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BYND looks weak on the chart.
I shorted yesterday at 69.02
And added just now at 65.98
https://stockcharts.com/h-sc/ui?s=BYND
The whole sector always looked dubious to me. BYND and OATLY. At minimum, I want my stocks to have moats.
sold some 50 puts for next friday Looking good. Still see more downside here.
this thing is headed to my Target of 40.00 will be some great option Put selling coming up here....
I think this thing is going to settle somewhere between 40-50 range.
Thinking of selling some 73 puts for next Friday the 26th !
Nebuch - Go LONG at $ 110 eh
Nebuch - Go LONG at $ 110 eh
$BYND has $1.14B of debt
BYND won't have any meat left on the bones at this rate of decline ?
BYND in the low 90's makes it much more attractive to sell some puts again.
BYND good support at $105-$110
go long the stock here
and then trade some Oct 22 $120 call options?
If it looks like meat, smells like meat, and tastes like meat ... then it must be NE->XT MEATS!
Japan
https://nextmeats.jp/
USA
https://nextmeats.us/
NE->XT BURGER 2.0
NE->XT CHICKEN 1.0
NE->XT HAMBURGER STEAK 1.0
NE->XT YAKINIKU SHORT RIBS 1.1 - SOLD OUT
NE->XT GYUDON 1.2
NE->XT EGG 1.0
https://plantbasednews.org/lifestyle/food/vegan-egg-japan-second-largest-consumer/
$CPSL NE->XT $BYND?
* * $BYND Video Chart 05-28-2021 * *
Link to Video - click here to watch the technical chart video
* * $BYND Video Chart 05-27-2021 * *
Link to Video - click here to watch the technical chart video
$140 looks better where I started. When is $500 coming? LOL!
Having BYND chili today.
We had the Brats the other day. They were great.
The sweet Italians were a bit bland,
* * $BYND Video Chart 05-24-2021 * *
Link to Video - click here to watch the technical chart video
Clear $111 and $120 comes quick.
Well, that didn't work well. LOL!
Still holding! Down 25% or so. The stock I sold to buy this one is down 75%, so I guess it's good. LOL!
Not helping to have Tesla down 30% from the high. But still up 1200% on Tesla....
Beyond Meat to report earnings as investors eye COVID-19 rebound
Alexandra Canal
Alexandra Canal·Producer
Wed, May 5, 2021, 6:18 PM
Beyond Meat (BYND) is set to report first quarter earnings after the bell on Thursday, with analysts eager to see if rising consumer interest in alternative foods can help offset a weak, pandemic-stricken foodservice channel —which is pressuring sales and profits.
Here are Wall Street's consensus estimates, compiled by Bloomberg:
Revenue: $113.18 million
Adj. profit/loss per share: -$0.21 cents
These results would indicate a sharp decline in quarterly earnings compared to one year ago, when the plant-based meat company reported adjusted earnings of 6 cents per share.
In the fourth quarter of 2020, Beyond Meat's net loss widened to $25.1 million, compared to just under $500,000 in the comparable year-ago quarter. That included $3.7 million in expenses attributable to COVID-19.
A Beyond Meat Burger is seen on display at a store in Port Washington, New York, U.S., June 3, 2019. Picture taken June 3, 2019. REUTERS/Shannon Stapleton
A Beyond Meat Burger is seen on display at a store in Port Washington, New York, U.S., June 3, 2019. Picture taken June 3, 2019. REUTERS/Shannon Stapleton
The pandemic wrecked havoc on the food and restaurant space for most of last year as diners remained largely indoors. That hammered Beyond's foodservice sales during Q4, which plunged 42.6% and 62.9% in the U.S. and abroad, respectively.
The company has been transparent about COVID-19 era challenges, noting in previous earnings that streamlined menus, declining foot traffic and operating capacity curbs all played a role in the declines.
Consequently, the company has shifted its focus to grocery, convenience stores and other forms of distribution with U.S. retail sales rising over 76% to $62.1 million in the fourth quarter.
Innovation drives growth
Beyond Meat has battled coronavirus headwinds by routinely adding innovative and premium product offerings — from Beyond Meatballs to Beyond Breakfast Sausage Links — in addition to striking partnerships with big-name chains and retailers including Costco (COST), Taco Bell (YUM), Subway, TGI Friday’s, Dunkin’ and Pizza Hut.
