Argus
•
Aug 24, 2020
Beyond Meat, Inc.: Reiterating BUY following 2Q results
Symbols
BYNDSector(s)
Consumer Defensive
Rating
Earnings Estimate
Current Price
$11.79
Price Target
Summary
Beyond Meat offers a range of products that provide protein from plants as an alternative to meat, whose production is increasingly seen as harmful for the environment. The company's goal is find 'a better way to feed the planet' while addressing four issues: human health,
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Analyst Profile
John D. Staszak, CFA
Securities Analyst: Consumer Discretionary & Consumer Staples
John's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.
