WHGLY - Beyond Meat: Losing Money And Still Overvalued Relative To Its Peers
- BYND is no longer growing at a torrid pace, yet it continues to sport valuations that are multiples of its peers.
- Particularly worrisome is the fact that BYND is unprofitable while all of its public competitors are comfortably profitable.
- BYND loses about $75,000 per employee per year. This fact combined with continued pressures on margins and pricing may preclude BYND from ever becoming profitable.
- Should BYND eventually trade in line with its peers, the stock price would have a long ways to fall.
For further details see:
Beyond Meat: Losing Money And Still Overvalued Relative To Its Peers