BYND - Beyond Meat, Inc.
119.31 -0.18 (-0.15%)
After hours: 6:23PM EST
| Previous Close | 118.64 |
| Open | 123.81 |
| Bid | 119.30 x 1100 |
| Ask | 119.48 x 1000 |
| Day's Range | 116.43 - 126.73 |
| 52 Week Range | 45.00 - 239.71 |
| Volume | 13,015,038 |
| Avg. Volume | 8,139,843 |
| Market Cap | 7.351B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.68 |
| Earnings Date | Oct 27, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 105.84 |
- Yahoo Finance Video
Where the plant-based food market is headed this year
2019 brought the fake meat trade front and center. What's next in the food space? AccelFoods is an early-stage venture fund investing in consumer products, including, high-quality food and beverage companies. Jordan Gaspar, Managing Partner at AccelFoods, joined The Final Round to discuss.
- Yahoo Finance Video
This plant-based seafood brand is backed by General Mills
Good Catch creates products that mimic tuna and just raised over $32 million in its series b funding round, with backing from 301 Inc., the venture arm of General Mills. Gathered Foods CEO & Co-Founder Chris Kerr, joins Yahoo Finance's Zack Guzman and Brian Cheung along with Former Netflix CEO and Co-founder, Marc Randolph, to discuss the brand and the future of alternative protein.
- Investor's Business Daily
These Are The 5 Best Stocks To Buy And Watch Now
Buying the right stocks at the right time is key to investing. Check out Costco Wholesale, Vertex Pharmaceuticals, Axon Enterprise, Cirrus Logic and Coupa Software.
- MarketWatch
McDonald’s earnings preview: Chick-fil-A is the fast-food giant’s biggest competition in the U.S.
The fast-food giant has largely sat out the chicken sandwich wars, with key players including privately-held Chick-fil-A, Wendy’s Co. (WEN) and Restaurant Brands International Inc.’s (QSR) Popeyes Louisiana Kitchen. Data compiled by Kalinowski Equity Research shows franchisees are concerned that McDonald’s (MCD) is missing a sales opportunity.
- Benzinga
Benzinga Pro's Top 5 Stocks To Watch For Fri., Jan. 24, 2020: SWKS, TEAM, KTOV, BYND, SQ
Benzinga Pro's Stocks To Watch For Friday Skyworks (SWKS) - The company reported a Q1 earnings beat and gave stronger-than-expected guidance Thursday afternoon. An item which weighed on the stock more ...
- Investor's Business Daily
Beyond Meat Stock Falls On This Red Flag For Fake Meat
Beyond Meat dropped after news of slowing sales for top rival Impossible Foods raised fears of weaker demand for fake meat overall.
- American City Business Journals
Bay Area food startup lands $161 million as alternative 'meat' race heats up
The company's largest funding round to date included participation from Richard Branson, Bill Gates and Kimbal Musk, the brother of the Tesla CEO.
- MarketWatch
Young trader’s epic Beyond Meat stock misfire: ‘Biggest mistake of my life’
For many veteran traders, $12,000 is a rounding error, but for someone just getting his feet wet in the options pits, well, losing that much will leave a mark. That’s what happened this week to an anonymous trader.
- Benzinga
4 ETFs You Won't Believe Hold Beyond Meat Stock
It can be said that value is in the eye of the beholder, but there probably isn't a practical universe in which Beyond Meat (NASDAQ: BYND ) stock is considered value fare. Value stocks typically don't ...
- Zacks
Factors to Know Ahead of Beyond Meat's (BYND) Q4 Earnings
Continued focus on expanding customer base and production facility along with solid demand is likely to have aided Beyond Meat's (BYND) performance in fourth-quarter 2019.
