A new trading day began on Monday, with Beyond Meat Inc (NASDAQ: BYND) stock price up 1.47% from the previous day of trading, before settling in for the closing price of $4.07. BYND’s price has ranged from $3.30 to $12.12 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 5.73%. Meanwhile, its annual earnings per share averaged 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of Beyond Meat Inc is 7.06%, while institutional ownership is 47.83%. 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.
Beyond Meat Inc (NASDAQ: BYND) Trading Performance Indicators
Here are Beyond Meat Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.18, a number that is poised to hit -0.44 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 3.7 million, which is a drop from its year-to-date volume of 3.71 million. As of the previous 9 days, the stock’s Stochastic %D was 74.73%. Additionally, its Average True Range was 0.27.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 19.30%, which indicates a significant decrease from 67.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.21% in the past 14 days, which was lower than the 59.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.26, while its 200-day Moving Average is $6.01. However, in the short run, Beyond Meat Inc’s stock first resistance to watch stands at $4.40. Second resistance stands at $4.67. The third major resistance level sits at $4.88. If the price goes on to break the first support level at $3.92, it is likely to go to the next support level at $3.72. Should the price break the second support level, the third support level stands at $3.45.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
With a market capitalization of 269.29 million, the company has a total of 65,203K Shares Outstanding. Currently, annual sales are 343,380 K while annual income is -338,140 K. The company’s previous quarter sales were 81,010 K while its latest quarter income was -26,580 K.
