Analyst's Squeeze Play: Can Beyond Meat, Aurora Cannabis Juice The Shorted Stocks?
Analyst's Squeeze Play: Can Beyond Meat, Aurora Cannabis Juice The Shorted Stocks?
A short squeeze forces investors betting on a stock's decline (short sellers) to buy back shares at a higher price to avoid losses, triggering a price surge. Analyst Faizan Farooque sees this potential in Aurora Cannabis (NASDAQ:ACB) and Beyond Meat (NASDAQ:BYND) due to their recent actions and current market conditions.
空头持仓强迫押注在股票下跌的投资者（卖空者）以更高的价格买回股票以避免损失，从而引发价格暴涨。分析师Faizan Farooque认为极光大麻（纳斯达克：ACB）和Beyond Meat（纳斯达克：BYND）在其近期行动和当前市场情况下有这种潜力。
Beyond Meat
Beyond Meat
Beyond Meat is facing a challenging environment with persistent inflation, competition from Impossible Foods and a notable drop in plant-based meat revenues.
Beyond Meat面临着持续通胀、与Impossible Foods的竞争以及人造肉收入的显着下降等严峻环境。该公司的净销售额下降了18%，导致净亏损1.551亿美元。尽管存在这些挫折，Beyond Meat预计2024年的销售额为3.15亿美元至3.45亿美元。
The company's net sales fell 18%, resulting in a net loss of $155.1 million. Despite these setbacks, Beyond Meat projects sales of $315 million to $345 million for 2024.
为了应对这些挑战，Beyond Meat推出了Beyond IV，这是一条新产品线，比传统牛肉含有75%的饱和脂肪和20%的盐分，每份含有21克的蛋白质。根据Farooque的说法，该公司正在专注于库存优化，取消了Beyond Jerky，以优先考虑更具利润的Beyond IV系列。此外，BYND正在削减2024年的预算7,000万美元，作为其SKU合理化进程的一部分。目前，该股票的空头持仓率接近40%，去年下跌了近50%。
To counter these challenges, Beyond Meat introduced Beyond IV, a new product line boasting 75% less saturated fat and 20% less salt than traditional beef, and containing 21 grams of protein per serving.
为了应对这些挑战，Beyond Meat推出了Beyond IV，这是一条新产品线，比传统牛肉含有75%的饱和脂肪和20%的盐分，每份含有21克的蛋白质。根据Farooque的说法，该公司正在专注于库存优化，取消了Beyond Jerky，以优先考虑更具利润的Beyond IV系列。此外，BYND正在削减2024年的预算7,000万美元，作为其SKU合理化进程的一部分。目前，该股票的空头持仓率接近40%，去年下跌了近50%。
According to Farooque, the company is focusing on inventory optimization, discontinuing Beyond Jerky to prioritize the more profitable Beyond IV line. Additionally, BYND is cutting its 2024 budget by $70 million as part of its SKU rationalization process. Currently, the stock has nearly 40% short interest and has dropped almost 50% in the past year.
根据Farooque的说法，该公司正在专注于库存优化，取消了Beyond Jerky，以优先考虑更具利润的Beyond IV系列。此外，BYND正在削减2024年的预算7,000万美元，作为其SKU合理化进程的一部分。目前，该股票的空头持仓率接近40%，去年下跌了近50%。
Aurora Cannabis
极光大麻
Aurora Cannabis continues to be a notable name in the short-squeeze arena, largely due to marijuana's federal illegality in the U.S. However, Farooque noted Aurora reported its fifth consecutive quarter of positive adjusted EBITDA, with quarterly net sales up 5% to 64.4 million CAD.
极光大麻继续成为空头持仓竞技场上值得关注的名字，这在很大程度上是由于大麻在美国的联邦非法性引起的。然而，Farooque指出极光大麻报告了其第五个连续季度的正向调整EBITDA，季度净销售额增长了5%至6,440万加元。
The company is also reducing its debt, recently repurchasing 23.1 million CAD in convertible debentures.
该公司还在减少其债务，最近回购了2,310万加元的可转换债券。
Despite these positives, consumer cannabis revenue fell by 21% year-over-year, and adjusted SG&A expenses remained high, according to Farooque.
尽管有这些积极因素，Farooque指出，消费者大麻收入同比下降了21%，调整后的销售和行政费用仍然很高。
He explained a reverse stock split in February 2024 aimed to stabilize the stock price, but ACB is still trading at $5.90, well below its 52-week high of $11.5.
他解释说，2024年2月的反向股票分割旨在稳定股价，但ACB仍然以5.90美元的价格交易，远低于其52周高点11.5美元。加拿大市场的缓慢增长进一步复杂化了Aurora的位置，使其成为一种迫切需要被压缩的股票。
The Canadian market's slow growth further complicates Aurora's position, keeping it among the stocks primed for a squeeze.
加拿大市场的缓慢增长进一步复杂化了Aurora的位置，使其成为一种迫切需要被压缩的股票。
Cannabis rescheduling seems to be right around the corner. Want to understand what this means for the future of the industry? Hear directly for top executives, investors, and policymakers at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. Get your tickets now before prices surge by following this link.
大麻重新分类似乎已经指日可待。想了解这对该行业未来的意义？那就直接向19届Benzinga大麻资本大会上的高管、投资者和政策制定者听取。该活动将于10月8日至9日在芝加哥举行。立即购票，避免价格飙涨，请关注此链接.
Photo by Tangerine Newt on Unsplash.
由Tangerine Newt提供的照片，来自Unsplash。