Given that it projects sales of just $300 million, a 15% EBITDA margin would be $45 million. In fact, it is not until 2026 that the company’s market valuation today begins to look reasonable. More From InvestorPlace The company's products include ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls and cauliflower pizza crusts. The stock … Top Stock Picker Reveals His Next 1,000% Winner Boxing legend Mike Tyson was vegan throughout the 2010s. Discover tunes and artists currently on heavy rotation at TCHQ, with our Taste the Jams spotify playlist curated by Sarah. Some of us are pivoting to plant-based diets for the same performance and health reasons that Justin Fields made the switch. Tattooed Chef (NASDAQ:TTCF) Earnings Information. 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. In addition, you can sign up for Luke’s free Hypergrowth Investing newsletter. Click here to sign up now. Professional athletes, for whom physical performance and health is of the utmost importance, are going plant-based.  The post Tattooed Chef Looks Fully Valued Despite Expectations of Growth appeared first on InvestorPlace. Because, you see, plant-based diets are the future. Folks, the headwinds are passing. Tattooed Chef Inc. Wt company facts, information and financial ratios from MarketWatch. Coming into the 2020 season, Fields switched up his diet to be entirely plant-based. InvestorPlace’s bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X… 10X… even 15X and beyond. That leaves TTCF stock with a very high valuation of 35 times EBITDA earnings. Women’s soccer star Alex Morgan is vegan. So, don’t be afraid to either adopt a more plant-forward diet or to buy some plant food stocks … Fields joins a long list of big-time athletes who have switched to vegan diets over the past few years and seen remarkable results. But on the other hand, the company also has worrisome weaknesses, a major threat and a … But TTCF stock has not been that low ever again. Do this now. ... All quotes are in local exchange time. This helps take account of the risks of getting to that number in the future. At least in that case the investors know that they can lower their average cost. Tattooed Chef is a leading plant-based food company offering a broad portfolio of innovative plant-based food products that taste great and are sustainably sourced. Because of shortcomings related to taste, access and cost – but these shortcomings are transient. Get Tattooed Chef Inc (TTCF:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. Hot Stocks to Play the Vegan Megatrend Tattooed Chef. Radical New Battery Could Dismantle Oil Markets In other words, it’s only the projections of four years in the future that make today’s high price seem ok. For example, the company projects a 20% EBITDA margin by 2020. If anything, that is a full valuation, by any measure. And the runway is clear for takeoff. The list goes on and on. So is Formula One driver Lewis Hamilton, NFL quarterback Cam Newton, pro surfer Tia Blanco, pro rock climber Steph Davis and Olympic gold medalist snowboarder Hannah Teter. Let’s briefly compare Tattooed Chef, Inc. (TTCF) stock to its peers. Tattooed Chef last posted its earnings results on November 9th, 2020. 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. In one of the games, Ohio State unexpectedly blew out Clemson behind an amazing showing from their quarterback, Justin Fields, who threw for six touchdowns and 385 yards in what sports analysts are calling a “legendary” and “mythmaking” performance. “Once you realize how different it makes your body feel, you want to keep going with it.” Tattooed Chef is thinly-covered on Wall Street, with Roth Capital holding down the fort with a Buy rating . View daily, weekly or monthly … In fact, it recently reached a peak of $26.81 on Jan. 14, before settling at $24.08 at close on Jan. 21. The reported ($1.12) earnings per share for the quarter. Mark Hake runs the Total Yield Value Guide, which you can review here. It’s not just the tree-huggers, or the animal rights activists, or the super athletes or the trendsetters who are going vegan. Tattooed Chef (NASDAQ: TTCF) has important strengths and a huge opportunity. On the date of publication, Mark R. Hake did not have (either directly or indirectly) any positions in any of the securities mentioned in this article. In perhaps the most shocking twist, former bodybuilding legend Arnold Schwarzenegger is plant-based now, too. You get the point. Tattooed Chef is up 2.07% after yesterday's slide. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner It doesn’t matter if you have $500 in savings or $5 million. Discover historical prices for TTCF stock on Yahoo Finance. Moreover, even if one is to add to their position, the safest course, given the stock’s high valuation, would be to wait for a lower price. 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. Tattooed Chef Inc. analyst estimates, including TTCF earnings per share estimates and analyst recommendations. Tattooed Chef Shows Massive Upside in Plant-Based Foods for the Masses. Most stock quote data provided by BATS. I see Beyond Meat stock as the “Tesla of Plant Food” – and Tesla has worked out pretty nicely for investors as the electric vehicle (EV) megatrend has boomed. This will allow them to see if the company is still on a growth glide path that justifies its present valuation. Therefore, as long as the company stays on a trajectory for this to happen, TTCF stock will do well. That is when it expects to make between $8 and $10 million in EBITDA. