Beyond Meat Inc. (BYND:NSD) Analysts rate with Underperform, $52 target

STA Research
by: STA Research

Based on the Beyond Meat Inc. stock forecasts from 12 analysts, the average analyst target price for Beyond Meat Inc. is USD 52.71 over the next 12 months. Beyond Meat Inc.’s average analyst rating is Under-perform. Stock Target Advisor’s own stock analysis of Beyond Meat Inc. is Bearish, which is based on 2 positive signals and 9 negative signals. At the last closing, Beyond Meat Inc.’s stock price was USD 25.08. Beyond Meat Inc.’s stock price has changed by -16.68% over the past week, -18.88% over the past month and -75.30% over the last year.

Analyst’s Recent Ratings:

In the United States and internationally, Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products. The company sells a variety of plant-based meat products on the beef, pork, and poultry platforms. It sells its products through grocery, mass merchandiser, club store, convenience store, and natural retailer channels, as well as direct-to-consumer, restaurants, foodservice outlets, and schools. Savage River, Inc. was the company’s previous name until September 2018, when it changed to Beyond Meat, Inc. Beyond Meat, Inc. is based in El Segundo, California, and was founded in 2009.

 

What we like:

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

 

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above the median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers’ median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cash flow

The company had negative total cash flow in the most recent four quarters.

Overpriced on a free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector.

 

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