A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. ROE values, like other values, can vary significantly from one industry to another. A higher number means the company has more debt to equity, https://dotbig.com/ whereas a lower number means it has less debt to equity. A D/E ratio of 1 means its debt is equivalent to its common equity. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another.
For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Barclays analyst Benjamin Theurer maintained a Hold rating on Beyond Meat (BYND – Research Report) on October 14 and set a price target of $13.00.
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The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. The tested combination of price performance, and earnings momentum , creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It’s packed with all of the company’s key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. View our full suite of financial calendars and market data tables, all for free. 19 employees have rated Beyond Meat Chief Executive Officer Ethan Brown on Glassdoor.com.
- The company’s shares closed last Friday at $13.35.Theurer covers the Consum…
- The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018.
- Since there is a fair amount of discretion in what’s included and not included in the ‘ITDA’ portion of this calculation, it is considered a non-GAAP metric.
- For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment.
- This shows the percentage of profit a company earns on its sales.
- P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
The company’s shares closed last Friday at $13.35.Theurer covers the Consum… BYND Cannasoft Enterprises’ stock was trading at $4.55 at the start of the year. Since then, BCAN shares have decreased by 47.3% https://dotbig.com/markets/stocks/BYND/ and is now trading at $2.40. Earnings estimate revisions are the most important factor influencing stocks prices. It’s an integral part of the Zacks Rank and a critical part in effective stock evaluation.
A ratio of 1 means a company’s assets are equal to its liabilities. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). A ratio of 2 means its assets are twice that of DotBig its liabilities. A ‘good’ number would usually fall within the range of 1.5 to 3. Like most ratios, this number will vary from industry to industry. Cash flow itself is an important item on the income statement.
The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued https://dotbig.com/ which are poised to move higher. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.
About Beyond Meat (NASDAQ:BYND) Stock
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. These returns cover a period from January 1, 1988 through September 12, 2022. Zacks Rank stock-rating DotBig system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
Beyond Meat Estimates* in USD
Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. BYND stock While a P/B of less than 3 would mean it’s trading at a discount to the market, different industries have different median P/B values.
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Many investors prefer EV to just Market Cap as a better way to determine the value of a company. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. That means these items are added back into the net income to produce this earnings number. Since there is a fair amount of discretion in what’s included and not included in the ‘ITDA’ portion of this calculation, it is considered a non-GAAP metric. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio.
In this case, it’s the cash flow growth that’s being looked at. A positive change in the cash flow is desired and shows that more ‘cash’ is coming in than ‘cash’ going out. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Our testing substantiates this with the optimum range for price performance between 0-20. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share.
Realtime quote and/or trades are not sourced from all markets. What analysts recommend for BYND stock, on a scale from 1 to 5. One share of BCAN stock can currently be purchased for approximately $2.40. The company also announced the resignation of its COO, who allegedly bit someone’s nose after a college football game. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization.
The consensus among Wall Street analysts is that investors should "hold" BYND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BYND, but not buy additional shares or sell existing shares. At Beyond Meat Incorporated stock price today the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022. The P/E ratio of Beyond Meat is -2.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. MarketBeat has tracked 27 news articles for Beyond Meat this week, compared to 8 articles on an average week. Beyond Meat has received DotBig a 61.63% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is driven by its "Frozen pea protein patties" and "Frozen vegetable nuggets" products. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.