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Beyond Meat (BYND) Catches Eye: Stock Jumps 8.4%
Beyond Meat, Inc. (BYND - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 44.8% in the past one-month time frame.
The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Beyond Meat currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Beyond Meat, Inc. Price
Beyond Meat, Inc. price | Beyond Meat, Inc. Quote
Investors interested in the Food – Miscellaneous industry may consider US Foods Holding Corp. (USFD - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is BYND going up? Or down? Predict to see what others think: Up or Down
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