Beyond Meat, Inc. : The decline is still in force
Target price hit
Entry price :
135.59$ | Target : 103.1$ | Stop-loss : 152.6$ | Potential : 23.96%
The movement to the downside is still in force and should gain in strength over the next trading sessions based on our expectations. Investors should open a short trade and target the $ 103.1.
In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned. The company has poor fundamentals for a short-term investment strategy.
Share prices are approaching a strong support area in daily data, which offers good timing for investors. According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
Low profitability weakens the company. Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity. The company's earnings releases usually do not meet expectations. The company's "enterprise value to sales" ratio is among the highest in the world. The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company. For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period. Analysts covering the stock have recently lowered their earnings forecast. For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions. For the past year, analysts have significantly revised downwards their profit estimates. The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
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Net income 2021
Net Debt 2021
P/E ratio 2021
7 855 M
7 855 M
EV / Sales 2021
EV / Sales 2022
Nbr of Employees
Upcoming event on BEYOND MEAT, INC.
Number of Analysts
Last Close Price
Average target price
Spread / Average Target