Beyond Meat, Inc. (NASDAQ:BYND) went down by -4.38% from its latest closing price when compared to the 1-year high value of $239.71 and move down -77.52%, while BYND stocks collected -4.04% of loss with the last five trading sessions. Barron's reported on 07/10/20 that Stocks Rebound and Wipe Out Morning Losses. Gilead Lifts Hopes.
Beyond Meat, Inc. (NASDAQ:BYND) Worth an Investment?
Beyond Meat, Inc. (NASDAQ:BYND) 4 of the analysts out of 22 who provided ratings for Beyond Meat, Inc. stocks as a “buy” while 0 as overweight, 10 rated it as hold and 7 as sell. The average price we get from analysts is $102.63 which is -$30.55 below current price. BYND currently has a short float of 11.12% and public float of 54.11M with average trading volume of 9.49M shares.
BYND Market Performance
BYND stocks went down by -4.04% for the week, with the monthly drop of -13.53% and a quarterly performance of 86.76%, while its annual performance rate touched -22.49%. The simple moving average for the period of the last 20 days is -8.08% for BYND stocks with the simple moving average of 28.57% for the last 200 days.
Analysts’ Opinion on Beyond Meat, Inc. (NASDAQ:BYND)
Many brokerage firms have already submitted their reports for BYND stocks, with Citigroup repeating the rating for BYND shares by setting it to “Sell”. The predicted price for BYND socks in the upcoming period according to Citigroup is $123 based on the research report published on July 10, 2020.
Barclays, on the other hand, stated in their research note that they expect to see BYND stock at the price of $123. The rating they have provided for BYND stocks is “Underweight” according to the report published on June 29, 2020.
Credit Suisse gave “Neutral” rating to BYND stocks, setting the target price at $142 in the report published on June 17, 2020.
BYND Stocks -0.94% Far from 50 Day Moving Average
After a stumble in the market that brought BYND to its low price for the period of the last 52 weeks, Beyond Meat, Inc. was unable to take a rebound, for now settling with -43.67% of loss for the given period.
The stock volatility was left at 6.30%, however, within the period of a single month, the volatility rate increased by 4.76%, while the shares sank at the distance of -5.91% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +34.90% upper at the present time.
In the course of the last 5 trading sessions, BYND went down by -4.04%, which changed the moving average for the period of 200 days to the total of -5.57% of losses for the stock in comparison to the 20-day moving average settled at $146.48. In addition, Beyond Meat, Inc. saw 78.61% in overturn over the period of a single year with a tendency to cut further gains.
BYND Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Beyond Meat, Inc. (BYND), starting from Muth Charles, who sold 10,000 shares at the price of $143.00 back on Jul 06. After this action, Rushing now owns 201,978 shares of Beyond Meat, Inc., valued at $1,430,000 with the latest closing price.
Ajami Dariush, the Chief Innovation Officer of Beyond Meat, Inc., sold 10,000 shares at the value of $155.15 during a trade that took place back on Jun 09, which means that Ajami Dariush is holding 41,603 shares at the value of $1,551,459 based on the most recent closing price.
BYND Stock Fundamentals
The current profitability levels are settled at +1.47 for the present operating margin and +32.66 for gross margin. The net margin for Beyond Meat, Inc. stands at -4.18. Total capital return value is set at 1.67, while invested capital returns managed to touch -4.86. Equity return holds the value -1.10%, with -0.90% for asset returns.
Based on Beyond Meat, Inc. (BYND), the company’s capital structure generated 8.03 points for debt to equity in total, while total debt to capital is set at the value of 7.44. Total debt to assets is settled at the value of 6.83 with long-term debt to equity ratio rests at 1.43 and long-term debt to capital is 5.15.
The value for Enterprise to Sales is 22.84 with debt to enterprise value settled at 0.01. The receivables turnover for Beyond Meat, Inc. is 11.30 with the total asset turnover at the value of 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.46.