Should I buy or sell Stryve Foods stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stryve Foods in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SNAX shares. View SNAX analyst ratings or view top-rated stocks .

What is Stryve Foods' stock price target for 2024?

1 brokers have issued 12-month price targets for Stryve Foods' shares. Their SNAX share price targets range from $8.00 to $8.00. On average, they predict the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 475.5% from the stock's current price. View analysts price targets for SNAX or view top-rated stocks among Wall Street analysts .

How have SNAX shares performed in 2024?

Stryve Foods' stock was trading at $2.60 on January 1st, 2024. Since then, SNAX shares have decreased by 46.5% and is now trading at $1.39. View the best growth stocks for 2024 here .

Are investors shorting Stryve Foods?

Stryve Foods saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 82,300 shares, an increase of 32.3% from the March 15th total of 62,200 shares. Based on an average daily volume of 52,700 shares, the short-interest ratio is presently 1.6 days. Approximately 8.8% of the shares of the stock are sold short. View Stryve Foods' Short Interest .

When is Stryve Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our SNAX earnings forecast .

How were Stryve Foods' earnings last quarter?

Stryve Foods, Inc. (NASDAQ:SNAX) released its quarterly earnings results on Monday, April, 3rd. The company reported ($2.10) EPS for the quarter, topping the consensus estimate of ($2.40) by $0.30. The firm earned $5.41 million during the quarter, compared to analyst estimates of $5.98 million. Stryve Foods had a negative trailing twelve-month return on equity of 251.75% and a negative net margin of 107.52%. During the same quarter in the previous year, the firm earned ($8.70) earnings per share.

When did Stryve Foods' stock split?

Stryve Foods shares reverse split on Friday, July 14th 2023. The 1-15 reverse split was announced on Friday, July 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What guidance has Stryve Foods issued on next quarter's earnings?

Stryve Foods issued an update on its FY 2024 earnings guidance on Monday, April, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $24.0 million-$30.0 million, compared to the consensus revenue estimate of $37.7 million.

How do I buy shares of Stryve Foods?

Shares of SNAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SNAX

Stryve Foods (SNAX) Stock Price, News & Analysis

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Free SNAX Stock Alerts

$1.39

-0.06 (-4.14%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.33
▼
$1.50
50-Day Range: $1.14
▼
$1.53
52-Week Range: $1.04
▼
$12.75

Volume: 22,191 shs
Average Volume: 48,970 shs
Market Capitalization: $4.41 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.00

Get Stryve Foods alerts:

Stryve Foods MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 475.5% Upside
$8.00 Price Target
Short Interest: Bearish
8.76% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.51
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.70 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Stryve Foods has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Stryve Foods has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
8.76% of the float of Stryve Foods has been sold short.
Short Interest Ratio / Days to Cover
Stryve Foods has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Stryve Foods has recently increased by 32.32%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Stryve Foods does not currently pay a dividend.
Dividend Growth
Stryve Foods does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SNAX.

3.1

News and Social Media Coverage

News Sentiment
Stryve Foods has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Stryve Foods this week, compared to 1 article on an average week.
Search Interest
1 people have searched for SNAX on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added Stryve Foods to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stryve Foods insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.33% of the stock of Stryve Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
40.28% of the stock of Stryve Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Stryve Foods is -0.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stryve Foods is -0.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Stryve Foods has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Stryve Foods Stock (NASDAQ:SNAX)

Stryve Foods, Inc. manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails. The company distributes its products through retail channels, including grocery, club stores, and other retail outlets; convenience store; mass merchants; and directly to consumers through its e-commerce websites, as well as directly to consumer through the Amazon and Walmart platforms. Stryve Foods, Inc. was founded in 2017 and is headquartered in Plano, Texas.

SNAX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SNAX Stock News Headlines

April 17, 2024 | msn.com

Stryve Foods (SNAX) Price Target Decreased by 77.78% to 4.08

April 15, 2024 | americanbankingnews.com

Stryve Foods, Inc. (NASDAQ:SNAX) Sees Significant Increase in Short Interest

April 19, 2024 | Crypto 101 Media (Ad)

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April 11, 2024 | investorplace.com

Don't Be Left Holding the Bag: 3 Stocks Stocks to Sell ASAP

April 9, 2024 | americanbankingnews.com

Stryve Foods (NASDAQ:SNAX) versus Borealis Foods (NASDAQ:BRLS) Head-To-Head Contrast

April 2, 2024 | finance.yahoo.com

Stryve Foods, Inc. (NASDAQ:SNAX) Q4 2023 Earnings Call Transcript

April 1, 2024 | investorplace.com

SNAX Stock Earnings: Stryve Foods Beats EPS, Misses Revenue for Q4 2023

April 1, 2024 | benzinga.com

Stryve Foods: Q4 Earnings Insights

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 1, 2024 | globenewswire.com

