The price of SNDL Inc (NASDAQ: SNDL) closed at $2.04 in the last session, up 3.55% from day before closing price of $1.97. In other words, the price has increased by $+0.0700 from its previous closing price. On the day, 8197960 shares were traded. SNDL stock price reached its highest trading level at $2.1200 during the session, while it also had its lowest trading level at $1.9200.
Ratios:
We take a closer look at SNDL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.94. In the meantime, Its Debt-to-Equity ratio is 0.14 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 539.32M and an Enterprise Value of 513.73M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is -5.18.
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 1.4638, while the 200-Day Moving Average is calculated to be 1.5432.
Shares Statistics:
According to the various share statistics, SNDL traded on average about 4.23M shares per day over the past 3-months and 11.01M shares per day over the past 10 days. A total of 262.78M shares are outstanding, with a floating share count of 260.96M. Insiders hold about 0.81% of the company’s shares, while institutions hold 5.52% stake in the company. Shares short for SNDL as of Mar 15, 2024 were 11.13M with a Short Ratio of 2.63, compared to 9.95M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.24% and a Short% of Float of 4.24%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. 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 $0.07 and -$0.05 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.04, with 1 analysts recommending between $0.04 and $0.04.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $723.87M. It ranges from a high estimate of $735.03M to a low estimate of $712.7M. As of the current estimate, SNDL Inc’s year-ago sales were $672.18M, an estimated increase of 7.70% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for SNDL’s current fiscal year. The highest revenue estimate was $735.03M, while the lowest revenue estimate was $712.7M, resulting in an average revenue estimate of $723.87M. In the same quarter a year ago, actual revenue was $672.18M, up 7.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $795.52M in the next fiscal year. The high estimate is $795.52M and the low estimate is $795.52M. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.
