Tattooed Chef (NASDAQ:TTCF), the plant-based frozen food company, looks to be fully valued, despite huge expectations of growth in sales over the next several years. Some of us a going vegan for animal welfare purposes. They’re better for the environment. If so, then why haven’t plant-based diets reached ubiquity yet? This will allow them to see if the company is still on a growth glide path that justifies its present valuation. Therefore, using today’s $1.7 billion market value, the price is only 8.5 times that projection (i.e., $1.7 billion divided by $200 million). Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Tattooed Chef Inc. analyst estimates, including TTCF earnings per share estimates and analyst recommendations. Recently public Tattooed Chef (NASDAQ: TTCF) is having a tasty day in the stock market, up nearly 10% in intraday trading. View TTCF: Tattooed Chef, Inc.investment & stock information. Do this now. Tattooed Chef (NASDAQ: TTCF), the plant-based frozen food company, looks to be fully valued, despite huge expectations of growth in sales over the next several years. First it started off as a 28-day challenge, it was really a cleanse. All of this increased supply and demand will lead to economies of scale, which will unlock significant cost-savings that should be passed down to the consumer, ultimately driving plant food prices lower with time. All rights reserved. That leaves TTCF stock with a very high valuation of 35 times EBITDA earnings. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. We find that current price change of +1.09% and +144.95% over the past 12 months for TTCF betters that of Kimberly-Clark Corp (KMB), which has seen its stock price rise 0.29% in the last trading session and was -2.43% over the last one year. NBA superstar Chris Paul, for example, adopted a plant-based diet in 2019 to help fight back against Father Time (he’s 35 years old, which is ancient by NBA standards). Plant-based food company Tattooed Chef, Inc. (NASDAQ: TTCF) stock has been on a tear as it outperforms the benchmark S&P 500 index (NYSEARCA: SPY).The pandemic has accelerated the socially health conscious trend of sustainable plant-based food consumption lead by companies like Beyond Meat (NASDAQ: BYND).Tattooed Chef went public via reverse merger into the Forum … What to Do With TTCF Stock Most investors will want to see the company earnings statements for the next several quarters. 7 Great Sub-$20 Stocks to Buy After Inauguration Day Moreover, page 34 shows the company’s forecasts for sales growth through to 2026. Tattooed Chef hopes to make plant-based foods tasty and more mainstream. Actually, some of us are. For those who don’t follow college football, here’s a quick recap: Because, you see, plant-based diets are the future. Shares of frozen food company Tattooed Chef (NASDAQ: TTCF) were up 50.2% in December, according to data provided by S&P Global Market Intelligence. For example, using a 20% discount rate for the next four years, 2026 EBITDA would be 48.23% of $200 million today, or $96.45 million. See all stocks on the move » Folks, the headwinds are passing. Free forex prices, toplists, indices and lots more. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Tattooed Chef Inc. is a plant-based food company offering portfolio of plant-based food products. More importantly, Tattooed Chef predicts it will become profitable on an EBITDA basis (earnings before interest, taxes, depreciation and amortization) by the end of 2021. On $1 billion in sales that implies $200 million in forecast EBITDA. Find real-time TTCF - Tattooed Chef Inc stock quotes, company profile, news and forecasts from CNN Business. From an investor’s standpoint, the most important ones seem to be on pages 33 and 34. Mark Hake runs the Total Yield Value Guide, which you can review here. The New Daily 10X Stock Report: Dozens of triple-digit winners, peak gains as high as 926%… 1,326%… and 1,392%. Let's be Insta Pals. Given that TTCF stock now has a market capitalization of $1.7 billion, this puts it on a price-to-sales multiple of roughly 7. Analyst Report: Palantir Technologies Inc. Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Tattooed Chef (TTCF) stock price, charts, trades & the US's most popular discussion forums. View daily, weekly or monthly … © 2021 Verizon Media. Discover tunes and artists currently on heavy rotation at TCHQ, with our Taste the Jams spotify playlist curated by Sarah. Because Fields is vegan. Tattooed Chef Shows Massive Upside in Plant-Based Foods for the Masses. ESPN broadcaster Chris Fowler said it was the highest-level performance he’s seen in 35 years of covering football.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock … Tattooed Chef. That is when it expects to make between $8 and $10 million in EBITDA. That puts it at a valuation of 1.7 times 2026 sales. But frankly, given that TTCF stock trades for 7 times this year’s forecast sales and 35 times projected EBITDA, I will not be buying it any time soon. By 2022, it expects to make an EBITDA margin in the mid-teens. Combined. In fact, it recently reached a peak of $26.81 on Jan. 14, before settling at $24.08 at close on Jan. 21. They’re better for the cows. Tattooed Chef is up 2.07% after yesterday's slide. Moreover, it had an Analyst Day on Dec. 15 that was meant to counteract the major assertions of the short report.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Analyst Day presentation provides 41 slides describing the company’s business and very specific growth guidance. TTCF stock could be weighed down by Tattooed Chef's stiff competition, failure to penetrate the supermarkets and lack of a well-known brand. The post 6 Hot Vegan Stocks That Will Make You Go Plant-Based appeared first on InvestorPlace. 9:15am / MotleyFool.com - Paid Partner Content, 2 Reasons Why Beyond Meat Stock Might Be Nearing Expiration, This NYC Startup Raises $51M to Disrupt the Retirement Industry, 5 Social Security Mistakes to Avoid At All Costs, 7 Mistakes That Will Ruin Your Retirement Income, 7 Retirement Secrets Smart Americans Should Know, You Can Still Buy This "Millionaire Maker" Stock, Bitcoin Up 30,000X -- Here's Your Backdoor In, This Stock Could Be Like Buying Amazon for $3.19. About the Tattooed Chef, Inc. stock forecast. But if not, some of the fears and skepticism from the short report could come to pass. Discover historical prices for TTCF stock on Yahoo Finance. Tattooed Chef allows me to bring in all the elements of what makes me, me, and share it – that’s the ultimate form of expression. If its packaged foods get into more stores, TTCF stock could soar. He went on to have one of the most impressive seasons of his career in 2020, which he credits to going plant-based: Factset: FactSet Research Systems Inc.2019. Given that it projects sales of just $300 million, a 15% EBITDA margin would be $45 million. And together, they are sparking a seismic shift toward plant-based diets that will permanently and significantly impact all of us. As of 2021 February 01, Monday current price of TTCF stock is 23.200$ and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception).. Tattooed Chef, Inc. has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. Most stock quote data provided by BATS. Of course, the most obvious way to play this hypergrowth trend is by buying the face of the plant-based food movement — Beyond Meat (NASDAQ:BYND). In perhaps the most shocking twist, former bodybuilding legend Arnold Schwarzenegger is plant-based now, too. But without any company news, investors may be wondering why. Coming into the 2020 season, Fields switched up his diet to be entirely plant-based. All of those stocks have enormous upside potential over the next 5 to 10 years. Radical New Battery Could Dismantle Oil Markets Why Everyone Is Investing in 5G All WRONG Now, for a limited time, you can get in for just $19. Click here to find out how. Sarah's Story. If you want to know who really controls Tattooed Chef, Inc. ( NASDAQ:TTCF ), then you'll have to look at the makeup of... 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