The closing price of SNDL Inc (NASDAQ: SNDL) was $2.09 for the day, down -7.93% from the previous closing price of $2.27. In other words, the price has decreased by -$0.1800 from its previous closing price. On the day, 9133511 shares were traded.
Ratios:
Our analysis of SNDL’s different ratios will help us gain a deeper understanding of the company. 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 597.20M and an Enterprise Value of 571.74M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 0.63 whereas that against EBITDA is -5.77.
Stock Price History:
Over the past 52 weeks, SNDL has reached a high of $2.67, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 1.5478, while the 200-Day Moving Average is calculated to be 1.5651.
Shares Statistics:
SNDL traded an average of 5.20M shares per day over the past three months and 14.26M shares per day over the past ten days. A total of 262.78M shares are outstanding, with a floating share count of 261.43M. Insiders hold about 0.63% 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 2.14, 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 firm’s stock currently is rated by 0 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
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $730.59M to a low estimate of $708.39M. As of the current estimate, SNDL Inc’s year-ago sales were $668.12M, 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 $730.59M, while the lowest revenue estimate was $708.39M, resulting in an average revenue estimate of $719.49M. In the same quarter a year ago, actual revenue was $668.12M, up 7.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $790.71M in the next fiscal year. The high estimate is $790.71M and the low estimate is $790.71M. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.
