Beyond Meat Inc (NASDAQ:BYND) trading 94.98% higher than its 52 week low: What does Wall Street Say?

Noah Smith

Beyond Meat Inc (BYND) saw downtrend of -5.33% in the recent trading with $0.98 being its most recent. The current price level -87.32% lower than the highest price of $7.69 marked by the stock while trading over the past 52-weeks, whereas it is 94.98% higher than the lowest price of $0.50 the company dropped to over past 52-weeks. The latest news story on BYND appeared in (Motley Fool) under the title “Why Beyond Meat Stock Jumped This Week”.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.86 for the stock.

Beyond Meat Inc Earnings – What Happened With BYND

Coming around sales and income figures on BYND Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Beyond Meat Inc (BYND) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of -44.33% for net revenue.

BYND – Beyond Meat Inc Stock Earnings Estimates

The perspective of Beyond Meat Inc (NASDAQ:BYND)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.45 for stock’s EPS in the current quarter. Beyond Meat Inc (BYND) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of -44.33% for net revenue. Company’s EPS for the last quarter was -0.65.

Beyond Meat Inc – Insider Activity and Holdings

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 453.57 million. BYND does have institutional investors; and they hold 24.21% of the stock.

As on 2024-06-30, PARKWOOD LLC was the top most holder in Beyond Meat Inc (NASDAQ:BYND) with an ownership of 5.4 million shares of the company or 8.3203 of the stake worth $1.15 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 6.8758 of the outstanding shares. Its stake is worth $29.94 million for having 4.46 million shares in hand.

VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 6.471 of the outstanding shares. With this there are now 271.0 institutions which have possession in BYND’s shares.

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