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

Beyond Meat (NASDAQ:BYND) is anticipated 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 interested in participating in the company’s conference call can do so using this link.

Beyond Meat Stock Performance

Shares of NASDAQ:BYND opened at $4.02 on Monday. Beyond Meat has a one year low of $3.30 and a one year high of $12.12. The stock has a fifty day moving average of $3.87 and a 200-day moving average of $5.19. The company has a market capitalization of $262.10 million, a PE ratio of -0.96 and a beta of 2.31.

Insider Activity

In related news, insider Ethan Brown sold 313,000 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $3.75, for a total transaction of $1,173,750.00. Following the completion of the sale, the insider now directly owns 1,703,288 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 8.60% of the company’s stock.

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.