|Bid||7.77 x 1300|
|Ask||7.82 x 3000|
|Day's Range||7.70 - 7.83|
|52 Week Range||6.92 - 13.50|
|Beta (5Y Monthly)||0.21|
|PE Ratio (TTM)||195.25|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Beyond Meat could hit $1 billion in revenue if it focuses on food-service partnerships according to UBS. Yahoo Finance’s Zack Guzman and Heidi Chung discuss with Payne Capital Management President Ryan Payne on YFi PM.
Beyond Meat beat on both the top and bottom lines in its Q3 earnings, and raised its guidance for the full year. The company keeps making gains, but as the field of meat alternatives is getting more and more crowded, CEO Ethan Brown says Beyond Meat is focusing on long-term growth.
It's National Taco Day! Yahoo Finance's Heidi Chung explains where to get the best deals. She is joined by Zack Guzman, Emily McCormick and Barron’s Senior Writer, Alexandra Scaggs.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
Beyond Meat (NASDAQ:BYND) stock is down over 60% from July. After its initial public offering (IPO) on May 2, BNYB stock price exploded to a peak of $234.90. Even with the steep plunge, BNYD stock is still up over 20% from its May 2 closing price.Source: Shutterstock But the party may be ending for the plant-based meat substitute producer. BYND was one of the last of the so-called unicorn stocks to fog investors' mirrors. Even though it has yet to show a profit, BYND stock price climbed over 700% from its initial IPO price of $25.Some of this was based on the altruistic reasons that some consumers have for reducing or eliminating meat from their diet. But emotion only takes a stock so far, and the problem for BYND stock is that as more facts are coming out about the product and consumer acceptance (or lack thereof), the stock may have further to fall.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Excess Optimism Might Hurt Beyond Meat StockA recent poll commissioned by Herbalife Nutrition found that 71% of the 2,000 respondents polled were open to including more plant-based foods in their diet. In addition, 53% said meat did not play a very large role in their diet. A key finding was that 16% of those surveyed said they didn't eat "meatless meat". However, when presented with additional facts, many conceded they were not aware "meatless meat" was not made in a lab. * 7 Stocks to Sell Before They Roll Over Undoubtedly statistics like this helped propel Beyond Meat's stock to stratospheric levels. And Beyond Meat looked to be building its brand with new product offerings and expanding margins that would, theoretically, lift the company into the black.However, all of that was based on the company continuing to grow its 2.1% market share. That looks to be in doubt. Is Beyond Meat a Healthier Alternative?In a recent op-ed piece in the Wall Street Journal, Rick Berman wrote in detail why plant-based meat was not any healthier than meat itself. The article points out that unlike the trend toward "clean food" which has no additives, plant-based meat is going in the opposite direction. And as consumers figure that out, they may turn away from BYND products.It appears that may already be starting. Berman writes that BYND's touted partnership with Tim Hortons is falling apart. The chain has pulled BYND products from all Canadian stores outside of British Columbia and Ontario. Del Taco (NASDAQ:TACO) and McDonald's (NYSE:MCD) are also reporting disappointing sales numbers.As I see it, this is touching on a fundamental problem for Beyond Meat. If they are going to grow their market share, they will need to draw in more than vegans and vegetarians. This presents two concerns.First, this represents a very narrow section of the population. According to a 2018 Gallup poll of 1,000 U.S. adults, only 5% identified themselves as vegetarian and only 3% identified as vegan. Gallup has been conducting this poll since 1999 and the percentages have stayed stable.Second, it's dangerous to assume why a vegetarian or vegan is choosing that lifestyle. Finding a plant-based burger substitute that "tastes like a burger" may not be their issue. And, as Berman wrote, a Beyond Meat burger may not be a very healthy alternative anyway. Will Traditional Meat Eaters Give BYND a Shot?So that means Beyond Meat needs to convert traditional meat-eaters to give its product a shot on an occasional basis. Here again I see a problem.If I want a burger, I want a burger. And if I don't want a burger, even if that's for altruistic reasons, I can choose a range of other foods - none of which are a burger. In fact, I can choose a vegetarian or vegan entree. It's that simple. There are a lot of choices. The Bottom Line on BYND StockIf it sounds like I'm down on BYND stock, it's because I am. When I look at the product, I see the company doesn't have a proprietary formula. When I look at the market, I see competition that is growing by the day.Beyond Meat does not have a moat to protect its business model. What it has is emotion. And investors all too often buy on emotion. But when investors buy on emotion, they will, at some point, need to justify with facts.The facts right now are that consumers can find different options to signal their objection to meat. And as more information about "how the sausage is made" is released, consumers will begin to realize that a Beyond Meat burger may be good for the environment, but not good for their health.As of this writing, Chris Markoch did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Sell Before They Roll Over * 5 Beaten-Up Stocks to Buy That Could Be Saved By An Acquisition * 4 Startup Stocks Getting Smashed The post The Facts Are Catching Up with BYND Stock appeared first on InvestorPlace.
Del Taco Restaurants, Inc. (TACO) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Mexican-American quick service restaurant chain Del Taco Restaurants Inc (NASDAQ: TACO ) reported disappointing third quarter results Monday afternoon which could result in a "realistic bar" ...
Del Taco (TACO) delivered earnings and revenue surprises of -28.57% and -0.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Del Taco Restaurants Inc. fell more than 8% in the extended session Monday after the fast-food company posted an adjusted per-share profit below expectations and trimmed its guidance. Del Taco said it lost $7.7 million, or 21 cents a share, versus earnings of $5.9 million, or 15 cents a share, in the fiscal third quarter of 2018. Adjusted for one-time items, Del Taco earned $3.7 million, or 10 cents a share, compared with $6 million, or 15 cents a share, a year ago. Revenue rose 2% to $120.2 million. Analysts polled by FactSet had expected the company to report adjusted earnings of 14 cents a share on sales of $119 million. The outlook for 2019 was revised to "reflect (the company's) performance year-to-date and more conservative expectations for the 16-week fiscal fourth quarter," Del Taco said in a statement. Del Taco said it expects 2019 sales between $512 million and $515 million, down from a previous expectation of sales between $517 million and $527 million. The company called for adjusted per-share earnings between 44 cents and 47 cents, from a previous guidance of adjusted EPS between 47 cents and 52 cents. Shares of Del Taco ended the regular trading day up 2.9%.
Del Taco Restaurants (NASDAQ: TACO ) releases its next round of earnings Monday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report. Earnings and Revenue Based ...
Del Taco (TACO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
By John Jannarone Red Robin Gourmet Burgers, Inc. (ticker: RRGB) has done what activist Brian Kahn of Vintage Capital Management doubted was possible without his help: Find a credible CEO to attempt a turnaround. The question is whether shareholders will still be left hungry. The struggling burger chain announced Thursday it had hired restaurant veteran […]
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
In order to simplify current menu options and make room for future menu items, Taco Bell is cutting nine items on September 12.
Fried Chicken giant KFC, operating under Yum! Brands (YUM), announced that they are planning on serving vegan fried chicken with the help of Beyond Meat (BYND).