BYND - Beyond Meat, Inc.
Chart Events
Commodity Channel Index
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 141.64 |
| Open | 146.66 |
| Bid | 141.05 x 1000 |
| Ask | 141.33 x 1300 |
| Day's Range | 140.30 - 146.87 |
| 52 Week Range | 48.18 - 239.71 |
| Volume | 4,938,832 |
| Avg. Volume | 9,436,232 |
| Market Cap | 8.758B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.07 |
| Earnings Date | Jul 27, 2020 - Jul 31, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 100.62 |
Fair Value
Related Research
- Motley Fool
More Than a Year After Its IPO, Are You Too Late to Buy Beyond Meat?
Beyond Meat (NASDAQ: BYND) has been a stock market superstar for most of its time as a publicly traded company. The maker of plant-based meat alternatives started out with a bang when its stock surged 84% in its debut a little more than a year ago.
- Motley Fool
3 Differences Between Beyond Meat and Impossible Foods
These companies differ on how they make plant-based meats, which products they're pursuing, and how much they're capable of manufacturing.
- Yahoo Finance Video
Frozen foods sales surge since state of pandemic: AFFI
Alison Bodor, American Food Institute Pres & CEO, joins The First Trade to discuss the frozen food industry and how its faring amid this pandemic.
- InvestorPlace
Beyond Meat Stock Needs ‘Second-Mover’ Advantage to Be a Real Winner
Beyond Meat (NASDAQ:BYND) is a special case. Although BYND stock is a food stock, it trades like a tech stock.Source: Sundry Photography / Shutterstock.com I wrote in June it was priced well beyond fundamentals. It still is. This is despite two sharp plunges that have it trading 17% below its June 11 price.Beyond Meat opened for trade July 2 at about $145 per share. That's a market cap of $8.8 billion for a company with 2019 revenues of $297 million and no profits. The valuation is beyond belief … it's beyond beyond. Even if it's made with plants, it's just hamburger! (OK, sometimes it's sausage.)InvestorPlace - Stock Market News, Stock Advice & Trading TipsYet analysts like TV's Jim Cramer keep pounding the table for BYND stock. He insists a deal with Alibaba (NYSE:BABA) to sell its products in China is a game changer.But at 30 times revenue? Beyond HappyBeyond's success and prospects have everyone pushing the happy button. The company's products are already available at Starbucks (NASDAQ:SBUX) and YUM! Brands' (NYSE:YUM) KFC chain. * 7 Utilities Stocks to Buy With Reassuring Dividends CEO Ethan Brown says the novel coronavirus pandemic is a unique opportunity for the company to scale and get its costs below those of farm-raised beef.Price has become the objection to products like Beyond's burgers. Brown knows that and is addressing it. The Alibaba link means Beyond will soon open a plant in China. Its new value pack is priced at $1.60 per burger. That's within 20% of the real thing. It's what Brown calls a "ruthless business strategy."Getting into China is also a big deal. So is the grocery store packaging, which takes Beyond past its roots in restaurants and food service. Target (NYSE:TGT) and Walmart (NYSE:WMT) are both selling the value pack for this weekend's cookouts. Trouble Ahead?But not all is wonderful in Beyond's universe.McDonald's (NYSE:MCD), for instance, would be a huge "get" for the plant-based protein company. It had been testing Beyond's patties in Canada, calling the result a "P.L.T," for plant, lettuce and tomato. But that test ended in April with no fanfare, no announcement and no plans to bring it back. It was like the big audition where the director just said, "Thank you, next" and you have no idea what went wrong.This, along with the stock's price, caused some to push the panic button. Barclay's dropped its rating from buy to sell, noting its continued reliance on restaurants for sales.It's not that McDonald's is divorcing itself from Beyond Meat. The company sells plant protein in many markets, like Finland, India and South Africa. But a full rollout in North America, where it has almost 14,000 outlets, would require an enormous commitment. It may just not be ready for that. Or it may be looking at other suppliers. There are dozens to choose from including Tyson Foods (NYSE:TSN), Kellogg (NYSE:K), Hormel Foods (NYSE:HRL), Nestle (OTCMKTS:NSRGY) and Kroger (NYSE:KR). The Bottom Line on BYND StockSince coming public in April 2019, BYND stock has traded for as much as $235 per share and for as little as $55, during the worst of the lockdown.If I had been smart enough to buy at the IPO, or at that March low, I would be taking profits right now.It's not that I doubt the future of meatless meat. I just think it will be a competitive market. Beyond must do more than get its costs below that of beef and pork. Its brand must beat other, larger companies trying to do the same thing. Brown's strategy isn't ruthless, it's essential to success.While Beyond Meat has first mover advantage, as MySpace once did, it has yet to prove what I call "second-mover" advantage, like Facebook (NASDAQ:FB). The pioneer proves the market, the winner exploits it. Do that, and you'll be a giant, my son.Dana Blankenhorn has been a financial journalist since 1978. His latest book is Technology's Big Bang: Yesterday, Today and Tomorrow with Moore's Law, essays on technology available at the Amazon Kindle store. Follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in FB and BABA. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Beyond Meat Stock Needs 'Second-Mover' Advantage to Be a Real Winner appeared first on InvestorPlace.
