MARKET COMPOSITE
BYND - Beyond Meat Inc8:00:00 PM 4/18/2024
Price
$6.40
-0.03 (-0.47%)
Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's initial products were launched in the United States in 2012. The company has products designed to emulate chicken, beef, and pork sausage. The company was founded as a California-based startup called Savage River Inc. by Ethan Brown in 2009. Brown initially contacted two University of Missouri professors, Fu-hung Hsieh and Harold Huff, who had already been refining their meatless protein for years. The duo spent nearly a decade in the University lab working different temperatures and pressures to get their mixture of soybean and pea proteins “as close to the look and feel of real chicken as possible.” It took them another five years to come up with a recipe for Beyond Meat’s first product, “Chicken-Free Strips,” which the company released to limited locations in 2012. The company has received venture funding from GreatPoint Ventures, Kleiner Perkins, Obvious Corporation, Bill Gates, Biz Stone, the Humane Society and Tyson Foods. The company began selling its plant-based chicken products in Whole Foods supermarkets across the US in April 2013. In 2014, it developed a simulated beef product. The People for the Ethical Treatment of Animals named Beyond Meat as its company of the year for 2013.In 2014 Beyond Meat expanded its presence from 1,500 to 6,000 stores across the US.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue73.7MM-2%
Gross Profit-83.9MM-
Cost Of Revenue157.5MM+91%
Operating Income-160.8MM-
Operating Expenses76.9MM+23%
Net Income-155.1MM-
R&D9.2MM+1%
G&A67.7MM+27%
Interest Expense988K-0%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    The fourth generation Beyond Burger and Beyond Beef, Beyond Meat's meatiest and most nutritious products yet, debuts at grocery stores nationwide. Consumers can find the new Beyond Burger and Beyond Beef, which are rolling out now in U.S. retail, by looking for the new eye-catching gold packaging The new products are the company’s meatiest, juiciest beef products yet, provide 21g of plant-based protein and are made with avocado oil, which offers heart-healthy monounsaturated fats, and helped low

    As the category continues to try to reinvent itself, the company’s new generation of product is now available for consumers to try.

    Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So which are the best stocks to buy now or put on a watchlist?

    Progress may be more challenging for the company than some investors realize.

    This stock is down for good reasons.

    An underappreciated part of investing is knowing when to cut your losses. No one bats a thousand in this field; even the best investors make some bad picks and come up with ideas that don’t pan out from time to time. It’s one thing to get a pick wrong. It’s quite another thing to stay wrong. Further to that, there’s no reason to be loyal to a stock just because you already own it. In fact, investors should pay special attention to make sure they don’t fall prey to sunk cost fallacy. It’s never t

    In 2023, consumer staples stocks were down a collective 6.5%, vastly underperforming the broader market. That has made investors bullish about the sector in 2024. As the story typically goes, a sector that underperforms one year often outperforms the next year. However, short interest creates a plot twist that may keep this sector down. At least, that seems to be the case for some consumer staples stocks that short sellers are targeting. Storytellers frequently use foreshadowing to hint at futur

    Investors looking at stocks with the highest short interest in April tend to target two possible plays: ride the short-selling wave in hopes the stock is further suppressed or hang onto the hope of a short squeeze sending shares soaring. While short squeezes happen, they’re uncommon and rarely gather the momentum to hit absurd highs that many expect. Short squeezes like we saw with GameStop (NYSE:GME) are an exception rather than the rule and tend to be one of those events that happen once or tw

    The plant-based meat specialist is going through tough times.

    Beyond Meat (BYND) recently launched an updated and expanded selection of its "Crumbles" product line, which has been certified by the American Heart Association's Heart-Check program and the American Diabetes Association's Better Choices for Life program. The new selections are part of the company's efforts to demonstrate its plant-based products' "unassailable" health benefits. CEO of Beyond Meat Ethan Brown sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the company's lat...