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Beyond Meat Inc
Buy, Hold or Sell?

Let's analyse Beyond Meat Inc together

PenkeI guess you are interested in Beyond Meat Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Beyond Meat Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Beyond Meat Inc (30 sec.)










What can you expect buying and holding a share of Beyond Meat Inc? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€-7.46
Expected worth in 1 year
€-11.96
How sure are you?
16.7%

+ What do you gain per year?

Total Gains per Share
€-4.50
Return On Investment
-74.1%

For what price can you sell your share?

Current Price per Share
€6.08
Expected price per share
€5.243 - €8.192
How sure are you?
50%

1. Valuation of Beyond Meat Inc (5 min.)




Live pricePrice per Share (EOD)

€6.08

Intrinsic Value Per Share

€-43.81 - €-50.77

Total Value Per Share

€-51.27 - €-58.23

2. Growth of Beyond Meat Inc (5 min.)




Is Beyond Meat Inc growing?

Current yearPrevious yearGrowGrow %
How rich?-$513.3m-$88.1m-$269m-75.3%

How much money is Beyond Meat Inc making?

Current yearPrevious yearGrowGrow %
Making money-$84.5m-$91.5m$6.9m8.3%
Net Profit Margin-105.1%-91.2%--

How much money comes from the company's main activities?

3. Financial Health of Beyond Meat Inc (5 min.)




4. Comparing to competitors in the Packaged Foods industry (5 min.)




  Industry Rankings (Packaged Foods)  


Richest
#487 / 489

Most Revenue
#313 / 489

Most Profit
#479 / 489

Most Efficient
#468 / 489

What can you expect buying and holding a share of Beyond Meat Inc? (5 min.)

Welcome investor! Beyond Meat Inc's management wants to use your money to grow the business. In return you get a share of Beyond Meat Inc.

What can you expect buying and holding a share of Beyond Meat Inc?

First you should know what it really means to hold a share of Beyond Meat Inc. And how you can make/lose money.

Speculation

The Price per Share of Beyond Meat Inc is €6.078. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Beyond Meat Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Beyond Meat Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €-7.46. Based on the TTM, the Book Value Change Per Share is €-1.13 per quarter. Based on the YOY, the Book Value Change Per Share is €-1.22 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Beyond Meat Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-2.40-39.5%-1.29-21.2%-1.42-23.3%-0.80-13.1%-0.80-13.1%
Usd Book Value Change Per Share-2.33-38.3%-1.20-19.7%-1.30-21.4%-0.44-7.3%-0.44-7.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-2.33-38.3%-1.20-19.7%-1.30-21.4%-0.44-7.3%-0.44-7.3%
Usd Price Per Share8.31-11.58-24.65-68.27-68.27-
Price to Earnings Ratio-0.87--2.91--4.24--115.67--115.67-
Price-to-Total Gains Ratio-3.57--12.91--18.54--317.25--317.25-
Price to Book Ratio-1.05--2.38-7.58-14.36-14.36-
Price-to-Total Gains Ratio-3.57--12.91--18.54--317.25--317.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.4682076
Number of shares154
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-1.20-0.44
Usd Total Gains Per Share-1.20-0.44
Gains per Quarter (154 shares)-184.43-67.91
Gains per Year (154 shares)-737.72-271.64
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-738-7480-272-282
20-1475-14860-543-554
30-2213-22240-815-826
40-2951-29620-1087-1098
50-3689-37000-1358-1370
60-4426-44380-1630-1642
70-5164-51760-1901-1914
80-5902-59140-2173-2186
90-6639-66520-2445-2458
100-7377-73900-2716-2730

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%2.016.00.011.1%2.016.00.011.1%2.016.00.011.1%
Book Value Change Per Share0.04.00.00.0%0.012.00.00.0%3.015.00.016.7%3.015.00.016.7%3.015.00.016.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.018.00.0%0.00.018.00.0%
Total Gains per Share0.04.00.00.0%0.012.00.00.0%3.015.00.016.7%3.015.00.016.7%3.015.00.016.7%

Fundamentals of Beyond Meat Inc

About Beyond Meat Inc

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. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.

