Are we looking at the next big move in Beyond Meat Inc (BYND)?

Beyond Meat Inc (NASDAQ: BYND) is -44.04% lower on its value in year-to-date trading and has touched a low of $4.79 and a high of $12.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BYND stock was last observed hovering at around $5.05 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $4.98, the stock is -7.50% and -17.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing -1.39% at the moment leaves the stock -26.37% off its SMA200. BYND registered -27.62% loss for a year compared to 6-month loss of -34.39%. The firm has a 50-day simple moving average (SMA 50) of $6.0556 and a 200-day simple moving average (SMA200) of $6.763575.

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The stock witnessed a -19.42% gain in the last 1 month and extending the period to 3 months gives it a -18.09%, and is -0.60% down 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 5.10% over the week and 5.76% over the month.

Beyond Meat Inc (BYND) has around 749 employees, a market worth around $320.21M and $323.47M in sales. Profit margin for the company is -83.63%. Distance from 52-week low is 3.97% and -58.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.62%).

The EPS is expected to grow by 59.07% this year.

Beyond Meat Inc (BYND) Top Institutional Holders

295.0 institutions hold shares in Beyond Meat Inc (BYND), with institutional investors hold 49.72% of the company’s shares. The shares outstanding are 64.62M, and float is at 61.06M with Short Float at 45.69%. Institutions hold 47.28% of the Float.

The top institutional shareholder in the company is PARKWOOD LLC with over 5.4 million shares valued at $1.15 million. The investor’s holdings represent 8.3459% of the BYND Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.46 million shares valued at $29.94 million to account for 6.897 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.2 million shares representing 6.4909% and valued at over $28.18 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 4.8485 of the shares totaling 3.14 million with a market value of $21.05 million.