Beyond Meat Stock Shares Outstanding
| BYND Stock | USD 6.79 0.01 0.15% |
Beyond Meat fundamentals help investors to digest information that contributes to Beyond Meat's financial success or failures. It also enables traders to predict the movement of Beyond Stock. The fundamental analysis module provides a way to measure Beyond Meat's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Beyond Meat stock.
As of May 2, 2024, Common Stock Shares Outstanding is expected to decline to about 59.8 M. Beyond | Shares Outstanding |
Beyond Meat Company Shares Outstanding Analysis
Beyond Meat's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Beyond Meat Shares Outstanding | 64.84 M |
Most of Beyond Meat's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Beyond Meat is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Beyond Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Beyond Meat is extremely important. It helps to project a fair market value of Beyond Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Beyond Meat's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Beyond Meat's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Beyond Meat's interrelated accounts and indicators.
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Beyond Shares Outstanding Historical Pattern
Today, most investors in Beyond Meat Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Beyond Meat's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Beyond Meat shares outstanding as a starting point in their analysis.
Beyond Meat Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Beyond Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Beyond Meat has 64.84 M of shares currently outstending. This is 84.43% lower than that of the Food Products sector and 74.98% lower than that of the Consumer Staples industry. The shares outstanding for all United States stocks is 88.66% higher than that of the company.
Beyond Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beyond Meat's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Beyond Meat could also be used in its relative valuation, which is a method of valuing Beyond Meat by comparing valuation metrics of similar companies.Beyond Meat is currently under evaluation in shares outstanding category among related companies.
Beyond Meat Current Valuation Drivers
We derive many important indicators used in calculating different scores of Beyond Meat from analyzing Beyond Meat's financial statements. These drivers represent accounts that assess Beyond Meat's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Beyond Meat's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 3.0B | 3.0B | 4.5B | 1.7B | 1.6B | 3.1B |
Beyond Fundamentals
| Return On Equity | -11.67 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (0.98) % | |||
| Operating Margin | (0.98) % | |||
| Current Valuation | 1.47 B | |||
| Shares Outstanding | 64.84 M | |||
| Shares Owned By Insiders | 4.53 % | |||
| Shares Owned By Institutions | 38.50 % | |||
| Number Of Shares Shorted | 22.9 M | |||
| Price To Earning | (253.14) X | |||
| Price To Book | 59.32 X | |||
| Price To Sales | 1.25 X | |||
| Revenue | 343.38 M | |||
| Gross Profit | (23.74 M) | |||
| EBITDA | (282.82 M) | |||
| Net Income | (338.14 M) | |||
| Cash And Equivalents | 390.18 M | |||
| Cash Per Share | 6.12 X | |||
| Total Debt | 1.22 B | |||
| Current Ratio | 7.68 X | |||
| Book Value Per Share | (7.94) X | |||
| Cash Flow From Operations | (107.83 M) | |||
| Short Ratio | 12.62 X | |||
| Earnings Per Share | (5.26) X | |||
| Price To Earnings To Growth | 5.75 X | |||
| Target Price | 6.6 | |||
| Number Of Employees | 686 | |||
| Beta | 2.42 | |||
| Market Capitalization | 439.65 M | |||
| Total Asset | 774.45 M | |||
| Retained Earnings | (1.08 B) | |||
| Working Capital | 298.49 M | |||
| Current Asset | 72.16 M | |||
| Current Liabilities | 17.2 M | |||
| Net Asset | 774.45 M |
About Beyond Meat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Beyond Meat's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beyond Meat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beyond Meat based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Beyond Meat
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beyond Meat position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beyond Meat will appreciate offsetting losses from the drop in the long position's value.Moving against Beyond Stock
| 0.58 | KAVL | Kaival Brands Innovations Trending | PairCorr |
| 0.51 | UVV | Universal | PairCorr |
The ability to find closely correlated positions to Beyond Meat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond Meat when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beyond Meat - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beyond Meat to buy it.
The correlation of Beyond Meat is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beyond Meat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond Meat moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Beyond Meat can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Beyond Meat Piotroski F Score and Beyond Meat Altman Z Score analysis. For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Beyond Stock analysis
When running Beyond Meat's price analysis, check to measure Beyond Meat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beyond Meat is operating at the current time. Most of Beyond Meat's value examination focuses on studying past and present price action to predict the probability of Beyond Meat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Meat's price. Additionally, you may evaluate how the addition of Beyond Meat to your portfolios can decrease your overall portfolio volatility.
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Is Beyond Meat's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beyond Meat. If investors know Beyond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beyond Meat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.26) | Revenue Per Share 5.34 | Quarterly Revenue Growth (0.08) | Return On Assets (0.17) | Return On Equity (11.67) |
The market value of Beyond Meat is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Meat's value that differs from its market value or its book value, called intrinsic value, which is Beyond Meat's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beyond Meat's market value can be influenced by many factors that don't directly affect Beyond Meat's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beyond Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Meat's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.