Fundamental data was last updated by Penke on 2024-04-05 07:06:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Beyond Meat Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Beyond Meat Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • A Net Profit Margin of -210.5% means that €-2.11 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Beyond Meat Inc:

  • The MRQ is -210.5%. The company is making a huge loss. -2
  • The TTM is -105.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-210.5%TTM-105.1%-105.4%
TTM-105.1%YOY-91.2%-13.9%
TTM-105.1%5Y-55.7%-49.4%
5Y-55.7%10Y-55.7%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-210.5%2.9%-213.4%
TTM-105.1%2.8%-107.9%
YOY-91.2%3.0%-94.2%
5Y-55.7%3.4%-59.1%
10Y-55.7%3.6%-59.3%
1.1.2. Return on Assets

Shows how efficient Beyond Meat Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • -20.0% Return on Assets means that Beyond Meat Inc generated €-0.20 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Beyond Meat Inc:

  • The MRQ is -20.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -9.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-20.0%TTM-9.8%-10.2%
TTM-9.8%YOY-7.7%-2.0%
TTM-9.8%5Y-5.2%-4.6%
5Y-5.2%10Y-5.2%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-20.0%1.5%-21.5%
TTM-9.8%1.5%-11.3%
YOY-7.7%1.5%-9.2%
5Y-5.2%1.5%-6.7%
10Y-5.2%1.8%-7.0%
1.1.3. Return on Equity

Shows how efficient Beyond Meat Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • 0.0% Return on Equity means Beyond Meat Inc generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Beyond Meat Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-61.3%+61.3%
TTM-5Y-20.2%+20.2%
5Y-20.2%10Y-20.2%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.2%-3.2%
TTM-3.0%-3.0%
YOY-61.3%3.1%-64.4%
5Y-20.2%3.1%-23.3%
10Y-20.2%3.4%-23.6%

1.2. Operating Efficiency of Beyond Meat Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Beyond Meat Inc is operating .

  • Measures how much profit Beyond Meat Inc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Beyond Meat Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-36.3%+36.3%
TTM-36.3%YOY-80.8%+44.5%
TTM-36.3%5Y-35.9%-0.4%
5Y-35.9%10Y-35.9%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.0%-5.0%
TTM-36.3%3.6%-39.9%
YOY-80.8%4.9%-85.7%
5Y-35.9%5.2%-41.1%
10Y-35.9%5.1%-41.0%
1.2.2. Operating Ratio

Measures how efficient Beyond Meat Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 5.32 means that the operating costs are €5.32 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Beyond Meat Inc:

  • The MRQ is 5.321. The company is inefficient in keeping operating costs low. -1
  • The TTM is 3.353. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ5.321TTM3.353+1.968
TTM3.353YOY2.873+0.480
TTM3.3535Y2.437+0.915
5Y2.43710Y2.4370.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ5.3211.551+3.770
TTM3.3531.511+1.842
YOY2.8731.453+1.420
5Y2.4371.394+1.043
10Y2.4371.257+1.180

1.3. Liquidity of Beyond Meat Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Beyond Meat Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 5.01 means the company has €5.01 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Beyond Meat Inc:

  • The MRQ is 5.014. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.307. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.014TTM7.307-2.293
TTM7.307YOY8.059-0.752
TTM7.3075Y9.135-1.828
5Y9.13510Y9.1350.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0141.561+3.453
TTM7.3071.606+5.701
YOY8.0591.600+6.459
5Y9.1351.638+7.497
10Y9.1351.650+7.485
1.3.2. Quick Ratio

Measures if Beyond Meat Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • A Quick Ratio of 0.43 means the company can pay off €0.43 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Beyond Meat Inc:

