Beyond Meat, Inc. (NASDAQ:BYND) 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
Investors interested in the Food – Miscellaneous industry may consider US Foods Holding Corp. (NYSE:USFD) , 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
Free: Zacks’ Single Best Stock Set to Double
Today you are invited to download our just-released Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
Download Free Report Now >>
US Foods Holding Corp. (USFD): Free Stock Analysis Report
Beyond Meat, Inc. (BYND): Free Stock Analysis Report
Original post