This week, the company launched a new version of its plant-based Beyond Burger at grocery stores nationwide. Dubbed the brand's juiciest plant-based patty yet, a four-pack will set one back $9.99.
Beyond Burger 3.0 (Courtesy: Beyond Meat)
Beyond Burger 3.0 (Courtesy: Beyond Meat)
The new recipe, which more resembles the flavor and texture of ground beef, is set to be introduced to restaurant partners beginning in June.
"As we get closer to that beef experience that we all love, or most of us, we bring consumers into the brand and then we obviously are able to accomplish more of our broader objectives," Beyond Meat CEO Ethan Brown previously told Yahoo Finance.
And competition in the space continues to heat up.
In recent months, plant-based competitor Impossible Foods has slashed prices in a bid to capture market share from Beyond Meat ahead of a potential IPO.
Additionally, Tyson Foods (TSN) is set to launch plant-based hamburgers and sausages ahead of the summer grilling season. Beyond's stock initially dipped on that news.
Shares of Beyond Meat have risen 21% over the last 12 months, giving the company a market value of just over $7.5 billion.
It's Been a Bumpy Ride for Beyond Meat Stock. Why One Analyst Isn't Worried. -- Barrons.com
11:27 am ET April 28, 2021 (Dow Jones) Print
Teresa Rivas
Beyond Meat stock is known for its volatility, but lately it's been on a steady path down. However, there is still reason to believe in the bull case for the plant-based protein maker, according to Citigroup.
Analyst Wendy Nicholson reiterated a Buy rating and $133 price target on Beyond Meat's shares (ticker: BYND) Wednesday. Beyond Meat was up 0.2% to $133.78 in recent trading. The shares are up 6.3% year to date and have risen by nearly 33% in the past 12 months.
The shares have fallen about 10% since the analyst's March upgrade of the stock, largely because of "the evolving competitive dynamic in the plant-based meat category." More private competitors are entering the space, and some of them may have flexibility to lower their prices more aggressively than Beyond Meat, as companies push toward price parity with traditional meat. Others investors are worried that margin pressure shows no sign of abating, and that the company's high-profile partnerships with companies from McDonald's (MCD) to Yum! Brands (YUM) might not offer much growth.
Nicholson is keeping the faith. "Beyond Meat is a strong player in an attractive and growing category," she writes Wednesday. "Despite the difficult comparisons (which we believe are well understood by investors), difficult competitive dynamics (which we also believe are well understood by investors), we still think there is a long runway [of] strong growth ahead for this company."
She argues that the company should benefit from easy year-over-year comparisons in its food service channel, as restaurant sales suffered in the early days of the Covid-19 pandemic. Retail sales face more difficult comparisons, given the surge of grocery sales, but she still expects this division to notch 30% growth. The company's international operations could be even stronger than those in the U.S. in 2021, she writes.
While her estimates are a little bit more conservative than consensus for the first half of the year, Nicholson is more confident about the back half. "We see room for the company to start to benefit just a bit from the early, early days of its newly minted partnerships ...and continue to roll out newer and better tasting products while benefiting U.S. food service recovery."
Other analysts have also been getting more bullish as the company expands overseas and with key retailers.
Write to editors@barrons.com
Beyond Meat Stock Will Hit $4,500 by 2028 | BYND Stock Analysis
I don't know, just posting.
I own 120 shares, I try not to look at their value, the most I'll do is sell naked puts (out of the money) to pick up a few bucks. I have no plans on selling my shares. The twenty shares, I just bought them when it went way way to low and I had a few dollars laying around.
Brown got pissed at some of the questions on the last earning reports, daring people to sell, and they did. Hopefully, he holds his tongue a bit better this time, we'll see.
IMO, the beef industry is in trouble, BYND will be fine, they just need to keep lowering their cost basis, and product price.
Stock price will be extremely volatile for a while.
The Meat Mafia has a whole lot to lose. They will post lies.
Exactly what the CEO is talking about when he states that he's not building (or worrying about share price) he's building a company.
However, I wonder what kind of news he'll have for us on May 3rd!