  • The MRQ is 0.427. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.629. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.427TTM0.629-0.203
TTM0.629YOY0.516+0.114
TTM0.6295Y0.613+0.017
5Y0.61310Y0.6130.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4270.554-0.127
TTM0.6290.567+0.062
YOY0.5160.608-0.092
5Y0.6130.704-0.091
10Y0.6130.733-0.120

1.4. Solvency of Beyond Meat Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Beyond Meat Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Beyond Meat Inc to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 1.66 means that Beyond Meat Inc assets are financed with 166.3% credit (debt) and the remaining percentage (100% - 166.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Beyond Meat Inc:

  • The MRQ is 1.663. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.405. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.663TTM1.405+0.258
TTM1.405YOY1.081+0.324
TTM1.4055Y0.809+0.596
5Y0.80910Y0.8090.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6630.485+1.178
TTM1.4050.490+0.915
YOY1.0810.481+0.600
5Y0.8090.486+0.323
10Y0.8090.493+0.316
1.4.2. Debt to Equity Ratio

Measures if Beyond Meat Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 0.0% means that company has €0.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Beyond Meat Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY7.647-7.647
TTM-5Y3.154-3.154
5Y3.15410Y3.1540.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.950-0.950
TTM-0.960-0.960
YOY7.6470.939+6.708
5Y3.1540.997+2.157
10Y3.1541.076+2.078

2. Market Valuation of Beyond Meat Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Beyond Meat Inc generates.

  • Above 15 is considered overpriced but always compare Beyond Meat Inc to the Packaged Foods industry mean.
  • A PE ratio of -0.87 means the investor is paying €-0.87 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Beyond Meat Inc:

  • The EOD is -0.674. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.866. Based on the earnings, the company is expensive. -2
  • The TTM is -2.912. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.674MRQ-0.866+0.192
MRQ-0.866TTM-2.912+2.046
TTM-2.912YOY-4.243+1.332
TTM-2.9125Y-115.669+112.757
5Y-115.66910Y-115.6690.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-0.67413.414-14.088
MRQ-0.86612.772-13.638
TTM-2.91214.017-16.929
YOY-4.24312.714-16.957
5Y-115.66916.330-131.999
10Y-115.66919.121-134.790
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Beyond Meat Inc:

  • The EOD is -3.424. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.398. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 1.602. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-3.424MRQ-4.398+0.974
MRQ-4.398TTM1.602-6.000
TTM1.602YOY-4.054+5.656
TTM1.6025Y-28.132+29.734
5Y-28.13210Y-28.1320.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-3.4243.144-6.568
MRQ-4.3982.852-7.250
TTM1.6021.711-0.109
YOY-4.0540.425-4.479
5Y-28.1321.378-29.510
10Y-28.1321.375-29.507
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Beyond Meat Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of -1.05 means the investor is paying €-1.05 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Beyond Meat Inc:

  • The EOD is -0.815. Based on the equity, the company is expensive. -2
  • The MRQ is -1.047. Based on the equity, the company is expensive. -2
  • The TTM is -2.378. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.815MRQ-1.047+0.232
MRQ-1.047TTM-2.378+1.331
TTM-2.378YOY7.582-9.960
TTM-2.3785Y14.355-16.733
5Y14.35510Y14.3550.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-0.8151.464-2.279
MRQ-1.0471.462-2.509
TTM-2.3781.462-3.840
YOY7.5821.760+5.822
5Y14.3551.856+12.499
10Y14.3552.419+11.936
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Beyond Meat Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---2.186-1.125-49%-1.221-44%-0.414-81%-0.414-81%
Book Value Per Share---7.459-5.189-30%-1.281-83%1.104-776%1.104-776%
Current Ratio--5.0147.307-31%8.059-38%9.135-45%9.135-45%
Debt To Asset Ratio--1.6631.405+18%1.081+54%0.809+106%0.809+106%
Debt To Equity Ratio----0%7.647-100%3.154-100%3.154-100%
Dividend Per Share----0%-0%-0%-0%
Eps---2.254-1.208-46%-1.330-41%-0.751-67%-0.751-67%
Free Cash Flow Per Share---0.444-0.430-3%-1.429+222%-0.953+115%-0.953+115%
Free Cash Flow To Equity Per Share---0.446-0.432-3%-1.428+220%-0.026-94%-0.026-94%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---50.770--------
Intrinsic Value_10Y_min---43.814--------
Intrinsic Value_1Y_max---4.675--------
Intrinsic Value_1Y_min---4.591--------
Intrinsic Value_3Y_max---14.360--------
Intrinsic Value_3Y_min---13.703--------
Intrinsic Value_5Y_max---24.425--------
Intrinsic Value_5Y_min---22.644--------
Market Cap393108629.400-28%504871003.800703494992.100-28%1498071791.925-66%4148966151.783-88%4148966151.783-88%
Net Profit Margin---2.105-1.051-50%-0.912-57%-0.557-74%-0.557-74%
Operating Margin----0.3630%-0.8080%-0.3590%-0.3590%
Operating Ratio--5.3213.353+59%2.873+85%2.437+118%2.437+118%
Pb Ratio-0.815+22%-1.047-2.378+127%7.582-114%14.355-107%14.355-107%
Pe Ratio-0.674+22%-0.866-2.912+236%-4.243+390%-115.669+13258%-115.669+13258%
Price Per Share6.078-28%7.80610.877-28%23.162-66%64.149-88%64.149-88%
Price To Free Cash Flow Ratio-3.424+22%-4.3981.602-374%-4.054-8%-28.132+540%-28.132+540%
Price To Total Gains Ratio-2.780+22%-3.571-12.906+261%-18.538+419%-317.253+8785%-317.253+8785%
Quick Ratio--0.4270.629-32%0.516-17%0.613-30%0.613-30%
Return On Assets---0.200-0.098-51%-0.077-61%-0.052-74%-0.052-74%
Return On Equity----0%-0.6130%-0.2020%-0.2020%
Total Gains Per Share---2.186-1.125-49%-1.221-44%-0.414-81%-0.414-81%
Usd Book Value---513382754.196-357141763.959-30%-88140533.086-83%75966405.434-776%75966405.434-776%
Usd Book Value Change Per Share---2.326-1.198-49%-1.299-44%-0.441-81%-0.441-81%
Usd Book Value Per Share---7.938-5.522-30%-1.363-83%1.175-776%1.175-776%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---2.398-1.286-46%-1.415-41%-0.799-67%-0.799-67%
Usd Free Cash Flow---30540877.720-29598100.625-3%-98387827.585+222%-58292730.840+91%-58292730.840+91%
Usd Free Cash Flow Per Share---0.472-0.458-3%-1.521+222%-1.014+115%-1.014+115%
Usd Free Cash Flow To Equity Per Share---0.475-0.460-3%-1.520+220%-0.028-94%-0.028-94%
Usd Market Cap418346203.407-28%537283722.244748659370.593-28%1594248000.967-66%4415329778.728-88%4415329778.728-88%
Usd Price Per Share6.468-28%8.30711.575-28%24.649-66%68.267-88%68.267-88%
Usd Profit---155114457.861-84538429.565-45%-91536880.694-41%-51973215.890-66%-51973215.890-66%
Usd Revenue--73681117.53485846467.157-14%104736260.034-30%101349246.027-27%101349246.027-27%
Usd Total Gains Per Share---2.326-1.198-49%-1.299-44%-0.441-81%-0.441-81%
 EOD+2 -6MRQTTM+3 -27YOY+10 -215Y+7 -2410Y+7 -24

