If so, then why haven’t plant-based diets reached ubiquity yet? TTCF | Complete Tattooed Chef Inc. stock news by MarketWatch. Eat. And the runway is clear for takeoff. It’s not just the tree-huggers, or the animal rights activists, or the super athletes or the trendsetters who are going vegan. Because, you see, plant-based diets are the future. All of those stocks have enormous upside potential over the next 5 to 10 years. 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. A Warner Media Company. 7 Great Sub-$20 Stocks to Buy After Inauguration Day Moreover, page 34 shows the company’s forecasts for sales growth through to 2026. Discover tunes and artists currently on heavy rotation at TCHQ, with our Taste the Jams spotify playlist curated by Sarah. Tennis legend Novak Djokovic has been plant-based for over a decade. All rights reserved. For those who don’t follow college football, here’s a quick recap: The list goes on and on. All rights reserved. Subscribe to Premium to view Fair Value for TTCF. Tattooed Chef (NASDAQ:TTCF) Earnings Information. If anything, that is a full valuation, by any measure. By 2022, it expects to make an EBITDA margin in the mid-teens. The company's products include ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls and cauliflower pizza crusts. A switch to plant-based diets is a win-win-win for all involved parties. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. 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. What to Do With TTCF Stock Most investors will want to see the company earnings statements for the next several quarters. 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. TTCF stock is a play on the growing interest … 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. But on the other hand, the company also has worrisome weaknesses, a major threat and a … Fields joins a long list of big-time athletes who have switched to vegan diets over the past few years and seen remarkable results. In fact, it recently reached a peak of $26.81 on Jan. 14, before settling at $24.08 at close on Jan. 21. 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 … 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). Some of us are pivoting because doing so helps save the environment, as farm animals produce more carbon emissions in Europe than cars. View daily, weekly or monthly … 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. But without any company news, investors may be wondering why. This is despite a … Sarah's Story. Mark Hake runs the Total Yield Value Guide, which you can review here. In perhaps the most shocking twist, former bodybuilding legend Arnold Schwarzenegger is plant-based now, too. That is when it expects to make between $8 and $10 million in EBITDA. Follow Us. 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. 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. 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. But the problem is we have to discount those earnings in the future to bring them back to their present value. Source: Shutterstock When Kerrisdale Capital came out with its short report, the stock fell a bit from $15.70 down to $14.94. The reported ($1.12) earnings per share for the quarter. But TTCF stock has not been that low ever again. ... All quotes are in local exchange time. All rights reserved. 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). The post 6 Hot Vegan Stocks That Will Make You Go Plant-Based appeared first on InvestorPlace. From an investor’s standpoint, the most important ones seem to be on pages 33 and 34. In fact, it is not until 2026 that the company’s market valuation today begins to look reasonable. Fresh batch every month! The point doesn’t change. Do this now. Pre-Market 0.17 (0.73%) As they do, plant food stocks will be some of the biggest winners on Wall Street this decade. 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? That puts it at a valuation of 1.7 times 2026 sales. The post Tattooed Chef Looks Fully Valued Despite Expectations of Growth appeared first on InvestorPlace. Most stock quote data provided by BATS. Radical New Battery Could Dismantle Oil Markets Valuation Issues To put it bluntly, this means investors are paying up for uncertain growth prospects. 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. 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. Therefore, as long as the company stays on a trajectory for this to happen, TTCF stock will do well. The college football semifinal games for the 2020 season were played last Friday. 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). Tattooed Chef. As it does, plant-based meat will inch closer and closer to tasting and feeling just like animal-based meat. “Once you realize how different it makes your body feel, you want to keep going with it.” Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. Both will pay dividends in the long run. 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. Get the latest Tattooed Chef, Inc. TTCF detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. So, don’t be afraid to either adopt a more plant-forward diet or to buy some plant food stocks … This helps take account of the risks of getting to that number in the future. Because Fields is vegan. Tattooed Chef Shows Massive Upside in Plant-Based Foods for the Masses. Tattooed Chef Inc. is a plant-based food company offering portfolio of plant-based food products. At least in that case the investors know that they can lower their average cost. I just liked how I felt after that and I just kept going on from there. Tattooed Chef hopes to make plant-based foods tasty and more mainstream. This will allow them to see if the company is still on a growth glide path that justifies its present valuation. Tattooed Chef (TTCF) stock price, charts, trades & the US's most popular discussion forums. 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 to plant-based diets for the same performance and health reasons that Justin Fields made the switch. 