Also, nice find Markp
Beyond Meat’s Cutting Edge Facility is Unveiled in Shanghai to Serve China’s Growing Plant-Based Market
April 7, 2021 Companies & Portraits, Hot Off The Vegan Press
Following the announcement last September that Beyond Meat was to open a production facility in China, marking its first manufacturing facility outside the US, Beyond today announces the unveiling of the new facility in the Jiaxing Economic & Technological Development Zone (JXEDZ) near Shanghai, making it the only multinational company focused solely on plant-based meat production to open its own production facility in China.
Beyond Meat will also be opening its first owned manufacturing facility in Europe later this year.
The announcement comes just one year after the company first entered mainland China through a nationwide partnership with Starbucks China. The facility will produce Beyond Pork, its first innovation created specifically for the Chinese market, as well as beef and poultry products. The facility will also feature R&D capabilities to create further unique product offerings for the region.
In its first year on the Chinese market, Beyond has expanded across Starbucks, KFC, Pizza Hut, Jindingxuan, GangLi Beijing, Slow Boat Brewery, Hema, METRO China and more.
©Beyond Meat
“The opening of our dedicated plant-based meat facility in China marks a significant milestone in Beyond Meat’s ability to effectively compete in one of the world’s largest meat markets. We are committed to investing in China as a region for long-term growth, and we believe this new manufacturing facility will be instrumental in advancing our pricing and sustainability metrics as we seek to provide Chinese consumers with delicious plant-based proteins that are good for both people and planet,” said Ethan Brown, CEO and Founder of Beyond Meat.
“The plant-based meat market in China continues to expand and Beyond Meat has been enthusiastically met by local consumers who are looking to live a healthy and sustainable lifestyle. The opening of the new Jiaxing plant is expected to enable us to quicken the pace of innovation and roll out our products at the speed and scale needed to remain highly competitive within the region,” Candy Chan, General Manager for Beyond Meat in China.
There market is increasing with every birth in the world, eating meat is going to be politically wrong soon, if it's not already. I have a daughter that likens a fresh T-bone as buying a rotting dead cow.
It's easier to eat fake meat then listen to BS while you enjoy a rare T-bone! Plus, BYND's research department is doing a fine job, IMO.
I prefer not to listen to anal-ists. All that I need to know is that their markets will increase as they lower prices.
RethinkX!
Got out of AMC as soon as it went over my buy in LOL prob could have held it longer but I was too scared.
Cubbie, I also own AMC, be careful there. BYND is really the place to be!
Beyond Meat Stock Is Rising Because One Analyst Says the Rally Will Continue -- Barrons.com
10:11 am ET March 19, 2021 (Dow Jones) Print
Teresa Rivas
Beyond Meat is popping Friday, on the heels of a bullish initiation from Stephens. The firm argues that the market for faux meat will continue to grow rapidly and the biggest players in the space will reap the lion's share of the rewards.
Analyst Mark Connelly initiated coverage of Beyond Meat (ticker: BYND) with an Overweight rating and $190 price target: "Alt Protein went from a novelty to one of the most successful new food product launches in history in just two years. Now it is going mainstream." The price target implies nearly 40% upside from the current Beyond Meat stock price.
He acknowledges that the Covid-19 pandemic caused growth to slow last year -- recall Beyond Meat's big sales disappointment in November -- as restaurant demand remained lackluster and retail sales underwhelmed. Yet he argues that "the foundation continues to strengthen."
Connelly believes that penetration in the retail channel is growing more quickly than naysayers believe, especially with Beyond Meat's international business expanding rapidly this year -- alternative proteins can go a long way to addressing China's food production challenges. This trend will be strengthened by the company's ongoing innovation, which allows its products to reflect both consumer and restaurant demands.
Of course, the huge explosion in demand for faux meat hasn't gone unnoticed, and competition has only intensified in the industry. That said, Connelly argues that "Beyond is one of only two companies that we think will define the high end of the market." More entrants to the space help raise consumer awareness overall of plant-based protein, while Beyond looks well positioned given it has a half-decade head start in creating its brand.
Moreover, while naysayers argue that Beyond Meat products aren't healthy, Connelly notes that the sodium in the patty isn't the main culprit when it comes to salt content in a burger -- it's the bun and condiments; also Beyond Meat and other companies are working to improve their health profile too, even as "plant-based burgers are already healthier overall." Nutrition may not be your first thought when ordering fast food, but faux meat's health profile can help attract new, highly desirable demographics, like women and more highly educated diners, to restaurants.