3.2. Fundamental Score

Let's check the fundamental score of Beyond Meat Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.674
Price to Book Ratio (EOD)Between0-1-0.815
Net Profit Margin (MRQ)Greater than0-2.105
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.427
Current Ratio (MRQ)Greater than15.014
Debt to Asset Ratio (MRQ)Less than11.663
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.200
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Beyond Meat Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.442
Ma 20Greater thanMa 507.031
Ma 50Greater thanMa 1007.018
Ma 100Greater thanMa 2007.196
OpenGreater thanClose6.202
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets774,450
Total Liabilities1,287,818
Total Stockholder Equity-513,368
 As reported
Total Liabilities 1,287,818
Total Stockholder Equity+ -513,368
Total Assets = 774,450

Assets

Total Assets774,450
Total Current Assets372,844
Long-term Assets401,606
Total Current Assets
Cash And Cash Equivalents 190,505
Net Receivables 31,730
Inventory 130,336
Other Current Assets 12,904
Total Current Assets  (as reported)372,844
Total Current Assets  (calculated)365,475
+/- 7,369
Long-term Assets
Property Plant Equipment 386,141
Long Term Investments 1,673
Long-term Assets Other 13,792
Long-term Assets  (as reported)401,606
Long-term Assets  (calculated)401,606
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities74,354
Long-term Liabilities1,213,464
Total Stockholder Equity-513,368
Total Current Liabilities
Accounts payable 56,032
Total Current Liabilities  (as reported)74,354
Total Current Liabilities  (calculated)56,032
+/- 18,322
Long-term Liabilities
Long term Debt 1,137,542
Capital Lease Obligations Min Short Term Debt79,599
Long-term Liabilities  (as reported)1,213,464
Long-term Liabilities  (calculated)1,217,141
+/- 3,677
Total Stockholder Equity
Total Stockholder Equity (as reported)-513,368
Total Stockholder Equity (calculated)0
+/- 513,368
Other
Capital Stock6
Common Stock Shares Outstanding 64,624
Net Debt 947,037
Net Invested Capital 624,174
Net Working Capital 298,490
Property Plant and Equipment Gross 478,346



