With 4.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.85 million shares. The 52-week range on BYND shows that it touched its highest point at $11.70 and its lowest point at $3.10 during that stretch. It currently has a 1-year price target of $4.09. Beta for the stock currently stands at 2.37.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BYND was down-trending over the past week, with a drop of -20.21%, but this was down by -24.32% over a month. Three-month performance dropped to -40.43% while six-month performance fell -49.26%. The stock lost -68.67% in the past year, while it has lost -18.09% so far this year. A look at the trailing 12-month EPS for BYND yields -2.43 with Next year EPS estimates of -1.12. For the next quarter, that number is -0.47. This implies an EPS growth rate of 36.75% for this year and 27.38% for next year. EPS is expected to grow by 32.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -52.51%.
Float and Shares Shorts:
At present, 76.07 million BYND shares are outstanding with a float of 71.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BYND since 11 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 6 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.99751 being high and -$2.2341 being low. For BYND, this leads to a yearly average estimate of -$2.15287. Based on analyst estimates, the high estimate for the next quarter is -$0.33 and the low estimate is -$0.39. The average estimate for the next quarter is thus -$0.37.
Summary of Insider Activity:
Insiders traded BYND stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
