Piper Sandler’s analyst Michael Lavery raised his target on Beyond Meat target to $178 from $130 after surveying 9,825 teens, which showed that 47% of teenagers either eat or are considering to eat plant-based meat. As a result Lavery believes that the transition to plan meat is still trending as a viable life choice and will drive demand for Beyond’s products.
STA Research(stocktargetadvisor) has a average target of $113.50 on the stock, and a consensus Underperform rating. STA’s view of the stock is Bearish with a score of 2.7 out of 10, where 0 is very bearish and 10 very bullish.
What to like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector.
Sometimes this is low because the company is not growing and has no growth potential.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
What to not like:
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.
Poor capital utilization
The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.
Poor return on assets
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.
The company had negative total cash flow in the most recent four quarters.
Overpriced on 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 to buy.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
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