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
454,841
451,923
491,633
517,974
486,637
468,006
1,475,519
1,466,520
1,432,374
1,379,399
1,294,510
1,218,109
1,141,287
1,062,224
986,577
968,585
929,208
774,450
774,450929,208968,585986,5771,062,2241,141,2871,218,1091,294,5101,379,3991,432,3741,466,5201,475,519468,006486,637517,974491,633451,923454,841
   > Total Current Assets 
418,945
403,594
415,943
429,343
390,929
332,226
1,324,982
1,264,082
1,153,122
1,052,048
917,297
819,510
695,980
606,459
547,055
497,441
471,623
372,844
372,844471,623497,441547,055606,459695,980819,510917,2971,052,0481,153,1221,264,0821,324,982332,226390,929429,343415,943403,594418,945
       Cash And Cash Equivalents 
312,451
275,988
246,410
222,334
214,615
159,127
1,125,017
1,009,337
886,442
733,294
547,858
454,674
390,176
309,922
258,566
210,781
217,545
190,505
190,505217,545210,781258,566309,922390,176454,674547,858733,294886,4421,009,3371,125,017159,127214,615222,334246,410275,988312,451
       Net Receivables 
34,482
40,080
36,333
49,386
32,160
38,375
39,853
67,369
48,849
43,806
52,675
77,154
34,949
34,198
42,395
50,821
35,763
31,730
31,73035,76350,82142,39534,19834,94977,15452,67543,80648,84967,36939,85338,37532,16049,38636,33340,08034,482
       Inventory 
60,270
81,596
120,702
143,033
132,359
121,717
145,524
165,746
193,490
241,870
283,754
254,653
246,987
235,696
222,370
207,138
194,570
130,336
130,336194,570207,138222,370235,696246,987254,653283,754241,870193,490165,746145,524121,717132,359143,033120,70281,59660,270
   > Long-term Assets 
35,896
48,329
75,690
88,631
95,708
135,780
150,537
202,438
279,252
327,351
377,213
398,599
445,307
455,765
439,522
471,144
457,585
401,606
401,606457,585471,144439,522455,765445,307398,599377,213327,351279,252202,438150,537135,78095,70888,63175,69048,32935,896
       Property Plant Equipment 
35,050
47,474
74,189
84,079
90,738
129,869
146,032
172,121
222,734
253,304
267,081
283,539
431,463
430,069
414,309
447,393
438,724
386,141
386,141438,724447,393414,309430,069431,463283,539267,081253,304222,734172,121146,032129,86990,73884,07974,18947,47435,050
       Long Term Investments 
0
0
0
0
0
0
0
0
0
8,023
7,353
5,920
7,174
2,325
2,340
1,837
1,711
1,673
1,6731,7111,8372,3402,3257,1745,9207,3538,023000000000
       Other Assets 
846
855
1,501
4,552
4,970
5,911
4,505
30,317
56,518
66,024
102,779
109,140
87,203
108,843
0
82,708
77,830
0
077,83082,7080108,84387,203109,140102,77966,02456,51830,3174,5055,9114,9704,5521,501855846
> Total Liabilities 
78,013
67,833
99,652
128,064
107,237
100,909
1,211,472
1,211,039
1,225,269
1,246,904
1,253,529
1,266,050
1,283,331
1,265,772
1,239,711
1,267,703
1,292,114
1,287,818
1,287,8181,292,1141,267,7031,239,7111,265,7721,283,3311,266,0501,253,5291,246,9041,225,2691,211,0391,211,472100,909107,237128,06499,65267,83378,013
   > Total Current Liabilities 
56,192
47,697
71,983
66,275
45,657
88,967
73,109
71,499
74,292
94,189
100,991
109,527
90,676
75,841
59,917
54,644
78,858
74,354
74,35478,85854,64459,91775,84190,676109,527100,99194,18974,29271,49973,10988,96745,65766,27571,98347,69756,192
       Short Long Term Debt 
9,087
11,000
14,094
0
0
25,000
0
0
0
0
0
0
0
0
0
0
0
0
00000000000025,0000014,09411,0009,087
       Accounts payable 
38,348
26,923
48,219
51,567
30,531
53,071
51,456
49,951
45,387
69,040
67,387
74,430
68,676
55,300
41,131
39,508
61,861
56,032
56,03261,86139,50841,13155,30068,67674,43067,38769,04045,38749,95151,45653,07130,53151,56748,21926,92338,348
       Other Current Liabilities 
700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000700
   > Long-term Liabilities 
21,821
20,136
27,669
61,789
61,580
11,942
1,138,363
1,139,540
1,150,977
1,152,715
1,152,538
1,156,523
1,192,655
1,189,931
1,179,794
1,213,059
1,213,256
1,213,464
1,213,4641,213,2561,213,0591,179,7941,189,9311,192,6551,156,5231,152,5381,152,7151,150,9771,139,5401,138,36311,94261,58061,78927,66920,13621,821
       Long term Debt 
21,425
19,569
16,532
50,000
50,000
0
1,126,723
1,127,707
1,128,690
1,129,674
1,130,657
1,131,641
1,132,624
1,133,608
1,134,591
1,135,575
1,136,558
1,137,542
1,137,5421,136,5581,135,5751,134,5911,133,6081,132,6241,131,6411,130,6571,129,6741,128,6901,127,7071,126,723050,00050,00016,53219,56921,425
       Capital Lease Obligations Min Short Term Debt
426
639
12,838
14,228
14,133
15,108
14,926
15,668
26,432
27,681
26,518
29,687
64,842
60,135
48,163
80,611
79,781
79,599
79,59979,78180,61148,16360,13564,84229,68726,51827,68126,43215,66814,92615,10814,13314,22812,838639426
       Other Liabilities 
0
348
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000003480
       Deferred Long Term Liability 
0
0
0
0
0
0
0
26,578
0
0
0
0
0
0
0
0
0
0
000000000026,5780000000
> Total Stockholder Equity
376,828
384,090
391,981
389,910
379,400
367,097
264,047
255,481
207,105
132,495
40,981
-47,941
-142,044
-203,548
-253,134
-299,118
-362,906
-513,368
-513,368-362,906-299,118-253,134-203,548-142,044-47,94140,981132,495207,105255,481264,047367,097379,400389,910391,981384,090376,828
   Common Stock
6
6
6
6
6
6
6
6
6
6
6
6
6
6
0
6
6
0
066066666666666666
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
-167
478
1,748
490
1,050
10
-553
-1,276
-3,535
-5,207
-4,802
0
-4,957
-4,696
0
0-4,696-4,9570-4,802-5,207-3,535-1,276-553101,0504901,748478-167000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue343,376
Cost of Revenue-426,031
Gross Profit-82,655-82,655
 
