Go to the list of all blogs
Abhoy Sarkar's Avatar
published in Blogs
Sep 18, 2020

Beyond Meat (BYND, $150.68) gets rating downgrade from JP Morgan, on lofty valuation concerns

Beyond Meat, maker of plant-based  meat substitute, got a rating downgrade from analysts at JPMorgan, as the latter expressed concerns that the fundamentals are not supporting the stock’s rally.

 JPMorgan analysts Ken Goldman lowered his rating on the Beyond Meat shares to 'underweight' from 'neutral', with a price target of $122 per share.

Over the past six months,  Beyond Meat shares have rallied by more than +190% - something that Goldman feels was "above and beyond” what they consider rational “even for a good company like Beyond Meat". According to the analyst, fundamentals are "sluggish” for the food group. He also cited  strong competition from rivals such as Impossible Foods, and the apprehension among some restaurants to add its products to menus amid the coronavirus pandemic.

Tickeron's analysis shows:

BYND is in upward trend: price rose above 50-day moving average on September 08, 2020

BYND moved above its 50-day Moving Average on September 08, 2020 date and that indicates a change from a downward trend to an upward trend. In 3 of 3 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 90%.

Current price $150.68 crossed the resistance line at $151.94 and is trading between $151.94 resistance and $143.00 resistance lines. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +25% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +10% Uptrend growth.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 08, 2020. You may want to consider a long position or call options on BYND as a result. In 15 of 20 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 75%.

The Moving Average Convergence Divergence (MACD) for BYND just turned positive on August 20, 2020. Looking at past instances where BYND's MACD turned positive, the stock continued to rise in 4 of 7 cases over the following month. The odds of a continued upward trend are 57%.

The 10-day Moving Average for BYND crossed bullishly above the 50-day moving average on September 09, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. In 2 of 2 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.

Following a +7.33% 3-day Advance, the price is estimated to grow further. Considering data from situations where BYND advanced for three days, in 67 of 84 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

BYND broke above its upper Bollinger Band on September 16, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BYND entered a downward trend on September 09, 2020. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 78%. During the last month, the daily ratio of advancing to declining volumes was 3.93 to 1.

The Tickeron Price Growth Rating for this company is 37 (best 1 - 100 worst), indicating steady price growth. BYND’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is 85 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of 97 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BYND's P/B Ratio (25.17) is very high in comparison to the industry average of (4.14). BYND has a moderately low P/E Ratio (0.00) as compared to the industry average of (27.10). BYND's Projected Growth (PEG Ratio) (0.00) is slightly lower than the industry average of (0.94). Dividend Yield (0.00) settles around the average of (2.24) among similar stocks. BYND's P/S Ratio (21.95) is very high in comparison to the industry average of (2.92).

The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BYND’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

Related Ticker: BYND

BYND's RSI Oscillator recovers from overbought zone

The 10-day RSI Oscillator for BYND moved out of overbought territory on March 01, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 instances where the indicator moved out of the overbought zone. In of the 29 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 43 cases where BYND's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BYND declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BYND broke above its upper Bollinger Band on February 28, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BYND entered a downward trend on February 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 14, 2024. You may want to consider a long position or call options on BYND as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BYND just turned positive on February 09, 2024. Looking at past instances where BYND's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .

BYND moved above its 50-day moving average on February 28, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BYND crossed bullishly above the 50-day moving average on February 29, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +4 3-day Advance, the price is estimated to grow further. Considering data from situations where BYND advanced for three days, in of 266 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BYND’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BYND's P/B Ratio (59.524) is slightly higher than the industry average of (8.264). P/E Ratio (0.000) is within average values for comparable stocks, (27.781). BYND's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.691). BYND has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.033). P/S Ratio (1.594) is also within normal values, averaging (28.005).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BYND’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.

Notable companies

The most notable companies in this group are Mondelez International (NASDAQ:MDLZ), Kraft Heinz Company (The) (NASDAQ:KHC), General Mills (NYSE:GIS), Campbell Soup Company (NYSE:CPB), Beyond Meat (NASDAQ:BYND).

