You should consider shares of Mylan N.V. (NASDAQ:MYL) and Beyond Meat Inc. (NASDAQ:BYND) if you are looking for a great stocks to invest in. Starting with the MYL shares, which traded at $18.78 at the close of the recent session, dropping 0.00%. On Friday, the company’s shares shed $0.0 from its value which represented in intraday trading. The stock is now -44.83% lower in year-to-date (YTD) trading. MYL’s intraday high was $18.98 while its lowest price touched $18.56. The stock’s 52-week high price is $34.46, which means the current price is at -45.50%. In terms of trading activity, the daily trading volume fell to 3821388 against 200-day average trading volume of 6,970,759 shares.
What are analyst forecasts for Mylan N.V. (NASDAQ:MYL)?
At a consensus rating of 4.00, MYL is trending as a streaking Moderate Buy, as it has been the case a month ago when 14 analysts called it a Moderate Buy. Two months ago, 15 analysts recommended, on average, that MYL stock is a Moderate Buy. The Healthcare company’s shares’ overall bearish trend saw it close higher on Friday compared to its opening price of $18.56 on the day.
Forecasts for Mylan N.V. (NASDAQ:MYL) give the stock a fair value for the growth of 30.44% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $27.00, which means the price per share could rise by nearly $8.22. The price range target is between a low of $18.00 and a high of $35.00. The stock would need to gain by about $46.34 to hit the estimated high or 0.89% from its 12-month low.
The consensus among 17 analysts is that it is a good time for one to Overweight in the Mylan N.V. 9 analysts rate MYL as a Buy, with 0 of 17 analysts rate it as a Sell. 1 have valued the stock as Overweight and 7 have recommended that investors Hold.
Mylan N.V. (NASDAQ:MYL) Upgrades and Downgrades
In terms of rating changes, Morgan Stanley on November 07, 2019, Downgrade Mylan N.V. (MYL) at Equal-Weight. Analysts at CFRA have assigned a Sell rating for the stock in their research note on November 05, 2019. Moreover, Wolfe Research analysts issued a rating of Outperform for the stock on July 19, 2019. On June 11, 2019, the stock earned a Overweight rating due to an analyst call from Barclays, while analysts from Wells Fargo on May 08, 2019 suggested that the stock is Market Perform.
Beyond Meat Inc. (NASDAQ:BYND) adds $1.3 on Friday
The BYND stock has risen 26.17% year-to-date and is currently trading at $82.96, which is -65.39% below its 52-week high. The company shares gained 1.59% on the day and have risen nearly 84.36% off a low hit. At current levels, Beyond Meat Inc. has a valuation of about $230.90M. As of 11/29/19, this stock has risen 5.52% during the week and closed at $81.66 in the previous session. However, recent Beyond Meat Inc. stock performance shows that BYND shares are -6.67% down over the last month, and -50.51% down for the last three months.
Over the next 5-year period, earnings per share will be -226.30%. But will the BYND stock surprise in the current quarter results, where the $0.06 actual EPS reported on 9/29/2019 surprised by 100.00% or was higher by $0.03 from the estimated $0.03.
Sales Growth to climb 72.60% for the year
How well will Beyond Meat Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $70.37M and $85.59M in current quarter sales. The consensus estimated for the current quarter is $77.01M from sales. Forecasts for this fiscal year are between $269M and $319M and the consensus estimate for sales is at $281.06M. BYND has its next quarter sales estimates at between $62.48M and $94.5M, with the quarter-over-quarter growth estimates at 86.70% and the annual growth forecast for the year at 72.60%.
Who owns shares in Beyond Meat Inc. (BYND)?
Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 1.23 million shares or 1.99% of shares outstanding. Blackstone Group Inc. and Blackrock Inc. held 912875.0 and 463185.0 representing 1.48% and 0.75% respectively at the close of the last trading session. As of Sep 29, 2019, Morgan Stanley accounted for 324462.0 shares at over 48.22 million. This represented 0.53% of shares outstanding. Jefferies Group Inc held 249750.0 shares at over 37.12 million representing 0.41% of shares outstanding.
BYND Insider Activity
On 8/05/2019, by the name Kleiner Perkins Caufield & Byers Llc sold 723862.0 shares worth $111.5 million at the price of $154.00 per share. Filings also show that Nelson Mark Joseph sold a total of 64452.0 shares on 8/05/2019 valued at $10.3 million. Since the last insider activity, the company’s share price has dropped -52.85%.