Operating Income (+$)
Gross Profit-82,655
Operating Expense-685,905
Operating Income-342,529-768,560
 
Operating Expense (+$)
Research Development39,530
Selling General Administrative220,344
Selling And Marketing Expenses-
Operating Expense685,905259,874
 
Net Interest Income (+$)
Interest Income-
Interest Expense-3,955
Other Finance Cost-0
Net Interest Income-3,955
 
Pretax Income (+$)
Operating Income-342,529
Net Interest Income-3,955
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-334,237-354,776
EBIT - interestExpense = -3,955
-338,144
-334,189
Interest Expense3,955
Earnings Before Interest and Taxes (EBIT)--330,282
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-334,237
Tax Provision-5
Net Income From Continuing Ops-338,144-334,242
Net Income-338,144
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net12,2473,955
 

Technical Analysis of Beyond Meat Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Beyond Meat Inc. The general trend of Beyond Meat Inc is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Beyond Meat Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Beyond Meat Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 6.802 < 7.94 < 8.192.

The bearish price targets are: 5.576 > 5.243.

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Beyond Meat Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Beyond Meat Inc. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Beyond Meat Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Beyond Meat Inc. The current macd is -0.2607331.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Beyond Meat Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Beyond Meat Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Beyond Meat Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Beyond Meat Inc Daily Moving Average Convergence/Divergence (MACD) ChartBeyond Meat Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Beyond Meat Inc. The current adx is 16.56.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Beyond Meat Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Beyond Meat Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Beyond Meat Inc. The current sar is 6.89681487.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Beyond Meat Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Beyond Meat Inc. The current rsi is 33.44. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Beyond Meat Inc Daily Relative Strength Index (RSI) ChartBeyond Meat Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Beyond Meat Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Beyond Meat Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Beyond Meat Inc Daily Stochastic Oscillator ChartBeyond Meat Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Beyond Meat Inc. The current cci is -172.85596537.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Beyond Meat Inc Daily Commodity Channel Index (CCI) ChartBeyond Meat Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Beyond Meat Inc. The current cmo is -52.97407112.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Beyond Meat Inc Daily Chande Momentum Oscillator (CMO) ChartBeyond Meat Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Beyond Meat Inc. The current willr is -97.38493724.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Beyond Meat Inc Daily Williams %R ChartBeyond Meat Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Beyond Meat Inc.

Beyond Meat Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Beyond Meat Inc. The current atr is 0.38836376.

Beyond Meat Inc Daily Average True Range (ATR) ChartBeyond Meat Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Beyond Meat Inc. The current obv is -296,442.

Beyond Meat Inc Daily On-Balance Volume (OBV) ChartBeyond Meat Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Beyond Meat Inc. The current mfi is 24.70.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Beyond Meat Inc Daily Money Flow Index (MFI) ChartBeyond Meat Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Beyond Meat Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-24 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-22 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-11 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-28 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-06 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-26 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-03 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-10 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Beyond Meat Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Beyond Meat Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.442
Ma 20Greater thanMa 507.031
Ma 50Greater thanMa 1007.018
Ma 100Greater thanMa 2007.196
OpenGreater thanClose6.202
Total2/5 (40.0%)
Penke

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