On Monday, Beyond Meat Inc (NASDAQ: BYND) was -0.28% drop from the session before settling in for the closing price of $3.55. A 52-week range for BYND has been $3.30 – $12.12.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 52.34%. When this article was written, the company’s average yearly earnings per share was at 59.22%. With a float of $60.60 million, this company’s outstanding shares have now reached $65.17 million.
Let’s determine the extent of company efficiency that accounts for 749 employees. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Beyond Meat Inc stocks. The insider ownership of Beyond Meat Inc is 7.06%, while institutional ownership is 47.05%. The most recent insider transaction that took place on Dec 13 ’24, was worth 1,173,093. In this transaction President, Chief Exec. Officer of this company sold 313,000 shares at a rate of $3.75, taking the stock ownership to the 1,703,288 shares. Before that another transaction happened on Dec 12 ’24, when Company’s President, Chief Exec. Officer sold 162,772 for $3.92, making the entire transaction worth $637,301. This insider now owns 1,524,032 shares in total.
Beyond Meat Inc (BYND) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.22% 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
You can see what Beyond Meat Inc (BYND) is doing with its current performance indicators. In the most recent 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 0.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.18, a number that is poised to hit -0.54 in the next quarter and is forecasted to reach -1.60 in one year’s time.
Technical Analysis of Beyond Meat Inc (BYND)
Looking closely at Beyond Meat Inc (NASDAQ: BYND), its last 5-days average volume was 4.49 million, which is a jump from its year-to-date volume of 3.05 million. As of the previous 9 days, the stock’s Stochastic %D was 16.51%. Additionally, its Average True Range was 0.26.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 4.04%, which indicates a significant decrease from 15.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.91% in the past 14 days, which was lower than the 70.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.25, while its 200-day Moving Average is $6.44. However, in the short run, Beyond Meat Inc’s stock first resistance to watch stands at $3.65. Second resistance stands at $3.77. The third major resistance level sits at $3.88. If the price goes on to break the first support level at $3.42, it is likely to go to the next support level at $3.31. Should the price break the second support level, the third support level stands at $3.19.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
There are 65,203K outstanding shares of the company, which has a market capitalization of 230.82 million. As of now, sales total 343,380 K while income totals -338,140 K. Its latest quarter income was 81,010 K while its last quarter net income were -26,580 K.
