Beyond Meat Inc. (BYND:NSD) Analysts are bearish with a Underperform rating

STA Research
by: STA Research
Beyond Meat Inc.

Based on the Beyond Meat stock forecast from 11 analysts, the average Beyond Meat stock price target is USD 36.50 over the next 12 months. Beyond Meat Inc’s average analyst rating is Under-perform. Stock Target Advisor’s own Beyond Meat stock forecast is Bearish, which is based on 1 positive signal and 9 negative signals. At the last closing, Beyond Meat stock price was USD 31.39Beyond Meat stock price has changed by -0.04% over the past week, +5.73% over the past month and -74.23% over the last year.

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.

 

What we like:

Superior Revenue Growth:

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

 

What we don’t like:

Poor risk adjusted returns:

BYND stock forecast has shown that the 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 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:

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

Overpriced compared to book value:

Beyond Meat stock price 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 BYND stock forecast and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow:

Beyond Meat stock price had negative total cash flow in the most recent four quarters.

Negative free cash flow:

Beyond Meat stock price had negative total free cash flow in the most recent four quarters.

Low Earnings Growth:

Beyond Meat stock price has shown below median earnings growth in the previous 5 years compared to its sector

 

Disclaimer

Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.

Leave a Reply

Your email address will not be published.