- Zacks
Do Options Traders Know Something About Beyond Meat (BYND) Stock We Don't?
Investors need to pay close attention to Beyond Meat (BYND) stock based on the movements in the options market lately.
- MarketWatch
Coronavirus update: U.S. case tally climbs above 2.6 million, and top Republicans now call on Americans to wear face masks
The number of confirmed cases of the coronavirus illness COVID-19 in the U.S. climbed above 2.6 million on Wednesday, a day after Dr. Anthony Fauci said it could spike to more than 100,000 a day if the fresh clusters emerging in the South and West are not brought under control.
- MarketWatch
What a long, strange trip summer vacation will be this year
Social-distancing prudence means we’ll drive or stay at home, and we’ll use media more than ever, writes Dawn Pennington.
- Yahoo Finance Video
Beyond Meats enters China with Freshippo Markets
Beyond Meat announced that it would be launching retail sales of its burger patties in Mainland China through Freshippo Markets, a company under Alibaba Group Holding. The deal will begin out of 50 stores in Shanghai with plans to expand to another 48 stores in Beijing and Hangzhou by September. Yahoo Finance’s Heidi Chung joins The Final Round panel breaks down the details.
- Motley Fool
Why Beyond Meat Stock Jumped Today
Shares of Beyond Meat (NASDAQ: BYND) climbed on Wednesday after the meat alternatives company announced a new partnership with one of the largest and most powerful companies in China. Beyond Meat's plant-based burger patties will be sold at 50 of Alibaba's (NYSE: BABA) Freshippo grocery stores in Shanghai, beginning this weekend. The two companies plan to roll out the Beyond Burger to additional Freshippo stores in Beijing and Hangzhou in September.
- TheStreet.com
Stock Market Today With Jim Cramer: Buy Beyond Meat Shares
Jim Cramer discusses stock market news, including buying Beyond Meat shares after its deal in China, Macy's poor earnings and Boeing's new CEO.
- GlobeNewswire
Beyond Meat Investors Who Have Held Their Stock Continuously Since May 2, 2019 Encouraged To Contact Kehoe Law Firm, P.C.
PHILADELPHIA, July 01, 2020 -- Kehoe Law Firm, P.C. continues its investigation of potential breaches of fiduciary duty claims involving certain officers and/or directors of.
- TheStreet.com
It Looks Like the Uptrend in Beyond Meat Is Continuing
The "Lightning Round" segment of Mad Money is rapid fired investment advice by Jim Cramer. In this daily bar chart of BYND, below, we can see that prices just bounced off the rising 50-day moving average line. The daily On-Balance-Volume (OBV) line has been showing aggressive buying since the beginning of the year.
- Barrons.com
Beyond Meat Is Soaring Because China’s Retail Market Is a Big Deal
News that the company’s faux-meat products will be available in retail stores in China helps answer concern that the highflying startup is too dependent on restaurant sales.
- Bloomberg
Beyond Meat Is Headed for Chinese Supermarket Shelves
(Bloomberg) -- Beyond Meat Inc. is headed somewhere it’s never been before: supermarket shelves in mainland China.The faux-meat maker will begin selling its plant-based burger in the frozen section of 50 Freshippo stores in Shanghai this weekend, Beyond said in a statement. Starting in September, it will expand to 48 more locations, in Beijing and Hangzhou, of the Alibaba Group Holding Ltd.-owned chain.“Retail will be a critical part of our success in China,” Beyond Chief Executive Officer Ethan Brown said in the statement.Beyond Meat shares jumped as much as 10% to $147.89 in at 9:39 a.m. in New York. It’s the biggest one-day gain for the stock since June 8.The supermarket partnership extends Beyond’s reach into a large and potentially lucrative market after it made inroads in China with restaurant chains such as Starbucks Corp. and Yum China Holdings Inc. Beyond rival Impossible Foods Inc. also has stated ambitions to enter the country, which accounts for more than a quarter of global meat consumption.With the global coronavirus pandemic disrupting the supply chain for beef and chicken, consumers have increasingly gravitated toward meat alternatives. Sales of plant-based meat products surged 264% in the U.S. in the early months of the lockdown.While there are mounting concerns over pandemic-related troubles for the restaurant industry, Beyond Meat’s shares have risen more than 75% so far this year.(Updates Wednesday’s share performance in the fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- TheStreet.com
Beyond Meat Shares Surge on Plans to Sell Plant-Based Burgers in China
"Retail will be a critical part of our success in China,' said Beyond Meat CEO Ethan Brown, who plans to have the company's plant-based burger patties on the shelves of around 100 stores in China by September.