- Benzinga
Beyond Meat Shares Surge As Starbucks Looks Towards Plant Options In Carbon Pledge
Beyond Meat Inc.'s (NASDAQ: BYND) shares continued their surge on Tuesday as Starbucks Corporation (NASDAQ: SBUX) said it would expand into more plant-based options to reduce its carbon impact. Johnson said that Starbucks would seek a 50% cut in carbon emissions from its direct operations and supply chain.
- Yahoo Finance
Stock market news live: Stocks end lower as China virus rattles markets; Netflix and IBM top expectations
Headlines moving the stock market in real time.
- InvestorPlace
5 Top Stock Trades for Wednesday: ROKU, NFLX, YETI
Coronavirus worries weighed on stocks, as investors try to balance buying the dip and remaining cautious. Let's look at a few top stock trades for this shortened trading week. Top Stock Trades for Tomorrow No. 1: Roku (ROKU)Source: Chart courtesy of StockCharts.comRoku (NASDAQ:ROKU) has been trading really poorly lately, with the exception of Tuesday. Despite its nearly 5% rally, there's still a lot of "junk" overhead. That is to say, the chart just isn't clean right now.Some investors will say Roku is clearing downtrend resistance (purple line), while others will say it has yet to do so (brown line). Either way, it's trying to reclaim its 20-day moving average, and is still below its 50-day moving average.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI don't really like messy charts. However, we can simplify this one. On the upside, let's see if Roku can clear the 50-day moving average near $141.75. Above it puts $150 on the table, a notable level since August, and it's also where the backside of prior uptrend support (blue line) comes into play. * The 10 Best Value Stocks to Own in 2020 On the downside, look to see if Roku breaks below $127.50 support. Below puts the $117.50 to $120 area, and the 200-day moving average on the table. Top Stock Trades for Tomorrow No. 2: Netflix (NFLX)Source: Chart courtesy of StockCharts.comOn Tuesday after the close, Netflix (NASDAQ:NFLX) will report earnings. While the stock suffered badly in the third quarter, it has performed quite well since the start of the fourth quarter. Even though bulls are in control at the moment, this one tends to be a wild mover on earnings.Shares have reclaimed the 200-day moving average and continue to ride the 20-day moving average higher. However, the stock hasn't been able to reclaim prior range support near $340.The setup now is simple: Either bulls rally NFLX stock on earnings and reclaim $340, or shares pull back.If it's the former, look to see if NFLX can fill the gap back up toward $362. Above it puts $370 on the table, followed by range resistance at $385. On a pullback below the 20-day moving average, look for support from the 200-day moving average near $323, with the 50-day moving average and uptrend support at $315. Top Stock Trades for Tomorrow No. 3: Yeti (YETI)Source: Chart courtesy of StockCharts.comYeti (NYSE:YETI) posted big gains on the day, but is hitting a critical level on the upside. The $35 to $36.50 zone has been a big level of resistance over the past year, as investors have failed to sustain any of the stock's rallies over this area.On the plus side, the stock continues to put in a series of higher lows and is not overbought -- technically speaking.If Yeti can clear Tuesday's high, it puts the 2019 high just over $38 on the table. Over that, and $40-plus can be achieved amid a powerful breakout. Likewise, resting in this $35 to $37 zone could give Yeti stock a necessary pause before continuing higher too. * 4 Marijuana Stocks to Buy for the Big 2020 Rebound Below $35 may keep resistance in play for the time being, and likely puts the 20-day moving average in play. Top Stock Trades for Tomorrow No. 4: McDonald's (MCD)Source: Chart courtesy of StockCharts.comMcDonald's (NYSE:MCD) stock began struggling in October, but was then hammered after earnings. The stock fell 15% from peak to trough, and dropped below all of its major moving averages.Since bottoming in early November, McDonald's stock has been acting much better, and the stock has really taken flight so far in 2020. Shares are technically overbought (blue circle), but are now taking pause.If MCD continues higher, look to see if it can reclaim $215. Over $215 puts $220 resistance on the table. However, a controlled pullback to the 200-day moving average and uptrend support (blue line) would be ideal for bulls to buy the dip. Top Stock Trades for Tomorrow No. 5: Beyond Meat (BYND)Source: Chart courtesy of StockCharts.comBeyond Meat (NASDAQ:BYND) remains volatile, rallying about 11% on Tuesday and moving out of that nice bullish consolidation from last week.Let's see if BYND can take out last week's high near $135. Above $140, and the $170 area may be possible. On a pullback, see that $110 buoys Beyond. Below the backside of prior downtrend resistance (blue line), and the 20-day or 50-day moving average is possible.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monthly Dividend Stocks to Buy to Pay the Bills * 7 Earnings Reports to Watch Next Week * 7 5G Stocks to Connect Your Portfolio To The post 5 Top Stock Trades for Wednesday: ROKU, NFLX, YETI appeared first on InvestorPlace.
