Analyzing SNDL Inc (SNDL)’s quick and current ratios

SNDL Inc (NASDAQ: SNDL) closed the day trading at $1.31 down -2.24% from the previous closing price of $1.34. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 2351745 shares were traded.

Ratios:

For a better understanding of SNDL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 4.33. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.

On May 03, 2022, BMO Capital Markets Upgraded its rating to Market Perform which previously was Underperform and also upped its target price recommendation from $0.60 to $0.70.

Canaccord Genuity Downgraded its Hold to Sell on March 19, 2021, whereas the target price for the stock was revised from $0.40 to $0.65.

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 342.30M and an Enterprise Value of 313.91M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 0.35 whereas that against EBITDA is -1.84.

Stock Price History:

Over the past 52 weeks, SNDL has reached a high of $2.36, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 1.4085, while the 200-Day Moving Average is calculated to be 1.5251.

Shares Statistics:

Over the past 3-months, SNDL traded about 3.14M shares per day on average, while over the past 10 days, SNDL traded about 2.59M shares per day. A total of 260.49M shares are outstanding, with a floating share count of 258.39M. Insiders hold about 0.81% of the company’s shares, while institutions hold 5.57% stake in the company. Shares short for SNDL as of Feb 29, 2024 were 10.17M with a Short Ratio of 3.24, compared to 9.64M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.89% and a Short% of Float of 3.89%.

Earnings Estimates

Current recommendations for the stock of the company come from 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.15. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.22, with 2 analysts recommending between -$0.07 and -$0.36.

Revenue Estimates

1 analysts predict $182.59M in revenue for the current quarter. It ranges from a high estimate of $175.79M to a low estimate of $175.79M. As of the current estimate, SNDL Inc’s year-ago sales were $17.04M, an estimated increase of 971.60% from the year-ago figure.

A total of 1 analysts have provided revenue estimates for SNDL’s current fiscal year. The highest revenue estimate was $519.07M, while the lowest revenue estimate was $519.07M, resulting in an average revenue estimate of $540.93M. In the same quarter a year ago, actual revenue was $42.1M, up 1,185.00% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $672.27M in the next fiscal year. The high estimate is $673.62M and the low estimate is $670.91M. The average revenue growth estimate for next year is up 24.30% from the average revenue estimate for this year.

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