Beyond Meat (BYND) Scheduled to Post Quarterly Earnings on Thursday
Beyond Meat (NASDAQ:BYND) is set to post its quarterly earnings results after the market closes on Thursday, February 25th. Analysts expect Beyond Meat to post earnings of ($0.14) per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Shares of BYND opened at $150.86 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 5.66 and a current ratio of 8.56. The firm has a market cap of $9.45 billion, a PE ratio of -335.24 and a beta of 1.96. The firm’s 50 day moving average price is $153.49 and its 200 day moving average price is $147.21. Beyond Meat has a twelve month low of $48.18 and a twelve month high of $221.00.
A number of research analysts have recently weighed in on BYND shares. BTIG Research downgraded shares of Beyond Meat from a “buy” rating to a “neutral” rating in a report on Wednesday, January 20th. Zacks Investment Research lowered Beyond Meat from a “hold” rating to a “sell” rating in a report on Wednesday, October 28th. Oppenheimer reaffirmed a “hold” rating on shares of Beyond Meat in a research report on Monday. JPMorgan Chase & Co. lowered their price target on Beyond Meat from $95.00 to $94.00 and set an “underweight” rating on the stock in a report on Tuesday, January 19th. Finally, The Goldman Sachs Group restated a “sell” rating and issued a $105.00 price objective on shares of Beyond Meat in a research note on Tuesday, November 10th. Nine equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $117.40.
Beyond Meat Company Profile
Beyond Meat, Inc, a food company, manufactures, markets, and sells plant-based meat products in the United States and internationally. It operates under the Beyond Meat, Beyond Burger, Beyond Beef, Beyond Sausage, Beyond Breakfast Sausage, Beyond Chicken, Beyond Fried Chicken, Beyond Meatball, the Caped Steer Logo, GO BEYOND, Eat What You Love, The Cookout Classic, The Future of Protein, and The Future of Protein Beyond Meat trademarks.
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