Beyond Meat (BYND) will report fiscal Q4 (Dec) results and its fourth report as a publicly traded company this afternoon; a call is scheduled for 16:30

The company has guided for ~$20 mln EBITDA for FY 19 (implying Q4 revs of ~$4.21 mln) on revenue of $265-275 mln ($88 mln in 2018).

TECHS:

The 130 level has shown to be resistance and shares are currently trading right at support at the 107 level.

The biggest headwinds for the business currently is capacity constraints and the virus.

With a ~$6.6 bln market value, BYND still trades at an outrageous ~28x sales multiple vs. the average for protein producers at 1x sales and the average for consumer packaged goods stocks at less than 4x sales.

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