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Beyond Meat Skyrockets in Debut

IPO excitement is in full swing with Beyond Meat debuting with a 150% gain. Last week the company said it would price shares shares between $19 and $21, today it trades at $71.<br><br>This was the biggest IPO for a US company of a market cap of over $200 million since the dot-com bubble. The company plans to use proceeds from the IPO to expand US operations, establish European and Asian manufacturing centers as well as expand marketing efforts. <br>For Stock Market News & Analysis, visit Smart Money Gains.<br>

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Beyond Meat Skyrockets in Debut

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  1. Beyond MeatSkyrockets in Debut By SmartMoneyGains

  2. Is this the investors throwing money at the next best thing or is it worthy of your attention? IPO excitement is in full swing with Beyond Meat debuting with a 150% gain. Last week the company said it would price shares shares between $19 and $21, today it trades at $71. This was the biggest IPO for a US company of a market cap of over $200 million since the dot-com bubble. The company plans to use proceeds from the IPO to expand US operations, establish European and Asian manufacturing centers as well as expand marketing efforts. For Stock Market News & Analysis, visit Smart Money Gains.

  3. Company Overview NASDAQ: BYND Revenue Growth: 170% Market Cap: $4.11B Net Loss: $30M Revenue: $87.9M

  4. Company Overview The company makes meatless alternatives to beef, pork and poultry and is hoping to capture market share from traditional meat companies. Their most popular product the Beyond Burger is available in 11,000 grocery stores and a Canadian fast food chain A&W. Their products are made primarily of yellow peas and beet juice to mimic the “bleeding” of a meat burger. For Stock Market Analysis, visit Smart Money Gains. The company is hoping that the alternative meat category becomes a multibillion-dollar market. It seems that is certainly possible since US non-dairy milk sales grew 61% over the last 5 years and consumers are becoming much more health-conscious.

  5. P/S Ratio: 44 ADD YOUR TEXT 79% Vestibulum ante ipsum primis in faucibus orci luctus et ultrices ADD YOUR TEXT 71% Vestibulum ante ipsum primis in faucibus orci luctus et ultrices ADD YOUR TEXT 69% Vestibulum ante ipsum primis in faucibus orci luctus et ultrices TEXT HERE ADD YOUR TEXT 61% Vestibulum ante ipsum primis in faucibus orci luctus et ultrices ADD YOUR TEXT 48% Vestibulum ante ipsum primis in faucibus orci luctus et ultrices ADD YOUR TEXT 38% Vestibulum ante ipsum primis in faucibus orci luctus et ultrices

  6. Have we Hit Peak Greed There are several warning factors that investors should keep in mind. The company’s products are more expensive than their conventional competitors. If operational costs are not lowered the company may not be able to capture market share. Lowering costs will however result in lower profitability and this double edged sword will surely affect the long term prospects of the stock. Traditional food companies can also acquire plant-based food competitors and offer this kind of product at scale. Tyson foods has $1.7B in free cash flow that they can deploy and with their distribution and industry connections the company can scale much more quickly. Beyond Meat has grown its revenue immensely year over year but still achieved a net loss of $22M. Tyson foods on the other hand generated $541 million. The PS ratio of Beyond Meat sits at 44 while Tyson Foods is at a mere 0.69. Supply Chain issues can also stifle the growth of the company. Beyond Meat has experienced supply interruptions in the past. The price of Pea Protein is vulnerable to bad weather, harvests and to top it all off BYNG has only one supplier.

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