|Bid||118.50 x 900|
|Ask||118.61 x 1000|
|Day's Range||118.17 - 120.46|
|52 Week Range||113.26 - 221.00|
|Beta (5Y Monthly)||1.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 06, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||128.27|
Beyond Meat's earnings partly reflect rising consumer interest in alternative foods and a pandemic-stricken foodservice channel that's pressured sales and profits.
Beyond Meat's (BYND) first-quarter 2021 results are likely to reflect softness in the foodservice business due to lower traffic and curbs on foodservice location operations.
Shares of Beyond Meat (NASDAQ: BYND) fell by 4% Monday after food industry giant Tyson Foods (NYSE: TSN) announced it was launching its own line of plant-based burgers. On the other hand, this is also Tyson's second attempt at a plant-based burger. Tyson Foods is the biggest producer of beef, poultry, and pork in the country, but it is also smart enough to see the trends and recognize when there are markets to exploit.