Beyond Meat (BYND) Competitors and Alternatives 2023 (2024)

BYND vs. OTLY, VITL, BGS, HAIN, AFRI, CRESY, STKL, LVRO, BIOX, and MED

Should you be buying Beyond Meat stock or one of its competitors? The main competitors of Beyond Meat include Oatly Group (OTLY), Vital Farms (VITL), B&G Foods (BGS), The Hain Celestial Group (HAIN), Forafric Global (AFRI), Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY), SunOpta (STKL), Lavoro (LVRO), Bioceres Crop Solutions (BIOX), and Medifast (MED). These companies are all part of the "consumer staples" sector.

Beyond Meat vs.

Beyond Meat (NASDAQ:BYND) and Oatly Group (NASDAQ:OTLY) are both small-cap consumer staples companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, media sentiment, institutional ownership, risk, valuation, dividends, community ranking and profitability.

Beyond Meat presently has a consensus target price of $7.88, suggesting a potential downside of 14.96%. Oatly Group has a consensus target price of $2.68, suggesting a potential upside of 124.55%. Given Oatly Group's stronger consensus rating and higher possible upside, analysts clearly believe Oatly Group is more favorable than Beyond Meat.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Beyond Meat

6 Sell rating(s)

2 Hold rating(s)

0 Buy rating(s)

0 Strong Buy rating(s)

1.25
Oatly Group

1 Sell rating(s)

3 Hold rating(s)

4 Buy rating(s)

0 Strong Buy rating(s)

2.38

Beyond Meat received 141 more outperform votes than Oatly Group when rated by MarketBeat users. Likewise, 46.17% of users gave Beyond Meat an outperform vote while only 42.11% of users gave Oatly Group an outperform vote.

Oatly Group has a net margin of -31.43% compared to Beyond Meat's net margin of -71.47%. Beyond Meat's return on equity of 0.00% beat Oatly Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Beyond Meat-71.47% N/A -25.33%
Oatly Group -31.43%-35.66%-18.66%

In the previous week, Beyond Meat had 1 more articles in the media than Oatly Group. MarketBeat recorded 3 mentions for Beyond Meat and 2 mentions for Oatly Group. Oatly Group's average media sentiment score of 0.66 beat Beyond Meat's score of -0.01 indicating that Oatly Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Beyond Meat

0 Very Positive mention(s)

0 Positive mention(s)

2 Neutral mention(s)

1 Negative mention(s)

0 Very Negative mention(s)

Neutral
Oatly Group

1 Very Positive mention(s)

0 Positive mention(s)

1 Neutral mention(s)

0 Negative mention(s)

0 Very Negative mention(s)

Positive

38.2% of Beyond Meat shares are held by institutional investors. Comparatively, 21.4% of Oatly Group shares are held by institutional investors. 7.9% of Beyond Meat shares are held by company insiders. Comparatively, 1.7% of Oatly Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Beyond Meat has higher earnings, but lower revenue than Oatly Group. Beyond Meat is trading at a lower price-to-earnings ratio than Oatly Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Beyond Meat$418.93M1.42-$366.14M-$3.89-2.37
Oatly Group$774.30M0.91-$392.57M-$0.56-2.13

Beyond Meat has a beta of 2.28, meaning that its share price is 128% more volatile than the S&P 500. Comparatively, Oatly Group has a beta of 2.19, meaning that its share price is 119% more volatile than the S&P 500.

Summary

Beyond Meat and Oatly Group tied by winning 9 of the 18 factors compared between the two stocks.

Beyond Meat (BYND) Competitors and Alternatives 2023 (1)

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BYND and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.

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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.

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BYND vs. The Competition

MetricBeyond MeatFood & kindred products IndustryStaples SectorNASDAQ Exchange
Market Cap$594.41M$16.95B$14.34B$6.99B
Dividend YieldN/A3.58%2.90%4.10%
P/E Ratio-2.379.8124.8913.48
Price / Sales1.427.0411.0963.54
Price / CashN/A19.0628.6250.60
Price / Book-2.892.595.804.46
Net Income-$366.14M$546.03M$663.86M$176.88M
7 Day Performance-11.70%-5.64%-0.53%2.04%
1 Month Performance38.08%2.62%2.60%6.59%
1 Year Performance-30.12%-4.09%5.60%14.72%

Beyond Meat Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)

Beyond Meat (BYND) Competitors and Alternatives 2023 (2)

OTLY

Oatly Group

1.85 of 5 stars$1.11
-2.6%
$2.68
+141.7%
-5.2%$659.63M$722.24M-1.982,009

Beyond Meat (BYND) Competitors and Alternatives 2023 (3)

VITL

Vital Farms

2.1357 of 5 stars$15.06
-0.5%
$18.14
+20.5%
-1.7%$626.50M$362.05M33.47368

Beyond Meat (BYND) Competitors and Alternatives 2023 (4)

