|Bid||111.75 x 800|
|Ask||112.35 x 800|
|Day's range||111.69 - 113.87|
|52-week range||99.86 - 221.00|
|Beta (5Y monthly)||1.59|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance’s Brooke DiPalma details Banza’s team up with Beyond Meat for its new ‘Banza Supreme’ pizza and taste tests Chipotle’s smoked brisket.
Switching the population's dietary habits to healthier and more sustainable options remains one of the issues of the 21st century. Beyond Meat, Inc.'s ( NASDAQ: BYND ) rose as one of the companies tackling this problem, yet since its public debut in 2019, its performance on the market has been underwhelming but volatile. Since the company remains unprofitable, in this article, we will look at the estimates that show when that might change.
Piper Sandler analyst Michael Lavery cut his rating on Beyond Meat's stock from neutral to underweight and slashed his price forecast from $120 to $95. Analysts at Piper Sandler placed the equivalent of a sell rating on Beyond Meat's shares. While acknowledging that Beyond Meat remains a leader in the plant-based foods industry, Lavery warned that the company's sales could fall short of investors' expectations.