Beyond Meat (BYND) Expected to Announce Quarterly Earnings on Wednesday

Beyond Meat (NASDAQ:BYND) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.44) per share and revenue of $76.08 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Beyond Meat Price Performance

Beyond Meat stock opened at $4.02 on Monday. The company has a market capitalization of $262.10 million, a price-to-earnings ratio of -0.96 and a beta of 2.31. Beyond Meat has a one year low of $3.30 and a one year high of $12.12. The company’s fifty day moving average price is $3.87 and its two-hundred day moving average price is $5.19.

Insider Activity

In other news, insider Ethan Brown sold 313,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $3.75, for a total value of $1,173,750.00. Following the sale, the insider now directly owns 1,703,288 shares of the company’s stock, valued at approximately $6,387,330. This trade represents a 15.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.60% of the stock is currently owned by company insiders.

About Beyond Meat

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.