As of now, plant-based proteins are pricier than meat -- largely because major government subsidies for the latter -- but Beyond Meat and other companies are making progress. "Ag and ingredient specialists are already getting close to bringing new solutions to bear that will reduce cost and complexity," he notes.
Beyond Meat stock is up 1.7% to $136.00 in recent trading. The shares have gained 8.8% year to date and are up more than 130% in the past 12 months. Other analysts are also getting more bullish on the stock.
Write to Teresa Rivas at teresa.rivas@barrons.com
‘China learns fast’: Vegan fake-meat movement takes republic by storm
A visitor tries a plant-based meat substitute product at the Hong Kong Convention and Exhibition Centre in November 2020.
The country that currently consumes about half of the world’s pork is rapidly moving toward a vegan revolution.
China has an $86 billion meat market and is responsible for eating 28% of the global supply, with the average Chinese person devouring 11 pounds of meat annually. But that may soon change, The Guardian reports.
This change is apparently due to a cultural and market shift toward more environmentally aware middle-class consumers, who are beginning to prioritize saving the planet over eating pork daily as a sign of affluence and success.
Increasingly, there is a domestic market for Chinese individuals and institutions that are “willing to pay more” for meat alternatives because “they know they’re getting a healthier product that’s helping ensure the future of the planet their children are inheriting,” Franklin Yao, CEO of a plant-based mince producer in Shanghai, told the Guardian. “That’s priceless.”
Beyond financial status concerns, meat subs are carving out a slice of the market thanks to a new generation of consumers increasingly worried about by international food-related crises such as COVID-19 and African swine fever.
China’s plant-based meat market was estimated at 6.1 billion yuan ($937 million USD) in 2018 and projected to grow by 20 to 25% annually, according to 2019 report from the Good Food Institute.
Although the alternative-meat market is currently small in the country, Yao predicts it will soon be saturated and mainstream.
“Chinese consumers are actively looking for more sustainable products,” he told The Guardian. “While the link between meat and the environment is still weak among the majority of the population, the interest is there and China learns fast.”
The Chinese government is on board: In 2016, authorities pledged to bring down carbon emissions partially by asking citizens to cut back on their meat consumption. To advertise the request, the country launched a public campaign with action star Arnold Schwarzenegger and director James Cameron but it has done little to promote the cultural shift since.
Until $BYND time comes it will move like this. They need to get prices lowered. Hanging and holding. BYND got a few more partners today.
$183 PT announced, goes up. Ow down. Crazy
Bought and HOLDING Tesla and Beyond meat. Bought BYND.
Here is my total list of trades from last year:
__________
What to see it again? LOL!
That was the plan keep the premium go out and celebrate with the
"McPlant burger or two"
another trade according to plan!
Cubbie, if you wanted to pinch some money out of your AMC shares, sell an out of the money call. They didn't get their gamma squeeze today, but call values are way up there
I put all my beyond money into AMC and am still down unfortunately. I bought at the wrong time but I'm hoping it goes back up soon so I can buy more beyond. I'm hoping it stays in my price range until I can buy back in. Crossing fingers.
Cubbie, if you can afford to lose the money, the Reddit Raiders are predicting a gamma squeeze in AMC
I'm sorry you sold your BYND money, I thought you were sitting on the sidelines waiting to buy back in, perhaps AMC will help you out, there are a ton of in the money call options to get some action in AMC, I just have no idea if (or even how) this gamma squeeze plays out.
I did look at past volume the other day, there's ~400 millions shares outstanding, Jan. 25th they sold more than a billion, something is going to happen, IMO.
Again, Cubbie, only throw away money! GL
I think they will expire worthless and you'll be able to buy yourself a McPlant burger or two, GL
Yum Brands, McDonald’s Deals Lift Beyond Meat Stock Despite Earnings
By Teresa Rivas
Feb. 26, 2021 10:23 am ET
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Beyond Meat's retail sales were up 76.3% from a year earlier.
Angela Weiss / AFP via Getty Images
Beyond Meat announced two key partnerships along with mixed fourth-quarter results, sending shares of the plant-based-protein company higher..
