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.
After finishing at $40.44 in the prior trading day, Sandisk Corp (NASDAQ: SNDK) closed at $38.78, down -4.10%. In other words, the price has decreased by -$4.10 from its previous closing price. On the day, 1.76 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SNDK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on April 23, 2025, initiated with a Neutral rating and assigned the stock a target price of $32.
On April 03, 2025, Susquehanna started tracking the stock assigning a Positive rating and target price of $70.
On March 24, 2025, Wedbush started tracking the stock assigning a Outperform rating and target price of $80.Wedbush initiated its Outperform rating on March 24, 2025, with a $80 target price.
Stock Price History:
Over the past 52 weeks, SNDK has reached a high of $58.36, while it has fallen to a 52-week low of $27.89. The 50-Day Moving Average of the stock is -5.16%, while the 200-Day Moving Average is calculated to be -8.23%.
Shares Statistics:
A total of 145.00M shares are outstanding, with a floating share count of 115.36M. Insiders hold about 20.60% of the company’s shares, while institutions hold 74.07% stake in the company.
Earnings Estimates
Currently, 9 analysts are dedicated to thoroughly evaluating and rating the performance of Sandisk Corp (SNDK) in the stock market.The consensus estimate for the next quarter is $0.68, with high estimates of $0.97 and low estimates of $0.3.
Analysts are recommending an EPS of between $2.81 and $1.81 for the fiscal current year, implying an average EPS of $2.49. EPS for the following year is $5.2, with 10.0 analysts recommending between $7.9 and $3.54.
Revenue Estimates
For the next quarter, 8 analysts are estimating revenue of $1.94B. There is a high estimate of $2.03B for the next quarter, whereas the lowest estimate is $1.84B.
Based on 9 analysts’ estimates, the company’s revenue will be $8.15B in the next fiscal year. The high estimate is $8.45B and the low estimate is $7.53B.