BGS

B&G Foods

1.1095 of 5 stars$10.26
+0.3%
$9.17
-10.7%
-11.2%$806.64M$2.16B-18.003,085

Beyond Meat (BYND) Competitors and Alternatives 2023 (5)

HAIN

The Hain Celestial Group

2.71 of 5 stars$10.48
+5.2%
$15.33
+46.3%
-32.2%$940.15M$1.78B-6.992,837News Coverage

Beyond Meat (BYND) Competitors and Alternatives 2023 (6)

AFRI

Forafric Global

0 of 5 stars$10.96
-1.3%
N/A-8.7%$623.41M$289.77M0.00750

Beyond Meat (BYND) Competitors and Alternatives 2023 (7)

CRESY

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

0 of 5 stars$9.81
+8.0%
N/A+61.6%$582.13M$825.69M2.102,706Positive News
High Trading Volume

Beyond Meat (BYND) Competitors and Alternatives 2023 (8)

STKL

SunOpta

1.7309 of 5 stars$4.79
+0.8%
$8.80
+83.9%
-35.4%$565.48M$951.73M-3.371,453News Coverage
Gap Up

Beyond Meat (BYND) Competitors and Alternatives 2023 (9)

LVRO

Lavoro

1.9041 of 5 stars$6.90
+1.2%
$10.83
+57.0%
N/A$804.61M$1.79B0.003,778Gap Down

Beyond Meat (BYND) Competitors and Alternatives 2023 (10)

BIOX

Bioceres Crop Solutions

2.3735 of 5 stars$13.04
+1.5%
$20.00
+53.4%
+20.0%$818.87M$408.79M72.45447High Trading Volume

Beyond Meat (BYND) Competitors and Alternatives 2023 (11)

MED

Medifast

2.0038 of 5 stars$75.37
+1.0%
$81.00
+7.5%
-41.4%$820.78M$1.60B6.87874

Related Companies and Tools

As a seasoned financial analyst with a focus on consumer staples, I bring a wealth of experience to the table. I've actively tracked and analyzed the performance of companies within the sector, keeping a close eye on market trends, financial indicators, and news sentiment. My understanding of investment dynamics, risk assessment, and market behavior positions me as a reliable source for evaluating investment opportunities.

Now, let's delve into the article comparing Beyond Meat (BYND) with its competitors: Oatly Group (OTLY), Vital Farms (VITL), B&G Foods (BGS), The Hain Celestial Group (HAIN), Forafric Global (AFRI), Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY), SunOpta (STKL), Lavoro (LVRO), Bioceres Crop Solutions (BIOX), and Medifast (MED).

Analyst Recommendations and Ratings:

  • Beyond Meat (BYND) has 6 sell ratings, 2 hold ratings, and no buy or strong buy ratings, resulting in a rating score of 1.25.
  • Oatly Group (OTLY) has 1 sell rating, 3 hold ratings, 4 buy ratings, and no strong buy ratings, with a rating score of 2.38.

Market Sentiment and Outperform Votes:

  • Beyond Meat received 141 more outperform votes than Oatly Group.
  • 46.17% of users gave Beyond Meat an outperform vote, while only 42.11% gave Oatly Group an outperform vote.

Financial Performance:

  • Oatly Group has a net margin of -31.43%, while Beyond Meat's net margin is -71.47%.
  • Beyond Meat's return on equity is 0.00%, surpassing Oatly Group's return on equity.

Media Sentiment:

  • Oatly Group has a more favorable media sentiment score (0.66) compared to Beyond Meat (-0.01).

Institutional Ownership:

  • Beyond Meat has higher institutional ownership at 38.2%, indicating confidence from endowments, hedge funds, and large money managers.
  • Oatly Group has 21.4% institutional ownership.

Financial Metrics:

  • Beyond Meat has higher earnings but lower revenue than Oatly Group.
  • Beyond Meat is trading at a lower price-to-earnings ratio, making it more affordable than Oatly Group.

Volatility:

  • Beyond Meat has a beta of 2.28, indicating higher volatility (128% more volatile than the S&P 500).
  • Oatly Group has a beta of 2.19, making it 119% more volatile than the S&P 500.

Summary:

  • Beyond Meat and Oatly Group tie, winning 9 out of the 18 factors compared.
  • Factors include analyst recommendations, financial performance, media sentiment, institutional ownership, and valuation.

Additional Information:

  • Price Performance: Beyond Meat has a 1-year performance of -30.12%, while Oatly Group shows a 1-year performance of +14.72%.
  • Competitors Comparison: The article provides a detailed comparison with metrics such as market rank, share price, analysts' price targets, market cap, revenue, P/E ratio, and more for each competitor.

This analysis offers a comprehensive overview for investors considering Beyond Meat and its competitors, aiding in informed decision-making based on various key factors.

Beyond Meat (BYND) Competitors and Alternatives 2023 (2024)
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