The overvalued stock trades at 25x fiscal 2020 EPS estimates. And the obvious concern is that Beyond Meat doesn’t have the ‘meatless meat’ market to itself. Indeed, competition is intensifying. Tyson Foods (NYSE: TSN ), which sold its stake in Beyond Meat before the IPO, is entering the market. SHAK stock now trades for well over 100 times earnings, which would be excusable if earnings were expected to skyrocket next year. While earnings per share are expected to jump in 2017, the increase from 44 cents to 55 cents doesn't exactly qualify The U.S. stock market just became overvalued since the spring. When markets have stretched valuations, it raises the possibility of sharp sudden adjustments, the report warned.