Can We Expect NASDAQ BYND To Grow Shortly

Can We Expect NASDAQ BYND To Grow Shortly

Beyond Meat is the company that sells its shares under the symbol NASDAQ: BYND at https://www.webull.com/quote/nasdaq-bynd. The company offers plant-based burgers. There is a wide range of products available with this company, including The Beyond Burger, Beyond Beef Crumbles, Beyond Sausage, and Beyond Chicken Strips. There are several plant-based products sold by the company across three main platforms of Meat of pork, beef, and poultry.

They provide, Chef Spike’s Original Brat, Beyond Mushroom Bacon Cheeseburger, Roasted Garlic & Italian Sausage Pasta, April Ross’ Butternut Squash Mac-N-Cheese, and Beyond Beef Tacos. Further, they provide Beyond Spring Burger, Beyond Sausage Stuffed Peppers, Beyond Nacho Burgers, Tuscan Style Beyond Sausage Pasta, Beyond Beef Fiesta Power Bowl, Beyond Brat Breakfast Burrito, Beyond Beef Nachos, Beyond Beef Fiesta Power Bowl, Truffle Mac & Cheese Beyond Burger, Beyond Burger Tostada With Marinated Kale, and Love & Lemons Guacamole Beyond Burger.

The delicacies they provide are very popular, especially among vegans and vegetarians. Very often, people are tired of eating meat and want to eat something light and easy to digest. This company serves them well. Not just burgers, but there are several other items you’d like. Trying one of their items will make you wanna try more.

NASDAQ: BYND Stock Details

In the long term, the stock is performing quite well, but in the short term and midterm, it’s value has been decreasing. As of August 2020, the 52 weeks high for the stock is 172.29, and the 52 week low for the stock is 48.18. The average volume for the stock is 6,326,944. The EPS for the stock is -0.08.

The current stock price target is 120.31, with a low estimate of 53.00 and a high estimate of 173.00. Based on 21 expert analysts, one should neither buy and nor sell these stocks. 47.62% of the analysts suggest to hold on to the stocks. 4.76 suggest to buy, and 14.29% strongly recommend to buy this stock. Among the rest, 28.57 believe that the stock is underperforming, and 4.76 believe that one should sell these stocks.

The company has been losing popularity recently. It’s not easy for a vegetarian restaurant to grow too much. There are very few vegetarians and vegans. Keeping in mind the smaller audience, the stock isn’t performing that bad.

Further, people understand the benefits of vegan and vegetarian diets nowadays. As a result, non-vegetarians are shifting to a vegetarian diet. For such people, who like non-veg but are still shifting to a vegetarian diet, this provides the best substitute to hamburgers. The company has a lot of potentials to grow in the recent future. You can buy the stock share from stock trading companies.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

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