Source: InvestorPlace
Beyond Meat reported Q2 2020 results on Aug. 4. A single move by management makes BYND stock a must-own proposition.
Investors vs. Traders: Which Are You?
There are various trading styles, each of which has its own advantages and disadvantages. The two major ones are traders vs. investors. Which are you, and what does it mean about your approach in the market? We answer these questions and more in episode 15 of the Possible Promise Podcast. Show …
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Beyond Meat, Inc. : Buyers are coming back | MarketScreener
Source: MarketScreener
Beyond Meat, Inc. shares have been in strong demand lately. The technical chart pattern looks positive which may give rise to new gains. | August 7, 2020
Beyond Meat (BYND) shifts its focus to retail as foodservice business faces headwinds
Source: AlphaStreet
Plant-based meat producer Beyond Meat (NASDAQ: BYND) reported its second quarter 2020 results on Tuesday. Even though the numbers weren’t that bad, BYND stock tumbled 6.72% and closed at $132.69 yesterday. During Q2 earnings call, the management said that the company is now leaning more toward the retail business as its foodservice business was hurt […]
Beyond Meat’s Shifted Focus To Retail Drove Record Sales In Q2, CEO Tells Cramer
Source: Benzinga
Beyond Meat Inc. (NASDAQ: BYND ) increased its focus on retail business to boost sales as the pandemic intensified, CEO Ethan Brown told CNBC’s Jim Cramer on Wednesday. Beyond Restaurants, And On To Store Shelves: The faux meat manufacturer shifted its business, which was split evenly between retail and food preparation segments, towards grocery stores, as the coronavirus pandemic shuttered restaurants and other eat-in establishments, Brown said at the CNBC ” Mad Money ” show. “Today we stand at 88% retail and 12% food service,” the Beyond Meat CEO revealed, adding that the company had to move assets and equipment to effect the necessary change. Beyond Meat … Full story available on Benzinga.com
Beyond Meat Has Not Disclosed Its Environmental Effects
Source: ValueWalk
A recent S&P Global Market Intelligence Trucost analysis found that Beyond Meat Inc., the maker of plant-based meat alternatives, has not disclosed the full extent of its environmental impacts. This includes the amount of greenhouse gases emitted or the volume of water discharged. Q2 2020 hedge fund letters, conferences and more Beyond Meat Has “0” […] The post Beyond Meat Has Not Disclosed Its Environmental Effects appeared first on ValueWalk .
Beyond Meat tumbles despite surge in U.S. retail sales
Source: Yahoo Finance
CFRA Analyst Arun Sundaram joins Yahoo Finance’s Zack Guzman to break down Beyond Meat’s latest quarterly results, after U.S. retail sales surged 194.9% from a year ago.
Jim Cramer: Beyond Meat Is an ‘Ethos Stock’
Stocks making the biggest moves midday: Disney, Square, Nikola, Beyond Meat & more
Should Investors Buy The Dip In Beyond Meat? 3 Analysts Weigh In
Source: Benzinga
Plant-based food maker Beyond Meat Inc (NASDAQ: BYND ) reported second-quarter results as sales came in better than expected but showed a sequential slowdown in growth. Bernstein analyst Alexia Howard maintains a Market Perform rating on Beyond Meat’s stock with a price target lifted from $133 to $136. Credit Suisse analyst Robert Moskow maintains a Neutral rating with a $142 price target. BofA Securities analyst Bryan Spillane maintains an Underperform rating with a $81 price target. Bernstein: Growth Issues Beyond Meat reported revenue of $113.3 million in the second quarter that was 14.4% better than what the Street expected, Howard said. While this represents a year-over-year growth rate of 69%, it also marks a sequential slowdown from last quarter’s growth of 141%. “The sequential slowdown may be disappointing to retail investors,” the analyst wrote in a note. In addition, adjusted gross margin of 34.9% was 129 basis points better than expected but also marks a decline from last quarter’s 38.8%.