- MarketWatch
Beyond Meat stock rallies after Starbucks announces plans for plant-based menu additions
Beyond Meat Inc. stock jumped 15% in Tuesday trading after news from Starbucks Corp. Chief Executive Kevin Johnson that the coffee giant aims to add more plant-based items to its menu. Starbucks stock is nearly unchanged in early trading. Beyond Meat is currently in testing mode with another restaurant giant, McDonald's Corp. , and just announced a supply agreement with pea-protein producer Roquette, which the company said will aid in further scaling of the business. Beyond Meat stock is up 13.6% over the last three months while the S&P 500 index is up 10.7% for the period.
- Bloomberg
Starbucks Explores Faux Meat for Breakfast, Sending Beyond Meat Higher
(Bloomberg) -- Starbucks Corp., the world’s biggest coffee-shop chain, is looking into meat alternatives to rev up its breakfast menu, and that caught the attention of Beyond Meat Inc. investors.Seattle-based Starbucks said in an email to Bloomberg News that it’s “exploring meat alternatives” for its breakfast menu, but declined to comment on specific partnerships or brands. Major restaurants have raced to include faux meat as consumers warm to plant-based products that have the look and feel of meat.Beyond Meat shares jumped as much as 14% to $124.82 on Tuesday. Rupesh Parikh, an analyst at Oppenheimer, said the Starbucks announcement illustrates how the market for faux-meat products continues to grow.“It shows how the trend continues to go mainstream,” Parikh said in an email. “Beyond likely has a chance at selling products at Starbucks.”Beyond Meat has already partnered with McDonald’s Corp. for testing in Canada. The company’s imitation beef and sausage products are becoming increasingly widespread in North American restaurants.Starbucks, meanwhile, has been adding dairy alternatives to its beverage menu, with the recent addition of oat milk at about 1,300 of its 14,000 U.S. locations. The company has also tried to add more healthy options to its menu in recent years in addition to high-calorie breakfast pastries. That’s included cauliflower-tabbouleh salads and almond-butter sandwiches.Starbucks also announced Tuesday that it’s trying to reduce its carbon footprint by curbing emissions, water usage and waste. The company’s shares fell less than 1% in New York trading on Tuesday.To contact the reporters on this story: Leslie Patton in Chicago at lpatton5@bloomberg.net;Andres Guerra Luz in New York at aluz8@bloomberg.netTo contact the editors responsible for this story: Sally Bakewell at sbakewell1@bloomberg.net, Jonathan Roeder, Lisa WolfsonFor 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.
- MarketWatch
Starbucks to add plant-based menu options as part of expanded sustainability commitment
Starbucks Corp. Chief Executive Kevin Johnson said Tuesday that the coffee purveyor will add plant-based menu options as part of an expanded sustainability commitment. "Our aspiration is to become resource positive - storing more carbon than we emit, eliminating waste, and providing more clean freshwater than we use," Johnson wrote in a message posted on the Starbucks site. The new food items are an effort to create a more environmentally-friendly menu. The company will also shift to reusable packaging, invest in innovative agricultural practices and forest conservation efforts, better manage waste and create more eco-friendly stores. Preliminary targets for 2030 are to cut carbon emissions by half in both the company's operations and supply chain; halve water usage for operations and coffee production; and halve the amount of waste sent to landfills. Beyond Meat Inc. shares gained 3% in Tuesday premarket trading. Starbucks stock has rallied 44.7% over the past year while the S&P 500 index has gained 24.7% for the period.
