Beyond Meat attributed the weakness to factors including transportation costs, higher inventory write-offs during the pandemic and elevated warehousing costs. Rising operational costs are going toward increasing headcount and boosting marketing, reflecting the company’s growing ambitions.
Full Answer
Is Beyond Meat stock overpriced?
Mar 11, 2022 · Shares of Beyond Meat ( BYND -5.08% ) went down in flames on Friday, plunging as much as 9.2% while simultaneously hitting a new 52-week low. As of 2:52 p.m. ET, the stock was still down 8.4%. The ...
How to nibble on Beyond Meat stock?
Oct 22, 2021 · Shares of Beyond Meat ( BYND -2.11% ) got raked over the coals on Friday, plunging as much as 15.7% and briefly hitting a new 52-week low. As of 2:48 p.m. EDT, the stock was down 13.9%. The maker ...
What is the stock price for Beyond Meat?
Jan 14, 2022 · According to Financial Times, 42% of the Beyond Meat float is now sold short, higher than any other Russell 1000 stock, meaning a significant percentage of investors are betting on the stock to...
Is Beyond Meat stock a buy?
Mar 11, 2022 · A rival of the plant-based meat company scored a potentially lucrative partnership. ... Log In Help Join The Motley Fool . Our Services . Investing Basics . Premium Services. Stock Advisor. Our Flagship Service. Return. 395%. S&P Return. 128%. Rule Breakers. High-growth Stocks. Return. 234%. S&P Return. 110%. Returns as of 04/24/2022. View Our ...
Why is beyond meat down?
So what. Last month, Beyond Meat stock was already down by more than 24% (compared to the S&P 500's 5% decline) before the company reported its fourth-quarter 2021 results on Thursday, Feb. 24. This decline is attributable to the reasons previously discussed: a continuation of its downward momentum and market dynamics.Mar 2, 2022
Will beyond meat stock recover?
Looking ahead, Beyond has lowered its annual revenue forecast for 2022. Brown reassured stakeholders that the company will recover its growth trajectory in the 10 months ahead.Mar 1, 2022
Is now a good time to buy beyond meat stock?
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.Mar 22, 2022
Why is beyond meat stock not doing well?
The company, shares of which are down 25% so far this year, blamed the impact of the Covid-19 Delta variant and severe weather for slowing growth, as well as delays in distribution caused by the ongoing labor shortage.Oct 22, 2021
Is Beyond Meat losing money?
In the third quarter, Beyond Meat's revenue rose 13% year over year to $106.4 million, but net loss was $54.8 million. Shares that traded over $234 in July of 2019 were trading under $48 on Wednesday.Feb 23, 2022
Will Beyond Meat keep going up?
On 10 November 2021, Beyond Meat released its Q3 2021 financial results. The company reported a year-over-year increase of approximately 12.7% to its current net revenue level of $106.4m from the previous $94.4m.Jan 28, 2022
Is Beyond Meat a Buy Sell or Hold?
Beyond Meat has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on 1 buy rating, 10 hold ratings, and 7 sell ratings.
Is Beyond Meat stock a buy sell or hold?
Analyst sentiment on the stock remains tepid, with 59% of analysts surveyed by FactSet rating it a Hold, 27% rating it a Sell, and 14% rating it a Buy.Mar 28, 2022
What is the forecast for Beyond Meat?
Stock Price Forecast The 17 analysts offering 12-month price forecasts for Beyond Meat Inc have a median target of 45.00, with a high estimate of 80.00 and a low estimate of 29.00. The median estimate represents a +19.68% increase from the last price of 37.60.
Why is Beyond Meat not profitable?
Beyond Meat just got hit with a downgrade after Piper Sandler lowered the outlook to Underweight from Neutral. The company believes that the current retail momentum lags the consensus expectations and might result in an earnings miss. Furthermore, a new price target has been set at US$95.Sep 20, 2021
What happened
Shares of Beyond Meat ( BYND -6.90% ) got raked over the coals on Friday, plunging as much as 15.7% and briefly hitting a new 52-week low. As of 2:48 p.m. EDT, the stock was down 13.9%.
