Beyond Meat (BYND) to Release Quarterly Earnings on Tuesday

Beyond Meat (NASDAQ:BYND) is projected to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Beyond Meat to post earnings of ($0.44) per share and revenue of $76.08 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Beyond Meat Stock Up 2.3 %

Shares of NASDAQ:BYND opened at $3.95 on Tuesday. The firm has a fifty day moving average of $3.87 and a two-hundred day moving average of $5.24. Beyond Meat has a 12-month low of $3.30 and a 12-month high of $12.12. The firm has a market capitalization of $257.54 million, a P/E ratio of -0.94 and a beta of 2.31.

Insider Buying and Selling at Beyond Meat

In other Beyond Meat news, insider Ethan Brown sold 313,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $3.75, for a total value of $1,173,750.00. Following the completion of the sale, the insider now directly owns 1,703,288 shares of the company’s stock, valued at $6,387,330. The trade was a 15.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 8.60% of the company’s stock.

Beyond Meat Company Profile

Beyond Meat, Inc, a plant-based meat company, develops, 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 stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools.