Beyond Meat (BYND)’s EPS growth Analysis:
Beyond Meat (BYND) expected to achieve earnings per share (EPS) growth of -60.70% for this year while EPS growth projected to touch 7.00% for next year. The company reported EPS (ttm) of -0.51.
To gauge your chances of picking a winning stock, take a close look at its fundamentals, especially its earnings-per-share growth. Earnings per share are calculated by dividing a company’s net income by its number of shares outstanding. Stocks with high EPS growth rates compared with year-ago levels suggest a company has products or services in strong demand.
It’s even better if the EPS growth rate has been accelerating in recent quarters and years. Strong earnings growth is essential to a stock’s success and has the greatest impact on its future price performance. Stock with the highest EPSGR rises fastest in that year as compared to its competitors in the same industry. High growth rates in EPS are more reliable in the case of ‘matured companies’ which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run.
Beyond Meat (BYND) year-to-date (YTD) performance stood at 46.25%. The stock price moved with change of -8.64% to its 50 Day low point and changed 113.69% comparing to its 50 Day high point. BYND stock is currently showing up return of 20.70% throughout last week and witnessed bullish return of 46.25% in one month period.
The recent session unveiled a 113.69% positive lead over its 52-week stock price low and showed negative move of -8.64% over its 52-week high stock price. The stock price volatility remained at 12.31% in recent month and reaches at 10.20% for the week. The Average True Range (ATR) is also a measure of volatility is currently sitting at 10.62.
Analysis of Simple Moving Average:
The Simple Moving Average is arguably the most popular technical analysis tool used by traders. The Simple Moving Average (SMA) is often used to identify trend direction, but can be used to generate potential buy and sell signals.
When price is in an uptrend and subsequently, the moving average is in an uptrend, and the moving average has been tested by price and price has bounced off the moving average a few times (i.e. the moving average is serving as a support line), then a trader might buy on the next pullbacks back to the Simple Moving Average.
At times when price is in a downtrend and the moving average is in a downtrend as well, and price tests the SMA above and is rejected a few consecutive times (i.e. the moving average is serving as a resistance line), then a trader might sell on the next rally up to the Simple Moving Average.
Beyond Meat (BYND) stock price performed at a change of 17.62% from 20 day SMA and stands at a distance of 18.73% away from 50 day SMA. At present time the stock is moving 18.73% away to its 200-day moving average.
Beyond Meat is a part of Consumer Goods sector and belongs to Processed & Packaged Goods industry. Beyond Meat (BYND) finalized the Monday at price of $96.16 after traded 8024073 shares. The average volume was noted at 9653.78K shares while its relative volume was seen at 0.83. Volume is an important technical analysis tool to learn and understand how to apply to price movements. Volume increases every time a buyer and seller transact their stock or futures contract. If a buyer buys one share of stock from a seller, then that one share is added to the total volume of that particular stock. Volume has two major premises:
When prices rise or fall, an increase in volume acts as confirmation that the rise or fall in price is real and that the price movement had strength. When prices rise or fall and there is a decrease in volume, then this might be interpreted as being a weak price move, because the price move had very little strength and interest from traders.
Beyond Meat (BYND) reported fall change of -7.65% in last trading session. It is a positive indicator for investor portfolio value — when the price of a stock Investor owns goes up in value. On the other side it is not a negative indicator for Investor portfolio value — when the price of a stock Investor owns moves down in value.
In the liquidity ratio analysis; current ratio was 4.1 . The return on investment ratio was 30.80%. Price to sales ratio was 65.74 . Insider investors hold stake of 5.30%.
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