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BYND - Beyond Meat Inc
$14.30
-0.02(-0.14%)9:00:00 PM 12/2/2022
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 chicken, beef, and pork sausage. The company was founded as a California-based startup called Savage River Inc. by Ethan Brown in 2009. Brown initially contacted two University of Missouri professors, Fu-hung Hsieh and Harold Huff, who had already been refining their meatless protein for years. The duo spent nearly a decade in the University lab working different temperatures and pressures to get their mixture of soybean and pea proteins “as close to the look and feel of real chicken as possible.” It took them another five years to come up with a recipe for Beyond Meat’s first product, “Chicken-Free Strips,” which the company released to limited locations in 2012. The company has received venture funding from GreatPoint Ventures, Kleiner Perkins, Obvious Corporation, Bill Gates, Biz Stone, the Humane Society and Tyson Foods. 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. The People for the Ethical Treatment of Animals named Beyond Meat as its company of the year for 2013.In 2014 Beyond Meat expanded its presence from 1,500 to 6,000 stores across the US.
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Stock Statistics
MarketCap912.2M
PE Ratio-2.4
PEG Ratio19.7
P/B34.7
P/S (ttm)21.9
Earning Growth (QoQ)
Revenue Growth (QoQ)
Short %24%
Held by Institutions %52%
1 Day Vol Adjusted Return-0.0
1 Month Vol Adjusted Return-0.4
3 Month Vol Adjusted Return-6.8
6 Month Vol Adjusted Return-7.4
20 Days SMA Price ZScore0.5
50 Days SMA Price ZScore0.1
12 -26 Days PPO-2.0
1 Month Average Short Volume Ratio60.4
1 Day Volume Change ZScore-0.9
1 Month Daily Vol6.7
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Stock news

    11/29/2022BYND
    Analysts are Downgrading These 10 Stocks

    In this article, we will check out the 10 stocks receiving downgrades from analysts. If you want to see more such rating downgrades, go directly to Analysts are Downgrading These 5 Stocks. Stock markets are under pressure ahead of Jerome Powell’s speech on Wednesday and Beijing’s renewed mobility restrictions. Meanwhile, protests broke out across several […]

    11/28/2022BYND
    Beyond Meat downgraded on results, cash flow guidance

    Shares of battered Beyond Meat Inc. are down 3.5% Monday after the stock was downgraded by Barclays amid volatile market conditions and lingering questions around Beyond's results and cash flow guidance. Barclays analyst Benjamin Theurer downgraded the stock to underweight from equal weight while shaving the price target to $10 from $13. "Although the company expects to turn cash flow positive by 2H23, we remain skeptical given current cash burn rates and a sizable net loss of over $100 [million

    11/28/2022BYND
    Beyond Meat Won’t Gain From Rising Beef Prices. Why the ‘Worst Is Yet to Come.’

    Barclays analyst Benjamin Theurer downgraded the faux-meat stock to Underweight from Equal Weight on Monday.

    11/28/2022BYND
    Barclays downgrades Tyson Foods, Beyond Meat stocks

    Yahoo Finance Live anchors discuss a new Barclays note on protein stocks.

    11/28/2022BYND
    These Are The 5 Best Stocks To Buy And Watch Now

    Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?

    11/22/2022BYND
    Why Beyond Meat Stock Is Falling Today

    Shares of Beyond Meat (NASDAQ: BYND) were falling by 5.4% at 10:55 a.m. ET on Tuesday morning on no company-specific news, though The New York Times did publish an article today questioning whether the company's falling sales were due to inflationary pressures or because it has reached peak saturation. The article said while many consumers had been switching from high-cost plant-based meat alternatives to lower-cost real meat, some analysts believe it has reached about all the consumers it can ...

    11/22/2022BYND
    Beyond Meat leadership under fire as plant-based sales slow

    Yahoo Finance Live anchors discuss the Wall Street Journal and New York Times blasting Beyond Meat’s leadership.

    11/22/2022BYND
    3 Reasons to Avoid Beyond Meat Stock

    Despite launching multiple new products over the past few years, including meatless chicken tenders and jerky, that hasn't been enough to keep revenue from falling. The company blamed the underwhelming Q3 revenue numbers on a "challenging macro environment," and the reality is that might not be improving next year.

    11/21/2022BYND
    Beyond Meat’s Very Real Problems: Slumping Sausages, Mounting Losses

    Founder and CEO Ethan Brown has struggled to manage growth, some current and former employees say. “Pushing back on Ethan was very hard.”