Beyond Meat(BYND)
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Why Beyond Meat Stock Sank 24.5% in December
The Motley Fool· 2025-01-07 05:01
Stock Performance - Beyond Meat shares fell 24.5% in December, contributing to a 98% decline from its all-time highs [1] - The stock is heavily shorted, with an estimated short interest of close to 50% [4] Financial Performance - Revenue reached $450 million in 2022 but has since shrunk due to fading hype and backlash against its ingredients list [2] - Revenue was up slightly last quarter but remains significantly down compared to its all-time high [3] - The company has never generated a profit and continues to burn over $100 million in free cash flow annually [3][5] - Gross margin is weak at just 17.7% [5] Market Position and Challenges - Beyond Meat aimed to persuade meat eaters to switch to plant-based alternatives but has struggled as interest in plant-based meat wanes [2][4] - The company has made some progress in reducing losses but still faces stagnating revenue and negative free cash flow [3][5] Investment Outlook - Despite being a leading brand in its space with a market cap of $250 million, the company's inability to generate profit and weak growth prospects make a turnaround unlikely [5][6] - The stock is not recommended for investment due to its persistent losses and lack of value generation for shareholders [6]
3 Meat Stocks to Watch Amid Emerging Industry Opportunities
ZACKS· 2024-12-24 15:05
The rising consumer demand for protein-rich products, driven by a growing emphasis on health and wellness, has created favorable conditions for the Zacks Food – Meat Products industry. Companies in this space have adapted to these trends by broadening their product portfolios, increasing production capacity and investing in plant-based meat alternatives.Despite challenges, including higher input costs and increased operational expenses, Tyson Foods, Inc. (TSN) , Pilgrim's Pride Corporation (PPC) and Beyond ...
Beyond Meat® Releases 2023 ESG Report and LCA Study that Estimates Environmental Benefits of Beyond Steak® Plant-Based Seared Tips When Compared to Pre-Cooked Beef-Based Steak Tips
GlobeNewswire· 2024-12-20 21:45
EL SEGUNDO, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) -- With a mission to positively impact human health, climate change, constraints on natural resources and animal welfare, Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today released its 2023 ESG Report and announced its Beyond Steak life cycle assessment (LCA) study. Beyond Meat’s 2023 ESG Report covers topics such as health and nutrition, human capital, governance and climate management. The company has expanded its disclosures on clima ...
3 Stocks That Never Lived Up to the Hype
MarketBeat· 2024-11-29 12:30
The allure of quick riches often leads investors down unpredictable and volatile paths. While offering the potential for rapid gains, these investments also carry substantial risk. The biggest risk? A dramatic and permanent decline in stock price due to unmet expectations. Get Beyond Meat alerts:Understanding the Drivers of Overvaluation Before examining specific cases, it's crucial to understand the factors that can contribute to inflated market expectations. Overly optimistic projections by company leader ...
Beyond Meat: Despite Signs Of Near-Term Stabilization, This Brand Isn't Headed Anywhere
Seeking Alpha· 2024-11-21 11:43
Sometimes, good ideas fail at being good businesses, and tough economic times expose that harsh reality quicker than others. Amid sky-high stock markets, we have to be careful to prune these names out of our portfolios.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking ...
Beyond Sun Sausage™ Expands to Whole Foods Market
GlobeNewswire News Room· 2024-11-14 14:05
Following a successful initial launch, Beyond Meat’s healthy, flavor-forward plant-based links are debuting at Whole Foods Market stores coast-to-coast Beyond Sun Sausage is filled with wholesome ingredients from legumes and vegetables and offers 12g of clean protein per link with 1g of saturated fat, meeting the rigorous nutritional guidelines of the American Heart Association’s Heart-Check program and the American Diabetes Association's Better Choices for Life program EL SEGUNDO, Calif., Nov. 14, 2024 (GL ...
Why Beyond Meat Stock Was Sliding Today
The Motley Fool· 2024-11-07 17:52
Shares of the alternative meat company are still losing money.Shares of Beyond Meat (BYND -10.49%) continued to struggle in the third quarter, as the plant-based meat producer posted disappointing bottom-line results, though it did return to top-line growth.As of 11:51 a.m. ET, the stock was down 10.6% on the news. Beyond Meat improves, but losses are still mountingIt was the first quarter of revenue growth for the plant-based meat company in three years, as the top line increased 7.6% to $81 million, which ...
Beyond Meat Cuts Guidance Again
Seeking Alpha· 2024-11-07 07:39
After the bell on Wednesday, we received third quarter results from Beyond Meat (NASDAQ: BYND ). The plant-based meat company has been one of the stock market's biggest losers in recent years, as sizable revenue growth expectations have not materialized andI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the ...
Beyond Meat(BYND) - 2024 Q3 - Earnings Call Transcript
2024-11-07 02:16
Beyond Meat, Inc. (NASDAQ:BYND) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Paul Sheppard - VP, FP&A, and IR Ethan Brown - Founder, President and CEO Lubi Kutua - CFO and Treasurer Conference Call Participants Peter Saleh - BTIG Ben Theurer - Barclays Michael Lavery - Piper Sandler Ken Goldman - JPMorgan John Baumgartner - Mizuho Alexia Howard - Bernstein Operator Good afternoon, and welcome to the Beyond Meat Third Quarter 2024 Conference Call. All participants are in ...
Beyond Meat (BYND) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-07 00:01
Beyond Meat (BYND) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.82%. A quarter ago, it was expected that this plant-based meat company would post a loss of $0.46 per share when it actually produced a loss of $0.53, delivering a surprise of -15.22%.Over the last four quarters, the company ...