After finishing at $1.73 in the prior trading day, SNDL Inc (NASDAQ: SNDL) closed at $1.97, up 13.87%. In other words, the price has increased by $+0.2400 from its previous closing price. On the day, 14942411 shares were traded.
Ratios:
Our goal is to gain a better understanding of SNDL by taking a closer look at its different ratios. 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 516.96M and an Enterprise Value of 491.49M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is -4.96.
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 1.4149, while the 200-Day Moving Average is calculated to be 1.5307.
Shares Statistics:
The stock has traded on average 3.65M shares per day over the past 3-months and 7.9M shares per day over the last 10 days, according to various share statistics. 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 Feb 29, 2024 were 10.17M with a Short Ratio of 2.79, 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
Its stock is currently analyzed by 0 different market analysts. 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
2 analysts predict $719.1M in revenue for the current quarter. It ranges from a high estimate of $730.19M to a low estimate of $708.01M. As of the current estimate, SNDL Inc’s year-ago sales were $667.76M, 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 $730.19M, while the lowest revenue estimate was $708.01M, resulting in an average revenue estimate of $719.1M. In the same quarter a year ago, actual revenue was $667.76M, up 7.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $790.28M in the next fiscal year. The high estimate is $790.28M and the low estimate is $790.28M. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.
