Beyond Meat Inc (NASDAQ: BYND) is -57.30% lower on its value in year-to-date trading and has touched a low of $3.65 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 $3.71 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $3.80, the stock is -17.21% and -30.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.75 million and changing 2.43% at the moment leaves the stock -41.81% off its SMA200. BYND registered -61.96% loss for a year compared to 6-month loss of -40.53%. The firm has a 50-day simple moving average (SMA 50) of $5.536 and a 200-day simple moving average (SMA200) of $6.554225.
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The stock witnessed a -26.07% gain in the last 1 month and extending the period to 3 months gives it a -39.59%, and is -8.65% 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 6.26% over the week and 5.32% over the month.
Beyond Meat Inc (BYND) has around 749 employees, a market worth around $247.77M and $323.47M in sales. Profit margin for the company is -83.63%. Distance from 52-week low is 4.11% and -68.65% 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 58.99% this year.
Beyond Meat Inc (BYND) Top Institutional Holders
294.0 institutions hold shares in Beyond Meat Inc (BYND), with institutional investors hold 49.67% of the company’s shares. The shares outstanding are 65.17M, and float is at 61.09M with Short Float at 46.07%. Institutions hold 47.24% 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.
Beyond Meat Inc (BYND) Insider Activity
The most recent transaction is an insider sale by Brown Ethan, the company’s President, Chief Exec. Officer. SEC filings show that Brown Ethan sold 313,000 shares of the company’s common stock on Dec 13 ’24 at a price of $3.75 per share for a total of $1.17 million. Following the sale, the insider now owns 1.7 million shares.
Beyond Meat Inc disclosed in a document filed with the SEC on Dec 12 ’24 that Brown Ethan (President, Chief Exec. Officer) sold a total of 162,772 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $3.92 per share for $0.64 million. Following the transaction, the insider now directly holds 1.52 million shares of the BYND stock.
Still, SEC filings show that on Dec 13 ’24, Brown Ethan (Officer) Proposed Sale 313,000 shares at an average price of $3.75 for $1.17 million. The insider now directly holds shares of Beyond Meat Inc (BYND).
