Beyond meat (BYND)
About Beyond MeatCopy link to section
What is Beyond Meat?Copy link to section
Beyond Meat makes various plant-based foods designed to mimic the taste and texture of meat. Founded in 2009 by Ethan Brown, the company has grown considerably over the past decade, expanding to different countries and partnering with many companies. In November 2020, Beyond Meat reached a deal with McDonald’s to make the McPlant sandwich.
How does Beyond Meat make money?Copy link to section
It makes its money through various means, although its main source of income is selling its plant-based products to grocery stores and restaurants. The company also has many partnerships with food services providers to offer plant-based options in their menus.
What is Beyond Meat’s best selling product?Copy link to section
Its best selling product is the ‘Beyond Burger’. The Beyond Burger is a plant-based burger that looks, cooks, and tastes like a traditional beef burger. In the last quarter of 2022, the company made $86.5 million in sales from the Beyond Burger.
Who are the key executives at Beyond Meat?Copy link to section
Ethan Brown, Beyond Meat’s founder, is its chief executive officer. Here are a few other members of its leadership team.
- Ethan Brown. Founder, Pres, CEO & Director
- Mark J. Nelson. Consultant
- Brent Taylor. Co-Founder and VP of Corp. Devel.
- Lubi Kutua. VP of FP&A & Investor Relations, CFO and Treasurer
- Jonathan P Nelson. Sr. VP of Operations
- Henry Dieu. VP of Corp. Controller & Principal Accounting
- Teri L. Witteman Esq. Chief Legal Officer & Sec.
- Shira Zackai. Head of Communications & VP
- Mike Sharmam. Sr. VP of Global Sales
- Akerho Oghoghomeh. Sr. VP of Global Marketing
Where can I buy shares in Beyond Meat?Copy link to section
You can buy Beyond Meat stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in Beyond Meat?Copy link to section
The simplest way to invest in Beyond Meat is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
More about the BYND priceCopy link to section
What is the Beyond Meat stock price today?Copy link to section
The BYND stock price today is currently $15.58 as of 22 March, 2023. The price of Beyond Meat is down 68.95% over the past 52 weeks. You can use the live Beyond Meat stock chart to track the NASDAQ:BYND price in real time above, or compare the Beyond Meat value today to its past performance using the Beyond Meat financials tab at the top of this page.
What is the 52-week low for Beyond Meat stock?Copy link to section
The 52-week low for Beyond Meat stock is $11.03. BYND stock is currently 40.06% above the 52-week low.
What is the 52-week high for Beyond Meat stock?Copy link to section
The 52-week high for Beyond Meat stock is $53.47. BYND stock is currently 70.59% below the 52-week high.
What is the stock forecast for Beyond Meat?Copy link to section
The average Beyond Meat stock forecast has a price target of $12.42 by the end of 2023. Beyond Meat’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.
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FAQsCopy link to section
Beyond Meat’s market capitalisation is $998.59 million. This is calculated by multiplying the number of shares that have been issued by the current BYND share price. Another way of measuring this is enterprise value, which includes Beyond Meat’s debt obligations. Beyond Meat’s enterprise value is $2.05 billion.
Beyond Meat went public via an initial public offering on May 02nd, 2019. Its shares opened at $45 on its first day and were 450% higher within three months. However, since then, its price has been trending lower.
The largest shareholder of Beyond Meat stock is the Vanguard Group with a 9.40% stake in the business.
Beyond Meat’s main competitors are other food companies focusing on a plant-based diet. However, many of the world’s largest food businesses now have a plant-based range, so its competition is diverse. Here are a few of its main competitors.
- Impossible Foods. Impossible Foods is a California-based plant food company
- Kellog. Kellogs is a multinational food company that offers some vegan options
- Nestle. Nestle is a global food company with many plant-based foods.
No, Beyond Meat has not split its stock. It is a relatively new company to the stock market and its price has not moved to levels where a split is deemed a good option.
It reports its earnings four times yearly at the end of each quarter. It reports earnings in March, June, September, and December. The exact dates may vary so it is best to check Beyond Meat’s investor relations page for the most up-to-date information.
No, Beyond Meat is not a dividend-paying company.
Latest Beyond Meat price analysisCopy link to section
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