Industry description

A specialty/candy manufacturer specializes in one or more of the following: chocolate, candies, pasta, condiments, seasonings, among other items. Hershey Company, McCormick & Company and J.M. Smucker Company are some of the major firms in this segment. Demand for this industry’s products comes from both institutions/restaurants as well as households.

Market Cap

The average market capitalization across the Food: Specialty/Candy Industry is 7.94B. The market cap for tickers in the group ranges from 6.25K to 327.81B. NSRGY holds the highest valuation in this group at 327.81B. The lowest valued company is OGGFF at 6.25K.

High and low price notable news

The average weekly price growth across all stocks in the Food: Specialty/Candy Industry was -0%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was 57%. BSFC experienced the highest price growth at 55%, while NBND experienced the biggest fall at -44%.

Volume

The average weekly volume growth across all stocks in the Food: Specialty/Candy Industry was 41%. For the same stocks of the Industry, the average monthly volume growth was 77% and the average quarterly volume growth was 70%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 65
Price Growth Rating: 52
SMR Rating: 70
Profit Risk Rating: 78
Seasonality Score: 7 (-100 ... +100)
Related Portfolios: CONSUMER STAPLES ETFs
View a ticker or compare two or three
BYNDDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a company, which offers plant-based meat products

Industry FoodSpecialtyCandy

Profile
Fundamentals
Details
Industry
Food Meat Or Fish Or Dairy
Address
119 Standard Street
Phone
+1 866 756-4112
Employees
876
Web
https://www.beyondmeat.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
POSAX8.290.07
+0.85%
Principal Global Real Estate Sec A
PAGRX84.790.30
+0.36%
Permanent Portfolio Aggressive Growth I
PASTX46.390.16
+0.35%
T. Rowe Price Science & Tech Adv
ARMIX9.69N/A
N/A
ARGA Emerging Markets Value Instl
WHGQX13.53N/A
N/A
Westwood Quality Value Ultra

BYND and

Correlation & Price change

A.I.dvisor tells us that BYND and BGS have been poorly correlated (+32% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BYND and BGS's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BYND
1D Price
Change %
BYND100%
-12.90%
BGS - BYND
32%
Poorly correlated
-4.87%
INGR - BYND
29%
Poorly correlated
+0.19%
NOMD - BYND
25%
Poorly correlated
+0.31%
UTZ - BYND
25%
Poorly correlated
+2.63%
HAIN - BYND
25%
Poorly correlated
-1.49%
More
Ad is loading...
The Thermals group has shown remarkable resilience and growth, with a remarkable performance increase of +4.57% over the last month. Comprising tickers such as DAN, INTT, BRKR, WAT, and PNR, this group is at the forefront of thermal analysis and related technologies. In this article, we delve into the performance of these stocks, explore their market capitalization, price trends, and highlight specific insights for three key tickers: DAN, INTT, and PNR.
This week, the market has shown a promising turnaround and is likely to continue its growth. Industrial Machinery stocks have performed well, with some seeing gains of 3-5% over the past week. You can check out signals for these companies' stocks in our robot: Swing-Trader-1-5K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA.
The pharmaceuticals generic industry is a significant player in the global drug market. Generic drugs, which contain the same chemical substance as their patented counterparts, are sold at more affordable prices once the patents for the original drugs expire. This affordability has led to the vast popularity of generic drugs.
#artificial_intelligence
One notable example is the "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" bot, which has demonstrated its prowess as more than just a trading tool – it's a bot factory generating remarkable gains. Over the previous week, this AI trading bot managed to achieve a remarkable +8.37% gain by actively trading NVDA, a clear testament to the potential of combining technical and fundamental analysis with automated trading strategies.
The Tobacco industry has demonstrated a remarkable upswing in its performance over the past week, with a significant increase of +4.31%. This positive momentum is reflected across a group of prominent tickers within the industry, including XXII, GNLN, RLX, KAVL, and HPCO.
Dive into the fascinating world of nuclear energy as we uncover the remarkable gains achieved by top performers in the industry. Stocks like $HII, $BWXT, $PESI, $LTBR, and $WVE have surged by an impressive +14.14%. Discover the driving forces behind these remarkable market movements and the potential opportunities they unveil. Don't miss out on the insights that could reshape your investment strategy!
#latest#popular#artificial_intelligence#trading#technical_analysis#asset_allocation
Thermo Fisher Scientific ($TMO) emerges as a beacon of hope for investors, registering a remarkable 5.38% jump this week. Dive in to discover what's fueling TMO's impressive ascent in the Medical Specialties sector. 🚀📈
#latest#popular#artificial_intelligence#trading#neutral_bluish
Automation has seamlessly integrated into various facets of our daily lives. From simplifying money transfers to revolutionizing industrial operations and enhancing security services, the scope of automation is vast and ever-expanding.
#artificial_intelligence
One prominent player in this arena is the "Swing trader: Long-Short Equity Strategy (TA&FA)" bot, which recently demonstrated its prowess by achieving an impressive +5.12% gain while trading MRNA over the past week. This article delves into the latest earnings report, market trends, and the role of AI-driven trading in navigating these waters.
The Other Transportation industry has witnessed a remarkable surge of +11.1% in its performance over the past week, catching the attention of investors and analysts alike. This article delves into the exciting developments within this industry, with a specific focus on two key tickers: ASLE and UP.
This week, the market is showing significant growth, especially in the semiconductor sector, where company stocks are rising by 5-7%. Our robots have actively participated in this and achieved some good results. If you want to receive instant signals for successful trades, subscribe to one of our robots at the following link:Swing-Trader-1-5K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA Let's earn together on the market's upward trend!
These AI trading robots, accessible at "Swing trader: Downtrend Protection (TA)," have proven their mettle by delivering a remarkable +4.72% gain while trading TSLA over the course of the previous week. In this article, we delve into the recent performance of TSLA, analyzing its earnings results, market capitalization, price trends, and trading volume to provide valuable insights for investors.
Discover how the shale oil sector is making waves, with impressive gains of +5.24%. Dive into the market movements of key players like $XOM, $BHP, $EOG, $PXD, and $HES, as we uncover the dynamics driving this surge in the energy industry. Explore the latest trends, price shifts, and indicators that could shape the future of shale oil investments.
In a week dominated by bullish sentiment, Alphabet (GOOG) emerges triumphant, registering an impressive +5.28% rise. Dive into the factors propelling this tech titan's stock performance and what it might signal for the future." 🌐💹🚀
#popular#latest#artificial_intelligence#neutral_bluish#trading#technical_analysis#asset_allocation
The Homebuilding industry has experienced a significant increase of +8.85% in its performance over the past week. This surge in performance has not only captured the attention of investors but has also sparked optimism for the future of the sector. In this article, we'll delve into the theme of the Homebuilding industry, examine the group of tickers within it, and highlight some notable developments.
In the ever-evolving world of trading, AI trading robots are becoming increasingly popular due to their ability to analyze vast amounts of data and make quick, data-driven decisions. One such AI trading robot, known as "Swing trader: Deep Trend Analysis v.2 (TA)," recently made headlines with an impressive +4.35% gain while trading FUBO over the course of the previous week. In this article, we'll delve into the technical analysis of FUBO's recent performance, earnings results, and broader market trends.
One such industry that has recently caught the attention of financial analysts is the Office Equipment/Supplies Industry. In the past week, this industry has displayed remarkable performance, with a notable increase of +5.46%. Let's delve into the theme and the group of tickers within it to better understand this surge.
Discover the Power of Tech Peripherals: Join us as we delve into the recent +7.48% gain by top tickers $HPQ, $SMCI, $ALOT, $INVE, $SSYS. Uncover market insights and potential opportunities in the computer peripherals sector. 📈💼 #TechPeripherals #StockMarket"
#trading#latest#popular#artificial_intelligence#neutral_bluish#asset_allocation
Lululemon Athletica's recent surge is making headlines, with a notable +11.00% uptick. Dive into the numbers, trends, and predictions surrounding LULU's performance, and discover where the stock might be headed next. 📈👕🚀
#latest#popular#artificial_intelligence#neutral_bluish#trading#asset_allocation
Join the ranks of smart traders who have already experienced the benefits of Tickeron's robust algorithm. Don't let market uncertainty hold you back any longer – take control of your financial future with a strategy that can withstand the test of time.