So what
Beyond Meat said in a press release that the company was reducing its third-quarter net revenue outlook after reviewing its preliminary results. Beyond Meat now expects revenue of roughly $106 million, up roughly 12% year over year.
Now what
There's little question that Beyond Meat experienced accelerating adoption as the result of the pandemic, when supply chain shortages left traditional meat products in short supply.
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What happened
Shares of Beyond Meat ( BYND -6.90% ) were sliding today as bearish momentum continued to build against the stock. There was no company-specific news out on Beyond Meat today, but yesterday, Financial Times noted that it had become one of the most shorted stocks on the U.S. stock market.
So what
According to Financial Times, 42% of the Beyond Meat float is now sold short, higher than any other Russell 1000 stock, meaning a significant percentage of investors are betting on the stock to fall.
NASDAQ: BYND
Financial Times went on to say that investors had become concerned after the company said in October that third-quarter revenue would be short of its guidance at just $106 million compared to the previous range of $120 million to $140 million.
Now what
Management offered a number of reasons for slowing revenue growth, including the delta variant and labor shortages, but it also appears that there's an element of faddishness to plant-based meat. When sales were spiking just a couple of years ago, a number of customers may have tried the product once or twice but did not become regular customers.
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Investors headed for the exits due to concerns over slowing growth
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What happened
Shares of Beyond Meat ( NASDAQ:BYND) fell 13.3% on Thursday after the meat alternatives company's sales declined in its most important market.
So what
Beyond Meat's net revenue rose 12.7% year over year to $106.4 million in the third quarter, driven by strong growth in international markets. Sales in the U.S., however, fell 13.9%.
Now what
Several analysts slashed their price targets for Beyond Meat's stock following these results. For one, JPMorgan analyst Ken Goldman cut his share-price forecast from $79 to $54 due to the company's declining profitability.
Is Beyond Meat stock down?
Stock prices for Beyond Meat (BYND) have significantly dropped during the company's first quarter. According to NBC News, Beyond was down by $0.42 per share, which was approximately two times more than market analysts had anticipated. Shares also plummeted by 7.1 percent in the premarket. Despite more consumers turning to a plant-based diet during the pandemic, we have to wonder what is the leading cause behind the company's demise in the stock market.
Is Beyond Burgers healthy?
Additionally, many are starting to question if Beyond Burgers are truly healthy, despite the fact that a plant-based diet is proven to be healthier than one with animal products. Other companies are also starting to hop aboard the meat alternative train.
Is Beyond Meat vegan?
Vegans, vegetarians, and veg-curious eaters alike are familiar with plant-based meat alternatives such as Beyond Meat. The brand has become increasingly popular, creating meatless versions of classic restaurant creations, and selling burger patties in grocery stores, which can be prepared accordingly at home.
Is Beyond Meat healthier than meat?
According to Market Watch, many claim that the ingredients are too processed to be healthier than actual meat, although that isn't the case based on the fact that meatless diets include far less saturated fat and cholesterol. Much of this criticism, however, is coming from competitors.
What happened
Shares of Beyond Meat (NASDAQ: BYND) were sliding today as bearish momentum continued to build against the stock. There was no company-specific news out on Beyond Meat today, but yesterday, Financial Times noted that it had become one of the most shorted stocks on the U.S. stock market.
So what
According to Financial Times, 42% of the Beyond Meat float is now sold short, higher than any other Russell 1000 stock, meaning a significant percentage of investors are betting on the stock to fall.
Now what
Management offered a number of reasons for slowing revenue growth, including the delta variant and labor shortages, but it also appears that there's an element of faddishness to plant-based meat. When sales were spiking just a couple of years ago, a number of customers may have tried the product once or twice but did not become regular customers.