- Motley Fool
Beyond Meat Partners With Alibaba to Expand in China
Alternative meat producer Beyond Meat (NASDAQ: BYND) announced a new partnership with Alibaba (NYSE: BABA) to expand its reach in mainland China, according to CNBC. The company's Beyond Burgers will initially be sold in 50 of Alibaba's Freshippo grocery stores in Shanghai beginning Saturday. Beyond Meat already has a presence in mainland China through partnerships with Starbucks (NASDAQ: SBUX) and Yum China (NYSE: YUMC).
- Barrons.com
The Dow Is Dropping. FedEx Stock, Beyond Meat Jump
The third quarter is set to begin for a whimper for stocks. Futures on all the main U.S. indexes are lower.
- Barrons.com
Beyond Meat Is Doubling Down on China
Beyond Burgers will be sold in 50 Shanghai-based supermarkets called Freshippo, which are operated by Alibaba.
- Financial Times
Beyond Meat takes a bite out of Chinese retail market
Beyond Meat is pushing into the Chinese retail market for the first time in a deal with a supermarket chain owned by Alibaba, betting that the coronavirus pandemic will make it easier to crack the country’s consumers. The pandemic has contributed to a rise in the price for many meats as authorities suspended imports from a growing number of foreign plants where outbreaks of Covid-19 have been rife. Under the terms of the deal, Beyond Meat will offer its burgers in 50 Freshippo stores in Shanghai before rolling them out to other cities.
- MarketWatch
Beyond Meat partners with Alibaba for new China push
Beyond Meat Inc. is making its retail-store debut in China through an arrangement with Alibaba Group Holding Ltd.
- TechCrunch
Beyond Burger arrives in Alibaba's grocery stores in China
Beyond Meat is starting to hit supermarket shelves in China after it first entered the country in April by supplying Starbucks' plant-based menu. Within weeks, it had also forayed into select KFC, Taco Bell and Pizza Hut outlets -- all under the Yum China empire. China, the world's biggest market for meat consumption, has seen a growing demand for plant-based protein. Euromonitor predicted that the country's “free from meat” market, including plant-based meat substitutes, would be worth almost $12 billion by 2023, up from just under $10 billion in 2018.
- Benzinga
Beyond Meat To Make Chinese Retail Debut With Alibaba Partnership
Beyond Meat (NASDAQ: BYND) is making its retail store debut in China in partnership with Alibaba Group Holding Ltd. (NYSE: BABA), MarketWatch reported Tuesday.What Happened The plant-based meat substitute maker's Beyond Burger will be available in 50 outlets of Alibaba's Freshippo supermarkets in Shanghai starting this weekend, according to MarketWatch."We know that retail will be a critical part of our success in China, and we're pleased to mark this early milestone within a few months of our market entry," Beyond Meat Chief Executive Ethan Brown said in a statement, as reported by MarketWatch.The move will introduce the company's products to "home cooks throughout China," Brown added.Beyond Meat plans to further expand its Freshippo store presence throughout the year, with 48 outlets in Beijing and Hangzhou as the next target.Why It Matters The California-based company also offers its products in China through partnerships with Starbucks Corporation (NASDAQ: SBUX) and Yum! Brands, Inc. subsidiaries (NYSE: YUM) Pizza Hut, Taco Bell, and KFC, but this is the first time that the company's burgers will be directly available for home-cooking in the country.Beyond Meat competes with Impossible Foods and Beijing-based startup Zhenmeat for market share in China.Price Action The company's shares closed nearly 1.9% higher at $133.98 on Tuesday. The shares traded 0.7% lower in the after-hours session at $133.10.Image: WikimediaSee more from Benzinga * After Starbucks Partnership, Impossible Foods CEO Says Meat Industry Will Be 'Completely Replaced' In 15 Years(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Insider Monkey
Is Beyond Meat, Inc. (BYND) A Good Stock To Buy?
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- GuruFocus.com
William Blair Commentary- Plant-Based Protein: More Than a Fad?
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