Beyond Meat Inc (BYND) recent quarterly performance of 7.00% is not showing the real picture

As on Thursday, Beyond Meat Inc (NASDAQ: BYND) started slowly as it slid -14.37% to $7.03, before settling in for the price of $8.21 at the close. Taking a more long-term approach, BYND posted a 52-week range of $5.58-$19.25.

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The Consumer Defensive Sector giants’ yearly sales growth during the last 5-year period was 52.34%. Meanwhile, its Annual Earning per share during the time was -60.31%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 56.08%. This publicly-traded company’s shares outstanding now amounts to $64.62 million, simultaneously with a float of $61.56 million. The organization now has a market capitalization sitting at $455.83 million. At the time of writing, stock’s 50-day Moving Average stood at $7.61, while the 200-day Moving Average is $8.70.

Beyond Meat Inc (BYND) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Packaged Foods industry. Beyond Meat Inc’s current insider ownership accounts for 5.07%, in contrast to 46.76% institutional ownership.

Beyond Meat Inc (BYND) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -0.83 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.86) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.53 per share during the current fiscal year.

Beyond Meat Inc’s EPS increase for this current 12-month fiscal period is 56.08% and is forecasted to reach -1.79 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -60.31% growth it accomplished over the previous five years trading on the market.

Beyond Meat Inc (NASDAQ: BYND) Trading Performance Indicators

Let’s observe the current performance indicators for Beyond Meat Inc (BYND). It’s Quick Ratio in the last reported quarter now stands at 2.72. The Stock has managed to achieve an average true range (ATR) of 0.55. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.40.

In the same vein, BYND’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.17, a figure that is expected to reach -0.52 in the next quarter, and analysts are predicting that it will be -1.79 at the market close of one year from today.

Technical Analysis of Beyond Meat Inc (BYND)

Through scrutinizing the latest numbers posted by the [Beyond Meat Inc, BYND], it can be observed that its last 5-days Average volume of 3.64 million was better the volume of 3.17 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 69.04% While, its Average True Range was 0.59.

Raw Stochastic average of Beyond Meat Inc (BYND) in the period of the previous 100 days is set at 17.90%, which indicates a major fall in contrast to 43.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 95.10% that was higher than 80.85% volatility it exhibited in the past 100-days period.