(If you don't have time to wait, there are still some deals to be had from the Nordstrom Half-Yearly Sale.) And don't worry, we’re here to help you find the most cart-worthy gems with our own edit of the sale items we're hoping to find this year.įirst, a little refresher: The Nordstrom Anniversary Sale is the multibrand retailer’s annual summer sale. Even though the retailer’s annual blowout takes place in July, you can get ahead of the crowd and start building your wish list across fashion and beauty right now. You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself.Get your wallet ready-the Nordstrom Anniversary Sale 2023 will be here sooner than you think. Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. Alternatively, email editorial-team (at). Have feedback on this article? Concerned about the content? Get in touch with us directly. If these risks are making you reconsider your opinion on Beyond Meat, explore our interactive list of high quality stocks to get an idea of what else is out there. Only the boldest would assume these prices are sustainable as these declining revenues are likely to weigh heavily on the share price eventually.īefore you take the next step, you should know about the 2 warning signs for Beyond Meat (1 is significant!) that we have uncovered. Apparently many investors in the company reject the analyst cohort's pessimism and aren't willing to let go of their stock at any price. With this information, we find it concerning that Beyond Meat is trading at a P/S higher than the industry. Meanwhile, the broader industry is forecast to expand by 4.9%, which paints a poor picture. Looking ahead now, revenue is anticipated to slump, contracting by 0.3% during the coming year according to the ten analysts following the company. Although it's been a bumpy ride, it's still fair to say the revenue growth recently has been mostly respectable for the company. Regardless, revenue has managed to lift by a handy 13% in aggregate from three years ago, thanks to the earlier period of growth. Retrospectively, the last year delivered a frustrating 14% decrease to the company's top line. How Is Beyond Meat's Revenue Growth Trending?īeyond Meat's P/S ratio would be typical for a company that's expected to deliver solid growth, and importantly, perform better than the industry. Keen to find out how analysts think Beyond Meat's future stacks up against the industry? In that case, our free report is a great place to start. If not, then existing shareholders may be extremely nervous about the viability of the share price. It might be that many expect the dour revenue performance to recover substantially, which has kept the P/S from collapsing. While the industry has experienced revenue growth lately, Beyond Meat's revenue has gone into reverse gear, which is not great. Ps-multiple-vs-industry What Does Beyond Meat's Recent Performance Look Like?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |