As plant-based meat has proven to be a great alternative for meat products and a pretty lucrative business, many investors are looking for new exciting opportunities. Beyond Meat is the most well-known company that produces synthetic meat and the company’s stock is just booming right now. This can be attributed to good earnings performance and Beyond Meat’s expansion into many regions in the world. At present, products of the California-Based startup are available in more than 75 countries at 94,000 retail and foodservice locations.
As Beyond Meat’s share soars to incredible heights, we’ll help you find the best way to buy shares of Beyond Meat in the UK. We’ll also discuss the best stock brokers in the UK offering investors to buy and sell Beyond Meat shares and analyze the Beyond Meat stock performance.
Beyond Meat trade on the NASDAQ stock exchange under the ticker symbol ‘BYND’. This means you need to find a trusted and regulated UK brokerage platform that gives you access to shares listed on US exchanges. As Beyond Meat is very popular stock these days, there are plenty of stock brokers that allows you to trade its shares but you want to find the most cost-effective and safe share dealing trading platform.
To help you choose the right broker, below you will find two of the most well-known UK stockbrokers that allow you to buy and sell Beyond Meat shares.
eToro is our favourite CFD stock broker in the UK. This broker was founded in 2007 and now has a community of over 12 million users on its social trading network. eToro is among the very few brokers that enable users to trade thousands of instruments on a fully social trading platform.
When it comes to share trading, eToro offers investors trading on thousands of shares from the US, UK, and numerous other countries across the world. On this platform, you’ll be able to trade shares like Amazon, Facebook, Tesla, Nio, and also shares of Beyond Meat. One of the main reasons to choose eToro over other brokers in the industry is the fact that it allows you to buy shares outright or trade CFDs, so you’ll get the option to switch between the two methods based on your trading strategy. If choosing CFDs, you’ll be able to trade with a leverage of 5:1 on shares, including Beyond Meat.
But above all, eToro is mostly known for social trading and copy trading features. You can start a discussion with other members, see other traders trading activity, and even use a tool called CopyTrade that allows you to automate your trading by copy trades of other investors. The bottom line, eToro is an ideal trading platform for people wishing to start trading shares.
If you want to get started, you need to meet a minimum requirement of £160 and complete a signup registration process. Keep in mind that eToro is also authorized and regulated by the FCA in the UK.
67% of retail investor accounts lose money when trading CFDs with this provider.
2. Plus500 – Buy and Sell Beyond Meat CFDs with Tight Spreads
If you are more interested in active day/swing trading, Plus500 might be the ideal CFD broker for you. Much like eToro, this broker offers a zero commission share trading, however, the benefit of trading with Plus500 is the extremely tight spreads and low management fees. Plus500 offers a great selection of shares to trade on including popular companies like Facebook, Rolls Royce, Netflix, and Beyond Meat.
Going into the details, Plus500 does not charge any trading fees except a spread of 0.5 when buying and selling Beyond Meat shares. UK investors can also trade shares at Plus500 with a leverage ratio of 5:1. In other words, you can leverage five times the value of your position. Another useful feature available on Plus500’s platform is the market sentiment tool they offer. This can be a powerful tool for any investor as it shows you what percentage of investors are bullish or bearish on a certain asset.
Plus500 also has a user-friendly stock trading platform that is available on any web browser or on your smartphone. Moreover, it has a lot of features to offer including special orders like the guaranteed stop order and the trailing stop order, and a price alerts service. To create an account, you will have to meet a minimum requirement of £100, which you can do with a debit/credit card, Paypal, or bank account.
- Wide variety of CFD shares
- Risk management tools & price alerts service
- Retail clients can trade stock CFDs with leverage of up to 5:1
- Tight spreads and low trading fees
- Allows investors to short sell share CFDs
- Supports options trading
- Regulated by the FCA
- Does not offer social trading
- Offers to trade on CFDs only
72% of retail investor accounts lose money when trading CFDs with this provider.