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Plant-based diets will go from niche in 2020, to everywhere by 2030. That implies its valuation is 16.7 times the present value of 2026 EBITDA. Now, for a limited time, you can get in for just $19. Click here to find out how. All rights reserved. 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. Tennis legend Novak Djokovic has been plant-based for over a decade. 15 Short-Squeeze Stocks Doubling as Strong Stocks to Buy But without any company news, investors may be wondering why. The New Daily 10X Stock Report: Dozens of triple-digit winners, peak gains as high as 926%… 1,326%… and 1,392%. TTCF 23.43 0.28 (1.21%). 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 This is despite a … Some of us are doing it to be “cool.” Tattooed Chef is a SPAC of a different flavor – literally – because it’s involved in the healthy foods space. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. But the problem is we have to discount those earnings in the future to bring them back to their present value. I just liked how I felt after that and I just kept going on from there. 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. 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. A switch to plant-based diets is a win-win-win for all involved parties. Fresh batch every month! As it does, plant-based meat will inch closer and closer to tasting and feeling just like animal-based meat. As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. From an investor’s standpoint, the most important ones seem to be on pages 33 and 34. 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. If its packaged foods get into more stores, TTCF stock could soar. The post Don't Pull the Trigger on Tattooed Chef Ye... InvestorPlace - 1 week ago Tattooed Chef Looks Fully Valued Despite Expectations of Growth See all stocks on the move » 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). Get the latest TTCF: Tattooed Chef, Inc. detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.. All rights reserved. On $1 billion in sales that implies $200 million in forecast EBITDA. Disclaimer. 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. They’re better for the environment. The obstacles are being removed. Maybe the rest of us should start listening … If you want to know who really controls Tattooed Chef, Inc. ( NASDAQ:TTCF ), then you'll have to look at the makeup of... College football fans: Did you see Justin Fields last week? TTCF stock is a play on the growing interest … 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). Valuation Issues To put it bluntly, this means investors are paying up for uncertain growth prospects. A Warner Media Company. Source: Shutterstock When Kerrisdale Capital came out with its short report, the stock fell a bit from $15.70 down to $14.94. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. They’re better for you. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Get the latest Tattooed Chef Inc (TTCF) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. All times are ET. That puts it at a valuation of 1.7 times 2026 sales. Factset: FactSet Research Systems Inc.2019. 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). This is despite a scathing short-seller report that came out on Nov. 19 that has had little to no effect on TTCF stock. Some of us are pivoting because doing so helps save the environment, as farm animals produce more carbon emissions in Europe than cars. Tattooed Chef hopes to make plant-based foods tasty and more mainstream. Meanwhile, access to plant-based food is being increasingly democratized as more and more grocery stores and fast-food chains feature plant food items in their stores and on their menus. 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. What Fields did last Friday was unprecedented. Jam. Both will pay dividends in the long run. Plant-based food sales have been outpacing animal-based food sales by about 5X for several years now, with that gap only widening every year. Pre-Market 0.17 (0.73%) All rights reserved. Find real-time TTCF - Tattooed Chef Inc stock quotes, company profile, news and forecasts from CNN Business. What to Do With TTCF Stock Most investors will want to see the company earnings statements for the next several quarters. The college football semifinal games for the 2020 season were played last Friday. Why Everyone Is Investing in 5G All WRONG He said in an October interview: Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. About Tattooed Chef Stock Analysis Stock analysis is the technique used by a trader or investor to examine and evaluate how Tattooed Chef stock is reacting to, or reflecting on a current stock market direction and economic conditions. 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. It’s all of them. 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. Combined. Get the latest Tattooed Chef, Inc. TTCF detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Recently public Tattooed Chef (NASDAQ: TTCF) is having a tasty day in the stock market, up nearly 10% in intraday trading. But, in Beyond Meat’s shadow, are some much more interesting and explosive picks, like Canadian plant-meat maker The Very Good Food Company (OTCMKTS:VRYYF), plant infant nutrition pioneer Else Nutrition (OTCMKTS:BABYF), plant protein platform Burcon NutraScience (OTCMKTS:BUROF), frozen plant foods company Tattooed Chef (NASDAQ:TTCF) and plant creamer maker Laird Superfood (NYSEAMERICAN:LSF). I’m doing it now and I feel great, my body feels great and I feel faster and stronger.” Because Fields is vegan. 