- TheStreet.com
Beyond Meat Soars After Starbucks Unveils Plans to Expand 'Plant-Based Options'
The decision to use more plant-based meat alternatives was the first of five strategies Starbucks CEO Kevin Johnson outlined as part of the coffee chain's just unveiled campaign to become 'a resource-positive company.'
- Barrons.com
Barron’s Beat the Stock Market Last Year. Here’s How We Did It.
Timely calls on gold miners and robotics stocks, and skeptical takes on ride-hailing apps and fake meat, helped Barron’s writers beat the market in 2019. Stocks that were the subject of bullish articles returned 14.1%, on average, through the end of the year, against a 12.7% gain for the benchmarks. It was the first year since 2016 that our bullish picks outpaced their benchmarks.
- Zacks
Beyond Meat (BYND) Stock Sinks As Market Gains: What You Should Know
Beyond Meat (BYND) closed the most recent trading day at $109.12, moving -1.16% from the previous trading session.
- Barrons.com
Beyond Meat Stock Is on an Epic Run. It Might Not Last.
Credit Suisse analyst Robert Moskow increased the price target for Beyond Meat stock to $125 from $115, but maintained a Hold rating. Beyond Meat’s execution in expanding production capacity has been solid, but concerns remain.
- Yahoo Finance
Wingstop is on fire just like its buffalo wings; CEO aims for 6,000 restaurants globally
Yahoo Finance speaks exclusively with Wingstop CEO Charlie Morrison fresh off the company's first-ever investor day.
- Bloomberg
Nestle Adds Plant-Based Sausages to Menu Amid Faux Meat Race
(Bloomberg) -- Nestle SA is introducing faux sausages to its meat-substitute lineup as competition for imitation meat spreads beyond burgers.The KitKat maker will start selling a pea protein-based sausage in the U.S. and a soy-based version in Europe this spring, the company said.The Swiss food giant joins rivals Impossible Foods Inc. and Beyond Meat Inc. in a race to offer plant-based meat alternatives after demand for vegan burgers exploded.“The burger was what you would call in the tech industry the killer app -- it got the whole plant-based trend running,” Chief Executive Officer Mark Schneider said at a media event in Zurich on Thursday. “But it’s not enough to just have a burger.”Nestle is also developing plant-based tuna for its first fish substitute, Chief Technology Officer Stefan Palzer said. The tuna product could be added to pizza, sushi or served as a patty, he added.The company already has a range of meat alternatives on the market, including grounds, nuggets and schnitzels. Grounds could be a bigger opportunity than burgers in Europe, Schneider said.While Impossible Foods and Beyond Meat’s products got picked up by restaurants and fast-food chains like Burger King and racing-driver Lewis Hamilton’s new Neat Burger chain, Nestle’s tie-up with McDonald’s is so far limited to Germany. But the Swiss food giant has the advantage of a vast distribution network, which means it can easily roll out new products across supermarkets.“There’s an overall opportunity in both in-home and out-of-home, and we’re committed to playing ball,” Schneider said. “In this space, we play to win.”To contact the reporter on this story: Corinne Gretler in Zurich at cgretler1@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, Jonathan RoederFor 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.
- Benzinga
Wells Fargo Analyst Says Beyond Meat's Stock Has Downside To $72
Beyond Meat Inc's (NASDAQ: BYND ) stock has downside potential of more than 30%, Wells Fargo analyst John Baumgartner said Thursday in a CNBC interview . Beyond Meat's stock recently moved north of $100 ...