Beyond Meat has performed extremely well since its IPO in May 2019, and early investors have been rewarded as the share reached an all-time high of $234.90 per share. But this does not necessarily mean Beyond Meat is a good investment opportunity right now as it may be overvalued or very least due for a pullback.
As such, it is crucial to do your own research into Beyond Meat shares and the company’s fundamentals in order to determine if this is the right investment for you.
Beyond Meat was founded in 2009 by Ethan Brown in El Segundo, California, US. In the first years of operation, the company has managed to raise funds through various venture capitals and big investors like Bill Gates and Biz Stone. Eventually, the company released its plant-based meat products to retails stores in 2012, and since then, Beyond Meat has developed an industrial-scale production of synthetic meat.
With the hype surrounding Beyond Meat, the company went public in May 2019 at a price of $25 per share. It was the most successful IPO in 2019 as shares spiked 170% on the first trading day. As a matter of fact, the share price has exploded in the months following its IPO, reaching an all-time high of $234.90 on July 26, 2019. However, between 2019 and March 2020, beyond meat shares dropped to $59.91, largely because of increasing competition in the industry and the Covid-19 pandemic that widened its Q2 loss.
But since March 2020, BYND share is on an epic run and is, once again, one of the best shares to buy in the market at the moment. The Beyond Meat share price has since recovered to $189 per share following an impressive sales in the second-quarter report of $113.3 million, up 69% from the previous year. On top of that, investors were particularly excited after the company announced that it’s building up a presence in China with two main facilities outside Shanghai.
Beyond Meat does not currently offer a dividend or a dividend reinvestment program to shareholders. As with any company that is still growing rapidly, Beyond Meat won’t pay dividends because it prefers to invest revenues into further growth.
Beyond Meat share has been swinging up and down since its IPO and though the vegan meat company was hit by the coronavirus pandemic and other several factors, its share recovered dramatically in 2020, with a year-to-date return of 140.56% and a one-year return of 30.51%. As such, most analysts are confident that Beyond Meat will remain a dominant player in the vegan meat market.
With that in mind, let’s take a look at some of the key points why you should consider adding Beyond Meat to your portfolio.
Beyond Meat Expands to China
In September, Beyond Meat’s management announced its plans to expand to China. The American company will not only start producing plant-based meat in China later this year but will also partner with several food distributors such as the Chinese Sinodis, KFC, Pizza Hut, and Starbucks. Shares of the plant-based meat company obviously spiked following the announcement as investors realize that Beyond Meat lays the ground for future growth in China and Asia.
Beyond Meat is the Largest Producer of Revolutionary Plant-Based Meat
One of the key strengths of successful investors is to identify revolutionary products. In this case, there’s no doubt that Beyond Meat has a unique product in a rapidly growing market. Plant-based meat can presumably reduce greenhouse gas emissions and animal suffering as well as reduce the high consumption of meat in our diets. Basically, Beyond meat’s meat-free burgers are mostly based on a variety of plant proteins like Soy Protein, Potato Protein, Pea, Mung Bean, Faba Bean, and Brown Rice.
As many people prefer environmentally-friendly products and the rise of veganism is at its peak, it is only inevitable that Beyond Meat will continue to grow.
Fundamentals Are Positive
Finally, in a very short time Beyond Meat has become a profitable company. The company has reported one profitable quarter in 2019 with a net profit of $4.1 million in the third quarter. Then, early on this year Beyond Meat surprised analysts with another profitable Q1 report despite the negative impact caused by the Covid-19 pandemic. The second-quarter results were mixed as Beyond Meat reported a net loss of $10.2 million but also net sales of $113.3 million, an increase of 69% from the previous year.
Step 3: Open an Account and Deposit Funds
So now that we have made in-depth research on Beyond Meat and you are ready to buy shares of the company, we are going to show you how to place a buying order on eToro’s platform.
