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BYND
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
416.93M

BYND Beyond Meat Forecast, Technical & Fundamental Analysis

a company, which offers plant-based meat products

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for BYND with price predictions
07:00 PM EST Dec 03, 2023

BYND in upward trend: price rose above 50-day moving average on December 01, 2023

BYND moved above its 50-day moving average on December 01, 2023 date and that indicates a change from a downward trend to an upward trend. In of 16 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 28, 2023. You may want to consider a long position or call options on BYND as a result. In of 84 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 November 02, 2023. Looking at past instances where BYND's MACD turned positive, the stock continued to rise in of 35 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where BYND advanced for three days, in of 250 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

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

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 December 01, 2023. 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 November 06, 2023. 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)

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 (8.855). P/E Ratio (0.000) is within average values for comparable stocks, (31.883). BYND's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.613). Dividend Yield (0.000) settles around the average of (0.045) among similar stocks. P/S Ratio (1.225) is also within normal values, averaging (28.561).

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.

A.I.Advisor
published Highlights

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 7.84B. 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 1%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 144%. NUZE experienced the highest price growth at 47%, while NGTF experienced the biggest fall at -29%.

Volume

The average weekly volume growth across all stocks in the Food: Specialty/Candy Industry was -48%. For the same stocks of the Industry, the average monthly volume growth was -66% and the average quarterly volume growth was -83%

Fundamental Analysis Ratings

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

Valuation Rating: 50
P/E Growth Rating: 63
Price Growth Rating: 58
SMR Rating: 70
Profit Risk Rating: 78
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published Earnings

BYND is expected to report earnings to fall 19.35% to -87 cents per share on February 22

Beyond Meat BYND Stock Earnings Reports
Q4'23
Est.
$-0.88
Q3'23
Missed
by $0.24
Q2'23
Beat
by $0.01
Q1'23
Beat
by $0.10
Q4'22
Beat
by $0.13
The last earnings report on November 08 showed earnings per share of -109 cents, missing the estimate of -85 cents. With 9.70M shares outstanding, the current market capitalization sits at 416.93M.
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
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BYND and

Correlation & Price change

A.I.dvisor indicates that over the last year, BYND has been loosely correlated with HAIN. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if BYND jumps, then HAIN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BYND
1D Price
Change %
BYND100%
+13.74%
HAIN - BYND
35%
Loosely correlated
+1.48%
FRPT - BYND
31%
Poorly correlated
+0.66%
BGS - BYND
30%
Poorly correlated
+3.63%
INGR - BYND
28%
Poorly correlated
+1.13%
UTZ - BYND
27%
Poorly correlated
+2.58%
More

Groups containing BYND

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BYND
1D Price
Change %
BYND100%
+13.74%
Food: Specialty/Candy
(undefined stocks)
-5%
Poorly correlated
+0.49%