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2 Beyond Meat Analysts Offer Insights On Q4 Print Which Was 'Largely As Expected'
Friday, February 24, 2023 - 12:49pm | 308Shares of Beyond Meat Inc (NASDAQ: BYND) spiked in Friday’s early session, after the company reported quarterly earnings. The El Segundo, California-based reported a quarterly loss of $1.05 per share, higher than the estimates of a loss of $1.15 per share. Here's how analysts reacted....
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Beyond Meat Lacks Sizzle: 3 Analysts Discuss Earnings Miss, 'Daunting' Recovery
Thursday, November 10, 2022 - 12:02pm | 475Beyond Meat Inc (NASDAQ: BYND) recently reported a wider-than-expected loss on disappointing revenues for the third quarter. However, the stock recovered on earnings, following a surge in short interest. Here are three analyst takes: Mizuho Securities's John Baumgartner reiterated a Neutral...
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Why These Beyond Meat Analysts Are Barbecuing Price Targets After $100M Q1 Loss: 'Lower Likelihood Of Disruption'
Thursday, May 12, 2022 - 2:34pm | 523Beyond Meat Inc (NASDAQ: BYND) shares traded higher Thursday before moving lower in the afternoon, and remain down 56.6% year-to-date after the company reported a larger-than-expected first-quarter net loss following the launch of its new plant-based jerky. On Wednesday, Beyond Meat reported a...
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Why These Analysts Cut Beyond Meat's Price Target
Friday, February 25, 2022 - 11:41am | 301Beyond Meat Inc (NASDAQ: BYND) reported a higher than the expected loss per share for the fourth quarter due to rising costs. Mizuho On Beyond Meat: John Baumgartner maintained a Neutral rating for the stock while lowering the price target from $59 to $45. The company’s “big EBITDA miss...
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These Analysts Aren't Supporting Beyond Meat's Stock Surge
Wednesday, May 6, 2020 - 2:15pm | 653Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported first-quarter results, highlighted by an earnings beat and a swing to profit. While investors appear to be impressed with the print, multiple Street analysts remain bearish. The Beyond Meat Analysts Wells Fargo analyst John Baumgartner...
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Wells Fargo Says Beyond Meat Is Overcooked, Downgrades Stock
Friday, May 1, 2020 - 12:58pm | 347Beyond Meat (NASDAQ: BYND) could prove to be an unfortunate victim of the coronavirus (COVID-19), which will impact the plant-based food industry moving forward, according to Wells Fargo. The Beyond Meat Analyst John Baumgartner downgraded Beyond Meat's stock from Equal-Weight to Underweight...
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Wells Fargo Analyst Says Beyond Meat's Stock Has Downside To $72
Thursday, January 16, 2020 - 3:44pm | 391Beyond Meat Inc's (NASDAQ: BYND) stock has downside potential of more than 30%, Wells Fargo analyst John Baumgartner said Thursday in a CNBC interview. Beyond Meat's stock recently moved north of $100 per share amid three favorable news reports, Baumgartner said. They are: Beyond...
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These Analysts Love BellRing Brands
Monday, November 11, 2019 - 4:00pm | 622BellRing Brands Inc (NYSE: BRBR) is a nutrition products company known for its ready-to-drink protein shakes and was born out of the separation of Post Holdings Inc (NYSE: POST). On Monday, multiple analysts initiated coverage of BellRing's stock with a mostly positive bias. The Analysts Credit...
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Analysts Slice Beyond Meat Price Targets Ahead Of Share Lockup Expiration
Tuesday, October 29, 2019 - 12:28pm | 716Investors are losing their appetite for Beyond Meat Inc (NASDAQ: BYND) even after the company posted a profitable first quarter. Shares plunged more than 23% Monday and were falling nearly 20% as of midday Tuesday. The company's lockup period expired Tuesday, allowing early investors to...
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Wells Fargo Is Cautious On Beyond Meat's Stock As Competition Rises
Monday, October 14, 2019 - 9:48am | 439Beyond Meat Inc (NASDAQ: BYND) might look tasty with its growth in retail sales and consumer channels, but one analyst isn’t yet ready to order. The Rating Wells Fargo analyst John Baumgartner initiated coverage with a Market Perform rating and a $125 price target. The Thesis While many...
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A Bitter Taste: Kraft Heinz Struggles To Gain Support
Friday, August 9, 2019 - 2:25pm | 766Kraft Heinz Co (NASDAQ: KHC) caught some investors off guard Thursday by delaying its second-quarter results and acknowledging there is "significant work ahead." Shares of Kraft hit a new all-time low and the selling momentum carried over to Friday's session. Multiple analysts offered...
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What To Expect From Campbell Soup's Investor Day
Wednesday, June 12, 2019 - 3:39pm | 441Campbell Soup Company (NYSE: CPB) is scheduled to host an investor day presentation on Thursday. The Analysts Wells Fargo's John Baumgartner maintains a Market Perform rating on Campbell Soup with an unchanged $41 price target. UBS' Steven Strycula maintains at Sell, $36 price target. Wells...
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Wells Fargo Raises Post Holdings Price Target After Q1 Beat
Monday, February 4, 2019 - 11:22am | 386Post Holdings Inc (NYSE: POST) reported first-quarter revenue and EBITDA that were ahead of expectations Thursday and raised its FY19 guidance. The results highlight resilience, with a combination of stable cereal sales from value consumers and incremental growth from premium licensed brands,...
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Wells Fargo Encouraged With Bob Evans Brand After Meeting With Post Management
Wednesday, December 19, 2018 - 11:42am | 314Post Holdings Inc (NYSE: POST) is progressing well with its latest acquisitions and its cereal execution remains strong, according to Wells Fargo. The Analyst Wells Fargo’s John Baumgartner maintains an Outperform rating on Post Holdings with a $114 price target. The Thesis An investor...
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Hain Celestial Has An Activist: How The Narrative Changes Now
Friday, June 30, 2017 - 11:44am | 585Activist investor Engaged Capital announced a 9.9 percent stake in Hain Celestial Group Inc (NASDAQ: HAIN). The investment firm said in the filing that the shares are the company were undervalued and represented an attractive investment opportunity. Engaging With Hain Wells Fargo termed the stake...