On Friday, Beyond Meat Inc (NASDAQ: BYND) opened lower -2.40% from the last session, before settling in for the closing price of $5.01. Price fluctuations for BYND have ranged from $4.79 to $12.12 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 52.34%. Company’s average yearly earnings per share was noted 59.43% at the time writing. With a float of $61.06 million, this company’s outstanding shares have now reached $64.62 million.
The extent of productivity of a business whose workforce counts for 749 workers is very important to gauge. In terms of profitability, gross margin is -16.62%, operating margin of -86.29%, and the pretax margin is -83.62%.
Beyond Meat Inc (BYND) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Beyond Meat Inc is 6.35%, while institutional ownership is 47.07%.
Beyond Meat Inc (BYND) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.92 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.89) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -60.31% drop over the previous five years of trading.
Beyond Meat Inc (NASDAQ: BYND) Trading Performance Indicators
Check out the current performance indicators for Beyond Meat Inc (BYND). In the past quarter, the stock posted a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.18, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.55 in one year’s time.
Technical Analysis of Beyond Meat Inc (BYND)
The latest stats from [Beyond Meat Inc, BYND] show that its last 5-days average volume of 3.23 million was superior to 2.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.64%. Additionally, its Average True Range was 0.32.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 2.25%, which indicates a significant decrease from 5.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.44% in the past 14 days, which was higher than the 72.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.15, while its 200-day Moving Average is $6.80. Now, the first resistance to watch is $5.02. This is followed by the second major resistance level at $5.14. The third major resistance level sits at $5.23. If the price goes on to break the first support level at $4.81, it is likely to go to the next support level at $4.72. The third support level lies at $4.60 if the price breaches the second support level.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
There are currently 65,203K shares outstanding in the company with a market cap of 311.20 million. Presently, the company’s annual sales total 343,380 K according to its annual income of -338,140 K. Last quarter, the company’s sales amounted to 81,010 K and its income totaled -26,580 K.
