat's net sales are up 19% compared to the comparable period of 2020. However, the company's net loss has widened considerably. Therefore, bearish sentiment from short sellers is understandable.
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Is Beyond Meat a commodity?
It’s a commodity that can be easily replicated. Commodities that can be easily replicated compete on price. That’s a big problem for Beyond Meat because its products are expensive... Its hamburger cost anywhere from double to triple what real hamburger costs.
Is Incredible Burger available in Europe?
It’s selling its “Incredible Burger” in Europe already. The company plans to introduce this product to America by fall. Finally, JBS —the world’s largest meat producer—is also looking to launch a plant-based meat product in Brazil this year.
Is Beyond Meat better than National Beverage?
They’ll argue Beyond Meat is more innovative than National Beverage. They’ll say it has a “first-mover advantage.”. It’s true that Beyond Meat introduced plant-based meat to the masses. But let’s not forget that plant-based meat is a basic consumer good. It’s a commodity that can be easily replicated.
Is Carl's Jr. meat good for the environment?
Carl’s Jr., Del Taco, and a few other restaurant chains sell its products, too. Supposedly, it tastes just like real meat but is better for animals and for the environment. Many investors expect plant-based meat to be the “next big thing.”. The chart below says it all.
Does Impossible Burger sell plant based burgers?
Impossible Burger also sells plant-based burgers. You can buy its products at more than 9,000 restaurants, including Qdoba and Burger King. Tyson (TSN) —the largest US meat producer—is also developing its own line of alternative meat products. It was an initial investor in Beyond, but sold its stake in April.
Overview
History
FUND OR COMPANY NAME | SHARES HELD | VALUED AT | CHANGE IN SHARES |
---|---|---|---|
Susquehanna International | 8.1M | $1.1B | 11% |
Baillie Gifford & Co | 6.8M | $883M | 27% |
Vanguard Group | 3.9M | $512M | -4% |
Citadel Advisors | 3.2M | $411M | 21% |
BlackRock | 2.2M | $288M | 2% |
Credit Suisse | 2.0M | $262M | 36% |
Jane Street | 2.0M | $255M | -13% |
Parallax Volatility Advisers | 1.6M | $202M | -41% |
Joint ventures and distribution
Products
The company was founded by Ethan Brown in 2009 with the stated mission of combating climate change. Brown initially contacted two University of Missouri professors, Fu-hung Hsieh and Harold Huff, who had been developing their meatless protein for years. Upon licensing Hsieh and Huff's technology, Beyond Meat launched its first product, Beyond Chicken Strips (originally called "Chicken-Free Strips"), in Whole Foods location in 2012 and expanded nationally in 2013. In 2014, …
See also
In July 2019, Dunkin' Donuts announced that they would begin selling breakfast sandwiches using the Meatless Sausage product in Manhattan, with plans for national distribution beginning on 6 November 2019.
In November 2020, Beyond Meat announced a collaboration with McDonald's for development of the McPlant option, a plant-based patty and chicken substitute. It started testing the McPlant in …
External links
The company's first product launched in 2012 was designed to emulate chicken and sold frozen. The product was licensed from Harold Huff and Fu-Hung Hsieh at the University of Missouri. They were made from "soy powder, gluten-free flour, carrot fiber and other ingredients" which were mixed and fed into a food extrusion machine that cooks the mixture while forcing it through a specially d…