Beyond Meat Inc (NASDAQ: BYND) on Friday, plunged -2.70% from the previous trading day, before settling in for the closing price of $4.07. Within the past 52 weeks, BYND’s price has moved between $3.30 and $12.12.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 5.73%. The company achieved an average annual earnings per share of 59.22%. With a float of $60.60 million, this company’s outstanding shares have now reached $65.17 million.
Considering the fact that the conglomerate employs 749 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Beyond Meat Inc is 7.06%, while institutional ownership is 49.03%. 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
Beyond Meat Inc (BYND) is currently performing well based on its current performance indicators. A quick ratio of 1.99 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
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)
Compared to the last year’s volume of 3.4 million, its volume of 2.95 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.01%. Additionally, its Average True Range was 0.25.
During the past 100 days, Beyond Meat Inc’s (BYND) raw stochastic average was set at 15.35%, which indicates a significant decrease from 47.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.36% in the past 14 days, which was lower than the 58.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.17, while its 200-day Moving Average is $5.95. Nevertheless, the first resistance level for the watch stands at $4.06 in the near term. At $4.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.23. If the price goes on to break the first support level at $3.89, it is likely to go to the next support level at $3.83. Should the price break the second support level, the third support level stands at $3.73.
Beyond Meat Inc (NASDAQ: BYND) Key Stats
Market capitalization of the company is 258.21 million based on 65,203K outstanding shares. Right now, sales total 343,380 K and income totals -338,140 K. The company made 81,010 K in profit during its latest quarter, and -26,580 K in sales during its previous quarter.