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 Some of us are doing it to be “cool.” Some of us a going vegan for animal welfare purposes. Let’s briefly compare Tattooed Chef, Inc. (TTCF) stock to its peers. Jam. 15 Short-Squeeze Stocks Doubling as Strong Stocks to Buy On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. What Fields did last Friday was unprecedented. Coming into the 2020 season, Fields switched up his diet to be entirely plant-based. “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. Tattooed Chef Inc., formerly known as Forum Merger II … 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. The New Daily 10X Stock Report: Dozens of triple-digit winners, peak gains as high as 926%… 1,326%… and 1,392%. In addition, you can sign up for Luke’s free Hypergrowth Investing newsletter. Click here to sign up 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. Tattooed Chef is thinly-covered on Wall Street, with Roth Capital holding down the fort with a Buy rating . 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. Plant-based diets will go from niche in 2020, to everywhere by 2030. Tattooed Chef last posted its earnings results on November 9th, 2020. They’re better for the cows. Factset: FactSet Research Systems Inc.2019. Tattooed Chef is up 2.07% after yesterday's slide. Currency in USD, Trade prices are not sourced from all markets. That leaves TTCF stock with a very high valuation of 35 times EBITDA earnings. Boxing legend Mike Tyson was vegan throughout the 2010s. 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. But if not, some of the fears and skepticism from the short report could come to pass. 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. See all stocks on the move » The stock … Free forex prices, toplists, indices and lots more. Tattooed Chef Inc. Wt company facts, information and financial ratios from MarketWatch. Get the latest TTCF: Tattooed Chef, Inc. detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.. He went on to have one of the most impressive seasons of his career in 2020, which he credits to going plant-based: 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. First it started off as a 28-day challenge, it was really a cleanse. Now, for a limited time, you can get in for just $19. Click here to find out how. Actually, some of us are. And now, you’re probably asking yourself … why does any of this matter? © 2021 Verizon Media. Disclaimer. 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. Because of shortcomings related to taste, access and cost – but these shortcomings are transient. And together, they are sparking a seismic shift toward plant-based diets that will permanently and significantly impact all of us. Find real-time TTCF - Tattooed Chef Inc stock quotes, company profile, news and forecasts from CNN Business. There are a great many reasons why consumers are going plant-based, and that’s partly why this trend is so pervasive. The obstacles are being removed. Combined. Why Everyone Is Investing in 5G All WRONG All Rights Reserved. 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. 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. 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. 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. The post Don't Pull the Trigger on Tattooed Chef Ye... InvestorPlace - 1 week ago Tattooed Chef Looks Fully Valued Despite Expectations of Growth 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. Tattooed Chef Inc. analyst estimates, including TTCF earnings per share estimates and analyst recommendations. Let's be Insta Pals. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Given that it projects sales of just $300 million, a 15% EBITDA margin would be $45 million. TTCF stock could be weighed down by Tattooed Chef's stiff competition, failure to penetrate the supermarkets and lack of a well-known brand. 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. View TTCF: Tattooed Chef, Inc.investment & stock information. 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. Recently public Tattooed Chef (NASDAQ: TTCF) is having a tasty day in the stock market, up nearly 10% in intraday trading. More From InvestorPlace Top Stock Picker Reveals His Next 1,000% Winner 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. 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. That implies its valuation is 16.7 times the present value of 2026 EBITDA. InvestorPlace’s bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X… 10X… even 15X and beyond. Enjoy. Get Tattooed Chef Inc (TTCF:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. They’re better for you. 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. On $1 billion in sales that implies $200 million in forecast EBITDA. Tattooed Chef has generated $0.00 earnings per share over the last year. The underlying technology behind making plant-based meat will continue to advance significantly over the next few years. At the end of the fourth year, sales are forecast to be $1 billion. CNN Sans™ & © 2016 Cable News Network. I’m doing it now and I feel great, my body feels great and I feel faster and stronger.” He said in an October interview: Folks, the headwinds are passing. Hot Stocks to Play the Vegan Megatrend 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. Professional athletes, for whom physical performance and health is of the utmost importance, are going plant-based.  View Tattooed Chef, Inc. TTCF investment & stock information. About the Tattooed Chef, Inc. stock forecast. Tattooed Chef is a SPAC of a different flavor – literally – because it’s involved in the healthy foods space. As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Maybe the rest of us should start listening … 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). View real-time stock prices and stock quotes for a full financial overview. You get the point. All times are ET. 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. If its packaged foods get into more stores, TTCF stock could soar. Women’s soccer star Alex Morgan is vegan. 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. © 2020 Cable News Network. It’s all of them. They’re better for the environment. TTCF 23.43 0.28 (1.21%). Discover historical prices for TTCF stock on Yahoo Finance. 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Earnings per share estimates and analyst recommendations share over the next few years can review here puts! Position in any of this writing, Mark Hake runs the Total Yield Value Guide, which is delayed two., access and cost – but these shortcomings are transient you’re probably asking …. Animals produce more carbon emissions in Europe than cars © S & P Dow Jones indices LLC 2019 and/or affiliates. This puts it at tattooed chef stock valuation of 35 times EBITDA earnings years now, too vegan the!