Are there any other ways to invest in Beyond Meat? Copy link to section 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. These platforms are extremely simple to use but there are different options to suit your specific needs. You can buy Beyond Meat stock on a stock trading platform. Where can I buy shares in Beyond Meat? Copy link to section VP of FP&A & Investor Relations, CFO and Treasurer Here are a few other members of its leadership team. Who are the key executives at Beyond Meat? Copy link to sectionĮthan Brown, Beyond Meat’s founder, is its chief executive officer. In the last quarter of 2022, the company made $86.5 million in sales from the Beyond Burger. The Beyond Burger is a plant-based burger that looks, cooks, and tastes like a traditional beef burger. Its best selling product is the ‘Beyond Burger’. What is Beyond Meat’s best selling product? Copy link to section The company also has many partnerships with food services providers to offer plant-based options in their menus. It makes its money through various means, although its main source of income is selling its plant-based products to grocery stores and restaurants. How does Beyond Meat make money? Copy link to section In November 2020, Beyond Meat reached a deal with McDonald’s to make the McPlant sandwich. Founded in 2009 by Ethan Brown, the company has grown considerably over the past decade, expanding to different countries and partnering with many companies. Even so, be aware that Beyond Meat is showing 3 warning signs in our investment analysis, and 1 of those makes us a bit uncomfortable.About Beyond Meat Copy link to section What is Beyond Meat? Copy link to sectionīeyond Meat makes various plant-based foods designed to mimic the taste and texture of meat. But to understand Beyond Meat better, we need to consider many other factors. It's always interesting to track share price performance over the longer term. Although Baron Rothschild famously said to "buy when there's blood in the streets, even if the blood is your own", he also focusses on high quality stocks with solid prospects. Shareholders have lost 24% per year over the last three years, so the share price drop has become steeper, over the last year a potential symptom of as yet unsolved challenges. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. The last twelve months weren't great for Beyond Meat shares, which cost holders 57%, while the market was up about 12%. You can see what analysts are predicting for Beyond Meat in this interactive graph of future profit estimates. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).īeyond Meat is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. Before considering a purchase, take a look at the losses the company is racking up. We generally don't try to 'catch the falling knife'. Nonetheless, it's fair to say the rapidly declining share price (down 24%, compound, over three years) suggests the market is very disappointed with this level of growth. That's not a very high growth rate considering it doesn't make profits. In the last three years, Beyond Meat saw its revenue grow by 4.1% per year, compound. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. When a company doesn't make profits, we'd generally expect to see good revenue growth. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.īeyond Meat isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. While a drop like that is definitely a body blow, money isn't as important as health and happiness. Only time will tell if the company can sustain the turnaround. So it sure is nice to see a bit of an improvement.
To wit, the share price sky-dived 90% in that time. But only the myopic could ignore the astounding decline over three years. ( NASDAQ:BYND) shareholders should be happy to see the share price up 27% in the last month.
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