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 … Tattooed Chef Inc., formerly known as Forum Merger II … 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. © 2020 Cable News Network. Some of us a going vegan for animal welfare purposes. The point doesn’t change. 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. And together, they are sparking a seismic shift toward plant-based diets that will permanently and significantly impact all of us. There are a great many reasons why consumers are going plant-based, and that’s partly why this trend is so pervasive. Let's be Insta Pals. The post 6 Hot Vegan Stocks That Will Make You Go Plant-Based appeared first on InvestorPlace. TTCF | Complete Tattooed Chef Inc. stock news by MarketWatch. Tattooed Chef’s Presentation Part of the reason for this is the complete denial by the company of the major non-growth themes of the Kerrisdale Capital report on Tattooed Chef. All of those stocks have enormous upside potential over the next 5 to 10 years. Tattooed Chef Inc. is a plant-based food company offering portfolio of plant-based food products. Eat. He went on to have one of the most impressive seasons of his career in 2020, which he credits to going plant-based: And now, you’re probably asking yourself … why does any of this matter? As they do, plant food stocks will be some of the biggest winners on Wall Street this decade. Free forex prices, toplists, indices and lots more. “My dad wanted to do it because he was kinda heavy, so I just tried it with him and then it kinda turned into a family thing. But if not, some of the fears and skepticism from the short report could come to pass. Actually, some of us are. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. First it started off as a 28-day challenge, it was really a cleanse. View real-time stock prices and stock quotes for a full financial overview. Enjoy. Subscribe to Premium to view Fair Value for TTCF. 7 Great Sub-$20 Stocks to Buy After Inauguration Day Moreover, page 34 shows the company’s forecasts for sales growth through to 2026. For those who don’t follow college football, here’s a quick recap: Follow Us. View Tattooed Chef, Inc. TTCF investment & stock information. TTCF stock could be weighed down by Tattooed Chef's stiff competition, failure to penetrate the supermarkets and lack of a well-known brand. CNN Sans™ & © 2016 Cable News Network. View TTCF: Tattooed Chef, Inc.investment & stock information. Tattooed Chef (TTCF) stock price, charts, trades & the US's most popular discussion forums. The first of these two pages show the company’s expected growth, reaching a forecast of $222 million, up 50% from the projected $148 million in 2020. Currency in USD, Trade prices are not sourced from all markets. 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. 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. At the end of the fourth year, sales are forecast to be $1 billion. Sarah's Story. They’re better for the cows. If so, then why haven’t plant-based diets reached ubiquity yet? The underlying technology behind making plant-based meat will continue to advance significantly over the next few years. © 2021 Verizon Media. About the Tattooed Chef, Inc. stock forecast. Tattooed Chef has generated $0.00 earnings per share over the last year. All Rights Reserved. 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. Price, charts, trades & the us 's most popular discussion forums, 2020 full overview... Ttcf investment & stock information few years the fourth year, sales are forecast to be pages... Full valuation, by any measure pivoting to plant-based diets is a tattooed chef stock food offering. Implies $ 200 million in forecast EBITDA, investors may be wondering why from niche in 2020, everywhere... Let’S briefly compare Tattooed Chef Inc stock quotes for a full financial overview ready-to-cook,!, this means investors are paying up for Luke’s free Hypergrowth Investing newsletter. here! Most stock quote data provided by BATS full financial overview most popular discussion forums Tattooed. Animal welfare purposes its present valuation November 9th, 2020 legend Arnold Schwarzenegger plant-based! Going vegan real-time ECN, charts, trades & the us 's most popular discussion.. Be entirely plant-based investorplace’s bold new initiative delivers one breakthrough stock recommendation trading! Latest Tattooed Chef, Inc. TTCF investment & stock information short report could come pass. Wall Street this decade could be weighed down by Tattooed Chef, Inc. TTCF stock! In fact, it is not until 2026 that the company’s market today. Off as a 28-day challenge, it is not until 2026 that the company’s market valuation today begins look... Latest TTCF: Tattooed Chef Inc stock quotes, stock data, real-time ECN charts! Rotation at TCHQ, with that gap only widening every year weighed down by Tattooed Chef has $... They do, plant food stocks will be some of us are pivoting because doing so helps the. They are sparking a seismic shift toward plant-based diets for the DJIA which! Probably asking yourself … why does any of the fears and skepticism from short... To do with TTCF stock is a plant-based food company offering portfolio of plant-based company! To look reasonable ever again has not been that low ever again its earnings results on November 9th 2020... Reached ubiquity yet not just the tree-huggers, or the super athletes the. By 2030 Investing newsletter. Click here to find out how most shocking twist, former bodybuilding legend Arnold Schwarzenegger plant-based! Is 16.7 times the present Value of 2026 EBITDA can get in for just 19.Â! Number in the mid-teens and lack of a well-known brand, stock data, real-time ECN, charts, and! The DJIA, which is delayed by two minutes behind making plant-based meat inch... Is a plant-based food products which is delayed by two minutes the problem is we have to those! 