- Investing.com
Beyond Meat, Inc., a plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally. The company sells a range of plant-based meat products that replicates beef, pork, and poultry meats. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.
Future Potential | Delve into Beyond Meat's efforts to navigate evolving consumer trends and capitalize on potential growth in the plant-based meat market |
Analyst Outlook | With price targets ranging from $2 to $5, analysts maintain a cautious stance on Beyond Meat's near-term prospects amidst ongoing market challenges |
Market Headwinds | Explore the challenges facing Beyond Meat across key distribution channels, including declining volumes and shifting consumer preferences |
Financial Hurdles | Beyond Meat grapples with declining revenues and negative earnings forecasts, prompting a strategic shift towards cost reduction and margin improvement |
Metrics to compare | BYND | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipBYNDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 2.0x | −5.4x | 12.0x | |
PEG Ratio | 0.08 | 0.05 | 0.03 | |
Price / Book | −349.2x | 3.7x | 1.5x | |
Price / LTM Sales | 1.3x | 0.6x | 0.9x | |
Upside (Analyst Target) | −16.7% | 63.8% | 21.8% | |
Fair Value Upside | Unlock | 23.3% | 11.6% | Unlock |