(VIANEWS) – Beyond Meat (BYND) shares have fallen 32.07% over 21 sessions, from EUR8.7 to EUR5.91 following an upward trend in the previous session. NASDAQ’s gains of 1.64% to EUR13,061.47 have caused this decrease; even so, Beyond Meat remains 73.91% below its 52-week high of EUR22.87 at last close.
About Beyond Meat
Beyond Meat is a food company specializing in plant-based meat products and has become an industry leader since 2009. Their offerings encompass a range of plant-based proteins that replicate the taste and texture of traditional animal-based products like beef, pork and poultry – such as with various platforms including beef, pork and poultry. Beyond Meat offers its products through multiple distribution channels including grocery stores, mass merchandisers, clubs convenience stores natural retailers foodservice outlets such as restaurants schools etc. It was established in 2009 with headquarters located in El Segundo California
Yearly Analysis
Based on available information, Beyond Meat (Euronext: BYND) stock is currently trading at EUR5.91; which is significantly below its 52-week high of EUR22.87 but higher than its low of EUR5.58 – suggesting it has experienced significant value reduction since year’s end.
Beyond Meat is forecasting negative 12.6% sales growth this year, signaling a decrease. Next year is expected to show modest improvements and is estimated at 5.7% growth.
Beyond Meat has an EBITDA (an indicator of profitability) value of -38.11, meaning they are currently operating at a loss.
Overall, Beyond Meat’s current stock valuation coupled with anticipated sales growth and negative EBITDA may cause concern among investors. However, investors should keep in mind that its financial performance may improve over time; before making any definitive investments decisions.
Technical Analysis
Beyond Meat is currently trading significantly below both its 50-day and 200-day moving averages, signalling a bearish trend in its stock price. This presents investors with an opportunity to enter at a lower entry point while capitalizing on past performance; however, prior research should always be performed in order to make informed investment decisions.
Additionally, the stock’s volume has fallen below its average volume level which could indicate low investor enthusiasm for it or represent a potential buying opportunity as this lower volume could bring about reduced bid-ask spread and transaction costs for investors.
Beyond Meat has experienced relatively low volatility over the past quarter, with an average intraday variation of 3.07%. While this could be seen as positive news for investors, it’s important to keep in mind that volatility may increase or decrease over time and past performance is no indication of future performance.
Overall, investors should conduct their own research and analysis and consult with a financial advisor prior to making any investments decisions.
Quarter Analysis
Based on available information, here’s an investment forecast for Beyond Meat:
Sales Growth:
Beyond Meat has experienced an overall sales increase of 6.6% this quarter and 4.2% next quarter – indicative of their modest upward trajectory in sales growth.
Quarters Growth Estimates: The company’s growth estimates for both the current quarter and next quarter stand at 46.9% and 27.6% respectively, suggesting strong potential growth within each of these quarters, which could signal positive returns for investors.
Revenue Growth:
Beyond Meat still maintains an impressive year-on-year revenue growth of 30.5% year over year with 12 month trailing revenues totaling 356.82M despite experiencing a 30% year over year decline in quarterly revenue growth. This indicates that their revenue remains substantial despite this significant dip.
Beyond Meat is an uncertain investment choice. While its strong growth estimates for upcoming quarters may attract investors, its slowed revenue growth should cause concern. Therefore, investors should closely follow Beyond Meat’s financial performance and market conditions so as to make an informed decision when making their investment decision.
Equity Analysis
Beyond Meat Inc (BYND) is a premier producer of plant-based meat substitutes with a trailing twelve months EPS figure of EUR-4.4 indicating it does not generate profits yet; however, given that this company only recently went public (in May 2019), this may take time before becoming profitable.
Investors should also carefully consider Beyond Meat’s impressive revenue growth. In 2020, for its fiscal year ending September 30th, Beyond Meat reported revenues of EUR418.2 million – up significantly from EUR128.1 million reported for 2019. This growth can largely be attributed to consumers becoming increasingly health conscious and environmentally aware resulting in demand for plant-based meat substitutes as an increasing number of plant-based options become more readily available on supermarket shelves.
Beyond Meat has developed partnerships with several of the major food companies such as McDonald’s, TGI Fridays and KFC that have increased brand recognition and distribution channels for their product offerings. Together these alliances suggest that Beyond Meat could experience substantial growth over time.
Overall, Beyond Meat’s current negative EPS figure may cause investors to worry. But with revenue growth and partnerships with major food companies indicating strong potential growth potential. It is imperative that investors conduct further research and analysis before making their final decision.
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