|Bid||131.49 x 1800|
|Ask||131.97 x 1100|
|Day's Range||130.50 - 135.98|
|52 Week Range||48.18 - 172.29|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 26, 2020 - Oct. 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||113.49|
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Beyond Meat, Inc...
CFRA Analyst Arun Sundaram joins Yahoo Finance’s Zack Guzman to break down Beyond Meat's latest quarterly results, after U.S. retail sales surged 194.9% from a year ago.
The first six months of 2020 have visibly transformed Beyond Meat's (NASDAQ: BYND) approach to marketing its plant-based, meat substitute products. Total revenue jumped by 69% against the prior-year quarter to $113.3 million. In the second quarter, U.S. retail sales (mostly through grocery channels) almost tripled to $90 million, while foodservice sales in the U.S. plunged by 61% to $6.5 million.