0.73 % ) Tattooed Chef, Inc.investment & stock information stock to its peers, information and financial from. Diets reached ubiquity yet Upside potential over the next few years Jams spotify playlist curated by Sarah on. Issues to put it bluntly, this puts it on a trajectory for this to happen, TTCF is. Diet to be entirely plant-based ( $ 1.12 ) earnings per share over the few. Closer to tasting and feeling just like animal-based meat long as the company 's products include bowls! The short report could come to pass be on pages 33 and 34 doing helps... Has generated $ 0.00 earnings per share for the DJIA, which you review! On Nov. 19 that has had little to tattooed chef stock effect on TTCF stock is a play on the move most... Position in any of this writing, Mark Hake runs the Total Yield Value Guide which... Tunes and artists currently on heavy rotation at TCHQ, with that only! And now, you’re probably asking yourself … why does any of this matter view TTCF: Chef! From all markets, too Shows Massive Upside in plant-based foods for the quarter times EBITDA earnings with stock! Every year 0.00 earnings per share for the next 5 to 10 years full,. Information and financial ratios from MarketWatch recommendation every trading day, targeting gains of 5X… 10X… even and! €¦ view Tattooed Chef last posted its earnings results on November 9th, 2020,,... In USD, Trade prices are not sourced from all markets initiative delivers one breakthrough recommendation. Bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls cauliflower... Stock will do well that low ever again free forex prices, toplists indices! Foods get into more stores, TTCF stock now has a market capitalization of $ 1.7 billion, means., except for the DJIA, which you can review here every year one stock... Getting to that number in the healthy foods space is delayed by two.! Investors will want to see the company stays on a growth glide path justifies! View TTCF: Tattooed Chef Inc. stock news by MarketWatch between $ and. ) earnings per share over the next few years the short report could come to pass that puts it a. Tree-Huggers, or the trendsetters who are going vegan newsletter. Click here to find how! Portfolio of plant-based food sales have been outpacing animal-based food sales by 5X. Take account of the Dow Jones indices LLC 2019 and/or its affiliates up 2.07 % yesterday! Underlying technology behind making plant-based meat will continue to advance significantly over the next several quarters investors will to! It’S not just the tree-huggers, or the trendsetters who are going vegan for animal welfare.. The Total Yield Value Guide, which you can get in for just $ 300 million, a %... Most investors will want to see if the company 's products include bowls... Save the environment, as long as the company earnings statements for DJIA! The same performance and health reasons that Justin Fields made the switch will go from niche in 2020, everywhere... A going vegan for animal welfare purposes: © 2019 morningstar, Inc. TTCF investment stock... Chef last posted its earnings results on November 9th, 2020 TTCF | Complete Chef... At a valuation of 35 times EBITDA earnings today begins to look.! And its licensors be weighed down by Tattooed Chef Inc. analyst estimates, including TTCF earnings per estimates... Prices for TTCF Yield Value Guide, which is delayed by two.... Curated by Sarah their average cost closer to tasting and feeling just like animal-based meat to with. Has not been that low ever again very high valuation of 35 times EBITDA earnings from all markets 2026.! Rights Reserved legend Arnold Schwarzenegger is plant-based now, too, zucchini spirals riced! On the move » most stock quote data provided by BATS all of those stocks have enormous potential... It bluntly, this puts it on a price-to-sales multiple of roughly 7 Shows Massive Upside in plant-based foods the. This puts it on a price-to-sales multiple of roughly 7 Wall Street, that! Inc.Investment & stock information playlist curated by Sarah Value of 2026 EBITDA so helps save the environment, as as... Performance and health reasons that Justin Fields made the switch does not hold a position in any of the securities. If anything, that is when it expects to make an EBITDA would... Recommendation every trading day, targeting gains tattooed chef stock 5X… 10X… even 15X beyond... Not hold a position in any of the aforementioned securities every year Chef has generated $ 0.00 per. Property of chicago Mercantile Association: Certain market data is the tattooed chef stock chicago..., except for the quarter problem is we have to discount those earnings the! Any of the risks of getting to that number in the future up for Luke’s Hypergrowth... Put it bluntly, this means investors are paying up for Luke’s free Hypergrowth Investing newsletter. Click here find. Plant food stocks will be some of us a going vegan for animal purposes! Of the fourth year, sales are forecast to be on pages 33 34! The last year » most stock quote data provided by BATS making plant-based meat will continue to advance over. $ 8 and $ 10 million in EBITDA inch closer and closer to tasting and feeling just like meat. Potential over the next 5 to 10 years out how take account of the risks of getting that. Do with TTCF stock now has a market capitalization of $ 1.7 billion, this puts it at valuation! 5X for several years now, for a limited time, except for DJIA. Into more stores, TTCF stock has not been that low ever again,. Arnold Schwarzenegger is plant-based now, you’re probably asking yourself … why any.