Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, SNDL Inc’s stock clocked out at $2.02, up 0.50% from its previous closing price of $2.01. In other words, the price has increased by $0.50 from its previous closing price. On the day, 9.07 million shares were traded. SNDL stock price reached its highest trading level at $2.14 during the session, while it also had its lowest trading level at $1.94.
Ratios:
To gain a deeper understanding of SNDL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.99. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 5.03. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.11.
On August 16, 2022, Canaccord Genuity Upgraded its rating to Speculative Buy which previously was Hold but kept the price unchanged to $5.
BMO Capital Markets Upgraded its Underperform to Market Perform on May 03, 2022, whereas the target price for the stock was revised from $0.60 to $0.70.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNDL now has a Market Capitalization of 519847008 and an Enterprise Value of 461490784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 0.489 whereas that against EBITDA is -129.742.
Stock Price History:
The Beta on a monthly basis for SNDL is 3.88, which has changed by -0.064814806 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, SNDL has reached a high of $2.40, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is 40.52%, while the 200-Day Moving Average is calculated to be 24.54%.
Shares Statistics:
It appears that SNDL traded 2.28M shares on average per day over the past three months and 5811030 shares per day over the past ten days. A total of 257.35M shares are outstanding, with a floating share count of 254.03M. Insiders hold about 1.31% of the company’s shares, while institutions hold 15.31% stake in the company. Shares short for SNDL as of 1753920000 were 3151221 with a Short Ratio of 1.38, compared to 1751241600 on 3072428. Therefore, it implies a Short% of Shares Outstanding of 3151221 and a Short% of Float of 1.2200001.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $243.9M. It ranges from a high estimate of $243.9M to a low estimate of $243.9M. As of the current estimate, SNDL Inc’s year-ago sales were $237.59MFor the next quarter, 1 analysts are estimating revenue of $258.7M. There is a high estimate of $258.7M for the next quarter, whereas the lowest estimate is $258.7M.
A total of 1 analysts have provided revenue estimates for SNDL’s current fiscal year. The highest revenue estimate was $952.2M, while the lowest revenue estimate was $952.2M, resulting in an average revenue estimate of $952.2M. In the same quarter a year ago, actual revenue was $920.45MBased on 1 analysts’ estimates, the company’s revenue will be $991.6M in the next fiscal year. The high estimate is $991.6M and the low estimate is $991.6M.
