Beyond Meat Inc Stock Research

Market Summary

USD16.85-0.20

Market Closed

-1.17%

BYND Alerts

Big fall in Revenue (Y/Y)
Losses in recent quarter

BYND Stock Price

BYND RSI Chart

BYND Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-2.93

Price/Sales (Trailing)

2.57

EV/EBITDA

-2.42

Price/Free Cashflow

-2.75

BYND Price/Sales (Trailing)

BYND Profitability

EBT Margin

-82.87%

Return on Equity

179.88%

Return on Assets

-34.47%

Free Cashflow Yield

-36.36%

BYND Fundamentals

BYND Revenue

Revenue (TTM)

418.9M

Revenue Y/Y

-20.6%

Revenue Q/Q

-3.11%

BYND Earnings

Earnings (TTM)

-366.1M

Earnings Y/Y

16.8%

Earnings Q/Q

34.24%

Price Action

52 Week Range

11.0353.47

(Low)(High)

Last 7 days

-6.2%

Last 30 days

5.5%

Last 90 days

23.7%

Trailing 12 Months

-56.2%

BYND Financial Health

Current Ratio

Debt/Equity

27.59

Debt/Cashflow

-0.37

BYND Investor Care

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

-5.75

Peers (Alternatives to Beyond Meat)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MDLZ	91.4B	31.5B	0.20%	10.51%	33.65	2.9	9.67%	-36.81%
KHC	46.8B	26.5B	-5.50%	3.91%	19.79	1.77	1.70%	133.50%
HRL	24.6B	12.4B	-13.07%	-18.53%	24.65	1.98	3.48%	5.62%
CAG	19.2B	12.0B	-3.02%	15.18%	33.31	1.63	7.29%	-38.13%
CPB	16.2B	9.2B	4.90%	28.00%	19.88	1.76	10.54%	-11.73%
MID-CAP
FLO	5.8B	4.8B	-2.30%	10.65%	25.51	1.21	10.97%	10.77%
SMPL	3.7B	1.2B	-0.88%	3.46%	30.35	3.15	12.56%	546.17%
SMALL-CAP
HAIN	1.5B	1.9B	-9.38%	-46.93%	33.69	0.83	-1.15%	-63.64%
BGS	1.1B	2.2B	20.74%	-38.65%	-94.61	0.5	5.19%	-116.88%
BYND	1.1B	418.9M	5.51%	-56.16%	-2.93	2.57	-9.85%	-101.06%
BRID	126.4M	263.4M	10.69%	27.76%	2.77	0.48	5.45%	786.05%
LWAY	94.8M	136.7M	8.35%	-13.96%	824.6	0.69	20.26%	-96.88%
FARM	78.3M	496.5M	-9.89%	-37.05%	-2.72	0.16	17.42%	-12.94%
PLAG	37.9M	-	-5.36%	-29.88%	-3.8	0.72	513.44%	-38.56%
RMCF	32.6M	33.1M	-	-31.32%	-9.02	0.98	2.77%	-346.02%

Financials for Beyond Meat

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-4.7%	418,933,000	439,673,000	463,605,000	465,991,000	464,700,000
Gross Profit	-261.6%	-23,743,000	-6,567,000	31,249,000	84,763,000	117,281,000
Operating Expenses	-8.4%	319,028,000	348,172,000	350,245,000	332,679,000	292,214,000
S&GA Expenses	-7.3%	239,505,000	258,496,000	260,363,000	245,634,000	209,474,000
R&D Expenses	-13.0%	62,264,000	71,583,000	73,032,000	70,653,000	66,900,000
EBITDA	6.7%	-310,591,000	-332,828,000	-296,875,000	-223,457,000	-
EBITDA Margin	2.1%	-0.74	-0.76	-0.64	-0.48	-
Earnings Before Taxes	5.4%	-347,157,000	-366,937,000	-328,249,000	-252,001,000	-179,068,000
EBT Margin	0.7%	-0.83	-0.83	-0.71	-0.54	-
Interest Expenses	-4.8%	3,966,000	4,165,000	4,130,000	4,044,000	3,648,000
Net Income	3.6%	-366,137,000	-379,641,000	-332,779,000	-255,297,000	-182,105,000
Net Income Margin	-1.2%	-0.87	-0.86	-0.72	-0.55	-
Free Cahsflow	17.3%	-390,719,000	-472,282,000	-543,121,000	-570,069,000	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-6.9%	1,062	1,141	1,218	1,295	1,379
Current Assets	-12.9%	606	696	820	917	1,052
Cash Equivalents	-17.3%	323	390	455	548	733
Inventory	-4.6%	236	247	255	284	242
Current Liabilities	-16.4%	76.00	91.00	110	101	94.00
Long Term Debt	0.1%	1,131	1,130	-	-	-
LT Debt, Non Current	0.1%	1,133	1,132	1,130	-	-
Shareholder's Equity	-596.7%	-203	41.00	132	-	-
Retained Earnings	-9.9%	-743	-676	-574	-477	-376
Additional Paid-In Capital	0.9%	544	539	530	520	510
Shares Outstanding	0.1%	64.00	64.00	64.00	64.00	63.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	15.9%	-320	-380	-416	-435	-301
Share Based Compensation	-3.0%	34.00	35.00	32.00	30.00	28.00
Cashflow From Investing	23.1%	-87.53	-113	-137	-145	-147
Cashflow From Financing	-53.0%	0.00	1.00	1.00	3.00	1,022