Beyond Meat (BYND) said late Thursday it lost $25.1 million, or 40 cents per share. On an adjusted basis, which excludes expenses related to the Covid-19 pandemic, it lost 34 cents per share. Revenue rose 3.5% to $101.9 million. Analysts were looking for a 14 cent per-share loss and revenue of $103.6 million.
The company said that the Covid crisis continues to weigh on its food service channel because fewer people are dining at restaurants. Revenue at that segment was down 42.6%. In addition, a surge in supermarket sales the company enjoyed earlier in the pandemic, as consumers stocked up on groceries, has “moderated,” it said. Still, retail sales were up 76.3% from a year earlier.
Citing uncertainty related to the pandemic, the company declined to provide a full-year forecast.
Separately, Beyond Meat said it had signed a three-year agreement with McDonald’s (MCD) to be the fast-food giant’s “preferred supplier” for the McPlant patty. In addition, the companies “will explore co-developing other plant-based menu items — like plant-based options for chicken, pork and egg — as part of McDonald’s broader McPlant platform,” it said.
The move is a break from tradition for McDonald’s, which in the past hasn’t publicly stated which food suppliers it uses—in many cases because its large size means it needs more than one to satisfy demand. That is likely why Beyond Meat will be the preferred supplier for McPlant patties, rather than the only one.
Beyond Meat stock initially fell when McDonald’s announced the McPlant because it wasn’t identified as a supplier.
The company also announced another deal with Yum Brands (YUM) to create plant-based protein items at its KFC, Pizza Hut, and Taco Bell brands “over the next several years.”
This is the latest in the in a long string of agreements between the two companies. Taco Bell announced a partnership earlier this year, while Pizza Hut did so in November. Beyond Meat expanded in China with a partnership with KFC in 2020.
Beyond Meat was up 7.4% to $154.39 in early trading. The shares have gained 60% in the past 12 months and are up 15% year to date.
While the worse-than-expected result in terms of sales and earnings may worry some investors, the fourth-quarter figures are an improvement from the numbers it disclosed in November, which fell far short of expectations in terms of sales. High-profile distribution agreements have tended to boost Beyond Meat in the past, although some might wonder if part of Friday’s pop is also due to high short interest in the stock.
Write to Teresa Rivas at teresa.rivas@barrons.com
Beyond Meat signs 3-year global contract with McDonald’s and other fast-food chains
https://www.veganfoodandliving.com/news/beyond-meat-contract-mcdonalds-fast-food-chains/
Beyond Meat has signed a 3-year global contract with McDonald's and Yum! brands including Pizza Hut, Taco Bell and KFC.
It’s official. The future of meat is plant-based!
Vegan meat giant Beyond Meat has just signed a 3-year global contract with fast-food icon McDonald’s, indicating big changes on the horizon.
The brand has also signed a deal with Yum! Brands, the corporation behind KFC, Pizza Hut and Taco Bell, spanning over 50,000 outlets across the globe.
It is undeniable that these chains make up the majority of fast-food consumption, so the long-term addition of plant-based alternative Beyond Meat to their menus will hopefully drive flexitarian attitudes.
This news comes shortly after the exciting announcement of the McDonald’s McPlant burger using a Beyond Meat patty, currently trialling across Scandinavia.
Founder and CEO of Beyond Meat Ethan Brown commented: “We will combine the power of Beyond Meat’s rapid and relentless approach to innovation with the strength of McDonald’s global brand to introduce craveable, new plant-based menu items that consumers will love.”
* * $BYND Video Chart 02-25-2021 * *
Link to Video - click here to watch the technical chart video
Just sold a couple of Puts at 120 for March 5th will see what happens!
I'm hoping for TSLA to triple this year. Hoping.
BYND has more work to do as far a development. Getting prices down. I'm happy that Impossible dropped prices 20%. Great competition. The market will cry about whether BYND makes profits.
Omg Tesla is killin me, although my buy in is $384 so I am still up but that was my largest growth stock so my account is not happy. I am grateful I sold BYND though and that it is still in my price range to buy back once I pay off my margins smh. LoL I cannot wait to see green again!!!!
The stock that I sold to get into BYND crashed 55%. I where I started with BYND. My TSLA way behind today, but I'm still up 1200%
My portfolio crashed so bad in the last week (today) I have no money to buy into BYND now
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