Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
SNDL Inc (NASDAQ: SNDL) closed the day trading at $1.41 down -5.37% from the previous closing price of $1.49. In other words, the price has decreased by -$5.37 from its previous closing price. On the day, 4.07 million shares were traded. SNDL stock price reached its highest trading level at $1.45 during the session, while it also had its lowest trading level at $1.35.
Ratios:
For a better understanding of SNDL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.73. For the most recent quarter (mrq), Quick Ratio is recorded 3.67 and its Current Ratio is at 5.10. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 362784544 and an Enterprise Value of 289582848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 0.315 whereas that against EBITDA is -31.711.
Stock Price History:
The Beta on a monthly basis for SNDL is 3.67, which has changed by -0.39999998 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, SNDL has reached a high of $2.93, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is -5.67%, while the 200-Day Moving Average is calculated to be -24.13%.
Shares Statistics:
Over the past 3-months, SNDL traded about 1.77M shares per day on average, while over the past 10 days, SNDL traded about 1620480 shares per day. A total of 263.02M shares are outstanding, with a floating share count of 253.90M. Insiders hold about 1.32% of the company’s shares, while institutions hold 15.38% stake in the company. Shares short for SNDL as of 1744675200 were 3563928 with a Short Ratio of 2.02, compared to 1741910400 on 3478339. Therefore, it implies a Short% of Shares Outstanding of 3563928 and a Short% of Float of 1.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
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.
Revenue Estimates
1 analysts predict $243.3M in revenue for the current quarter. It ranges from a high estimate of $243.3M to a low estimate of $243.3M. As of the current estimate, SNDL Inc’s year-ago sales were $228.13MFor the next quarter, 1 analysts are estimating revenue of $256.4M. There is a high estimate of $256.4M for the next quarter, whereas the lowest estimate is $256.4M.
A total of 1 analysts have provided revenue estimates for SNDL’s current fiscal year. The highest revenue estimate was $939.7M, while the lowest revenue estimate was $939.7M, resulting in an average revenue estimate of $939.7M. In the same quarter a year ago, actual revenue was $920.45MBased on 1 analysts’ estimates, the company’s revenue will be $981.3M in the next fiscal year. The high estimate is $981.3M and the low estimate is $981.3M.