To initiate the process you first need to visit eToro’s homepage and register for a free share dealing account. On the registration form, enter your email address, and pick a username and password.
You will also have to complete a verification process before depositing funds and buying shares of Beyond Meat. This can be done by uploading a copy of your driver’s license or passport along with a copy of a recent utility bill or bank statement.
On the next step, you will be asked to fund your account. In the UK, eToro maintains a minimum deposit requirement of around £150. You should take into consideration a 0.5% currency conversion fee as the broker converts your funds to US dollars. When it comes to payment methods, eToro accepts a wide variety of options that include:
- Debit Card
- Credit Card
- UK Bank Transfer
As soon as your deposit has been credited to your eToro account, you can place an order to buy Beyond Meat shares. Once you enter the eToro trading dashboard, type in ‘Beyond Meat’ or ‘BYND’ at the search bar at the top of the screen, and click on the first result that shows up.
On the next page, simply click on the ‘Trade’ button.
You will now see an order form to buy Beyond Meat shares. In this form, you will have to insert the amount you wish to invest in Beyond Meat. To complete your purchase, click on the ‘Place Order’ button. Keep in mind that eToro supports fractional trading, so you won’t have to buy a full share of BYND. For example, if the price of Beyond Meat stands at $180 per share, you can buy a portion of the full share as long as the investment amount exceeds £40.
Beyond Meat share skyrocketed more than 140% during 2020, and is potentially a great investment opportunity right now due to several factors. As such, most analysts agree that Beyond Meat share price could eventually hit $240 and beyond. The expansion to China and new partnerships in the U.S. prove that Beyond Meat pushes towards global production and distribution of plant-based meat.
For a long-term investment, Beyond Meat is is definitely a buy. The exponential surge in price simply reflects investors’ expectations for the company’s future growth. And as we have seen with companies like Tesla, investors’ sentiment may play a huge role in determining the share price.
Even though BYND share is a buy at this point, there’s an option to short sell the stock if the price increases beyond the fundamental value and you simply believe the stock is overvalued. Moreover, if you plan to engage in active day trading or high-frequency trading (HFQ), you should find a platform that allows you to short sell shares.
For that purpose, you may find many brokerage firms allowing you to short sell stocks using a margin account, which is an account type that allows investors to borrow money in order to buy securities. Another option is to use a CFD broker like eToro that offers CFD instruments that require a trader to deposit a fraction of the total value of the position. For example, when you buy or short sell shares on eToro, you’ll have to hold 20% of the total value of the transaction.
The vegan meat market is expected to grow across the world, in particular following the coronavirus pandemic that should push people towards building a better food system. Beyond Meat is a pioneer company in the plant-based meat (also known as PBM) category and its most well-known product, the Beyond Burger, is an essential product for the world as well as for Beyond Meat investors. If you are ready to buy Beyond Meat shares, simply click the link below to get started!
67% of retail investor accounts lose money when trading CFDs with this provider.
What stock exchange is Beyond Meat listed on?
Beyond Meat is listed on the NASDAQ stock exchange in the US under the ticker symbol 'BYND'
Does Beyond Meat pay dividends?
No, Beyond Meat does not currently pay dividends.
Can you get beyond meat in the UK?
Yes, Beyond Meat products are available in several stores in the UK including Tesco, Sainsbury, and Ocado. Additionally, according to the Vegan Food UK, Beyond Meat products will soon appear in McDonald’s in the UK.
Is Beyond Meat a profitable company?
Unlike many high-growth companies, Beyond Meat has reported a net profit on the third quarter of 2019 and the first quarter of 2020. However, the plant-based meat producer has never yet reported an annual profit.
How much were Beyond meat shares when the firm first went public?
Beyond Meat (BYND) went public on May 2, 2019, on the NASDAQ exchange at a price of $25 per share. The IPO was one of the most successful in recent years as the opening trade was priced at $46 per share, nearly twice its IPO price.