Risks for BYND

What is the probability of a big loss on BYND?

93.6%

Probability that Beyond Meat stock will be more than 20% underwater in next one year

93.1%

Probability that Beyond Meat stock will be more than 30% underwater in next one year.

83.3%

Probability that Beyond Meat stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BYND drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Beyond Meat was unfortunately bought at previous high price.

Drawdowns

Returns for BYND

Cumulative Returns on BYND

-38.4%

3-Year Cumulative Returns

Which funds bought or sold BYND recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	BAILLIE GIFFORD & CO	added	6.65	-4,389	57,611	-%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-62.81	-14,000	6,000	-%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	6,524	6,524	-%
2023-03-01	B. Riley Financial, Inc.	new	-	7,590	7,590	-%
2023-02-28	Voya Investment Management LLC	unchanged	-	-44,816	294,184	-%
2023-02-27	Parallax Volatility Advisers, L.P.	unchanged	-	-36,800	246,200	-%
2023-02-24	SRS Capital Advisors, Inc.	new	-	332	332	-%
2023-02-24	NATIXIS	sold off	-100	-146,000	-	-%
2023-02-24	BBJS FINANCIAL ADVISORS, LLC	new	-	3,693	3,693	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	reduced	-73.94	-52,719	15,281	-%

Latest Funds Activity

Are funds buying BYND calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own BYND

No. of Funds

Beyond Meat News

Schedule 13G FIlings of Beyond Meat

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	susquehanna securities, llc	4.4%	2,807,585	SC 13G/A
Feb 09, 2023	vanguard group inc	9.45%	6,023,408	SC 13G/A
Feb 03, 2023	brown ethan	5.6%	3,684,125	SC 13G/A
Feb 03, 2023	blackrock inc.	6.6%	4,175,480	SC 13G
Sep 02, 2022	baillie gifford & co	6.61%	4,209,257	SC 13G/A
Feb 14, 2022	susquehanna securities, llc	5.7%	3,588,621	SC 13G
Feb 09, 2022	vanguard group inc	7.89%	4,994,886	SC 13G/A
Feb 04, 2022	udq private trust company, llc	4.5%	2,834,455	SC 13G/A
Jan 27, 2022	beyond meat, inc.	5.4%	3,507,992	SC 13G/A
Jan 12, 2022	baillie gifford & co	13.38%	8,471,482	SC 13G/A

BYND Fair Value

Beyond Meat fair value in different scenarios

The table shows the Fair Value estimates for Beyond Meat for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	0.53 -96.85%	1.28 -92.40%	3.04 -81.96%	7.08 -57.98%	10.78 -36.02%
Current Inflation	0.49 -97.09%	1.17 -93.06%	2.70 -83.98%	6.20 -63.20%	9.38 -44.33%
Very High Inflation	0.44 -97.39%	1.03 -93.89%	2.30 -86.35%	5.16 -69.38%	7.75 -54.01%

Historical Beyond Meat Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Beyond Meat

View All Filings

Date Filed	Form Type	Document
Mar 15, 2023	4	Insider Trading
Mar 15, 2023	4	Insider Trading
Mar 15, 2023	4	Insider Trading
Mar 15, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Mar 06, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading

Latest Insider Trading transactions for BYND

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-13	WITTEMAN TERI L	sold (taxes)	-1,372	17.6	-78.00	chief legal officer, secretary
2023-03-13	Ajami Dariush	sold (taxes)	-2,657	17.6	-151	chief innovation officer
2023-03-13	KUTUA LUBI	sold (taxes)	-545	17.6	-31.00	cfo, treasurer
2023-03-13	Brown Ethan	sold (taxes)	-7,462	17.6	-424	president, chief exec. officer
2023-03-02	Brown Ethan	sold (taxes)	-9,105	17.68	-515	president, chief exec. officer
2023-03-02	KUTUA LUBI	sold (taxes)	-636	17.68	-36.00	cfo, treasurer
2023-03-02	WITTEMAN TERI L	sold (taxes)	-2,652	17.68	-150	chief legal officer, secretary
2023-03-02	Ajami Dariush	sold (taxes)	-3,783	17.68	-214	chief innovation officer
2023-03-01	Nelson Jonathan P	sold (taxes)	-1,473	16.94	-87.00	see remarks
2023-02-28	Nelson Jonathan P	acquired	-	-	50,449	see remarks

About Beyond Meat

Ethan W. Brown

www.beyondmeat.com/

1420

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, 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 founded in 2009 and is headquartered in El Segundo, California.

BYND Income Statement

2022-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net revenues	$ 418,933	$ 464,700	$ 406,785
Cost of goods sold	442,676	347,419	284,510
Gross (loss) profit	(23,743)	117,281	122,275
Research and development expenses	62,264	66,946	31,535
Selling, general and administrative expenses	239,505	209,474	133,655
Restructuring expenses	17,259	15,794	6,430
Total operating expenses	319,028	292,214	171,620
Loss from operations	(342,771)	(174,933)	(49,345)
Other expense, net:
Interest expense	(3,966)	(3,648)	(2,576)
Other, net	(420)	(487)	(759)
Total other expense, net	(4,386)	(4,135)	(3,335)
Loss before taxes	(347,157)	(179,068)	(52,680)
Income tax expense	32	60	72
Equity in losses of unconsolidated joint venture	18,948	2,977	0
Net loss	$ (366,137)	$ (182,105)	$ (52,752)
Net loss per share available to common stockholders—basic (in dollars per share)	$ (5.75)	$ (2.88)	$ (0.85)
Net loss per share available to common stockholders—diluted (in dollars per share)	$ (5.75)	$ (2.88)	$ (0.85)
Weighted average common shares outstanding—basic (in shares)	63,622,432	63,172,368	62,290,445
Weighted average common shares outstanding—diluted (in shares)	63,622,432	63,172,368	62,290,445

BYND Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 309,922	$ 733,294
Accounts receivable, net	34,198	43,806
Inventory	235,696	241,870
Prepaid expenses and other current assets	20,700	33,078
Assets held for sale	5,943	0
Total current assets	606,459	1,052,048
Restricted cash	12,627	0
Property, plant and equipment, net	257,002	226,489
Operating lease right-of-use assets	87,595	26,815
Prepaid lease costs, non-current	85,472	59,188
Other non-current assets, net	10,744	6,836
Investment in unconsolidated joint venture	2,325	8,023
Total assets	1,062,224	1,379,399
Current liabilities:
Accounts payable	55,300	69,040
Current portion of operating lease liabilities	3,812	4,458
Accrued expenses and other current liabilities	16,729	20,691
Total current liabilities	75,841	94,189
Long-term liabilities:
Convertible senior notes, net	1,133,608	1,129,674
Operating lease liabilities, net of current portion	55,854	22,599
Finance lease obligations and other long term liabilities	469	442
Total long-term liabilities	1,189,931	1,152,715
Commitments and contingencies (Note 10)
Stockholders’ (deficit) equity:
Preferred stock, par value $0.0001 per share—500,000 shares authorized, none issued and outstanding	0	0
Common stock, par value $0.0001 per share—500,000,000 shares authorized at December 31, 2022 and 2021; 63,773,982 and 63,400,899 shares issued and outstanding at December 31, 2022 and 2021, respectively	6	6
Additional paid-in capital	544,357	510,014
Accumulated deficit	(743,109)	(376,972)
Accumulated other comprehensive loss	(4,802)	(553)
Total stockholders’ (deficit) equity	(203,548)	132,495
Total liabilities and stockholders’ (deficit) equity	$ 1,062,224	$ 1,379,399