Beyond Meat Inc (NASDAQ: BYND) is 9.78% higher on its value in year-to-date trading and has touched a low of $5.58 and a high of $19.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BYND stock was last observed hovering at around $10.69 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $9.77, the stock is 34.68% and 26.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.51 million and changing -8.61% at the moment leaves the stock -2.59% off its SMA200. BYND registered -42.33% loss for a year compared to 6-month loss of -21.15%. The firm has a 50-day simple moving average (SMA 50) of $4.83 and a 200-day simple moving average (SMA200) of -$5.88.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 47.58% gain in the last 1 month and extending the period to 3 months gives it a 42.01%, and is 25.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.53% over the week and 9.29% over the month.
Beyond Meat Inc (BYND) has around 749 employees, a market worth around $630.56M and $343.38M in sales. Profit margin for the company is -98.48%. Distance from 52-week low is 75.09% and -49.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-48.30%).
Beyond Meat Inc quarterly earnings per share for the current quarter are estimated at -$0.69 with sales reaching $76.44M over the same period.The EPS is expected to grow by 54.89% this year, but quarterly earnings will post -4.10% year-over-year. Quarterly sales are estimated to shrink -17.10% in year-over-year returns.
Beyond Meat Inc (BYND) Top Institutional Holders
323 institutions hold shares in Beyond Meat Inc (BYND), with institutional investors hold 42.26% of the company’s shares. The shares outstanding are 64.62M, and float is at 61.08M with Short Float at 37.87%. Institutions hold 38.74% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 6.26 million shares valued at $81.22 million. The investor’s holdings represent 9.72% of the BYND Shares outstanding. As of Jun 29, 2023, the second largest holder is Parkwood LLC with 5.4 million shares valued at $70.09 million to account for 8.39% of the shares outstanding. The other top investors are Blackrock Inc. which holds 4.16 million shares representing 6.45% and valued at over $53.94 million, while State Street Corporation holds 2.09% of the shares totaling 1.34 million with a market value of $17.45 million.
Beyond Meat Inc (BYND) Insider Activity
A total of 15 insider transactions have happened at Beyond Meat Inc (BYND) in the last six months, with sales accounting for 14 and purchases happening 1 times.