Stryve Foods, Inc. Reports Full Year Fiscal 2023 Results

March 27, 2024 | globenewswire.com

Stryve Foods, Inc. Announces Timing of Fiscal Year 2023 Results

March 20, 2024 | globenewswire.com

Stryve and Bitcoin – BTC Sweepstakes Launches Today

March 12, 2024 | globenewswire.com

Stryve Foods is Proud to Announce New and Improved Retail Packaging Showcasing Thinly Sliced Steak: A Game-Changer in Snacking

March 5, 2024 | globenewswire.com

Stryve and Bitcoin – Creative Strategies to Generate Consumer Awareness, Drive Trial, and Build Loyalty – BTC Sweepstakes Announced

February 21, 2024 | benzinga.com

Top 4 Risk Off Stocks That May Explode In February - Herbalife (NYSE:HLF), Nu Skin Enterprises (NYSE:NUS)

February 6, 2024 | finance.yahoo.com

Several Insiders Invested In Stryve Foods Flagging Positive News

February 1, 2024 | finance.yahoo.com

Stryve Foods Expands Distribution Footprint, Now Available at Leading Retailers Across the Nation

December 21, 2023 | benzinga.com

Stryve Foods Stock (NASDAQ:SNAX) Dividends: History, Yield and Dates

December 13, 2023 | finance.yahoo.com

Stryve Foods Announces Strategic Partnership with Acosta Group to Drive Retail Sales and Distribution Growth

November 28, 2023 | finance.yahoo.com

Stryve Foods Announces Major Distribution Expansion into Leading Retailers Across the United States

November 27, 2023 | msn.com

Stryve Foods CEO discloses purchase of 4k shares

November 20, 2023 | finanznachrichten.de

Stryve Foods, Inc.: Stryve Expands Distribution of Vacadillos, Now Available Nationwide at Albertsons Companies Inc. Stores

November 20, 2023 | finance.yahoo.com

Stryve Expands Distribution of Vacadillos, Now Available Nationwide at Albertsons Companies Inc. Stores

November 17, 2023 | finance.yahoo.com

Many Still Looking Away From Stryve Foods, Inc. (NASDAQ:SNAX)

November 16, 2023 | finance.yahoo.com

Stryve Foods, Inc. (NASDAQ:SNAX) Q3 2023 Earnings Call Transcript

November 14, 2023 | msn.com

Stryve Foods Non-GAAP EPS of -$1.66 misses by $0.01, revenue of $4.2M misses by $2.08M

November 14, 2023 | finance.yahoo.com

Stryve Foods, Inc. Reports Third Quarter Fiscal 2023 Results

See More Headlines

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Company Calendar

Last Earnings: 4/03/2023
Today: 4/19/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Food & kindred products
Sub-Industry: N/A
Current Symbol: NASDAQ:SNAX
CUSIP: N/A
CIK: 1691936
Web: stryve.com
Phone: 972-987-5130
Fax: N/A
Employees: 86
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +475.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($8.6289)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-19,040,000.00
Net Margins: -107.52%
Pretax Margin: -107.51%
Return on Equity: -251.75%
Return on Assets: -49.33%

Debt

Debt-to-Equity Ratio: 9.65
Current Ratio: 0.53
Quick Ratio: 0.20

Sales & Book Value

Annual Sales: $17.71 million
Price / Sales: 0.25
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.60 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 3,170,000
Free Float: 2,586,000
Market Cap: $4.41 million
Optionable: Not Optionable
Beta: 1.01

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Key Executives

Mr. Ted Casey (Age 54)
Co-Founder & Chairman of the Board
Comp: $20.5k
Mr. Christopher J. Boever (Age 57)
CEO & Director
Comp: $291.12k
Mr. R. Alex Hawkins CFA (Age 38)
Chief Financial Officer
Comp: $407k
Ms. Norma L Garcia
General Counsel, Corporate Secretary & Chief Human Resources Officer
Mr. Warren Pala
Chief Manufacturing Officer
Eric Fleming
Chief Supply Chain Officer
Ms. Katie Grady
Chief Customer Officer
Sandy Martin
Investor Relations Contact

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SNAX Stock Analysis - Frequently Asked Questions

Should I buy or sell Stryve Foods stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stryve Foods in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SNAX shares.
View SNAX analyst ratings or view top-rated stocks.
What is Stryve Foods' stock price target for 2024?: 1 brokers have issued 12-month price targets for Stryve Foods' shares. Their SNAX share price targets range from $8.00 to $8.00. On average, they predict the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 475.5% from the stock's current price.
View analysts price targets for SNAX or view top-rated stocks among Wall Street analysts.
How have SNAX shares performed in 2024?: Stryve Foods' stock was trading at $2.60 on January 1st, 2024. Since then, SNAX shares have decreased by 46.5% and is now trading at $1.39.
View the best growth stocks for 2024 here.
Are investors shorting Stryve Foods?: Stryve Foods saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 82,300 shares, an increase of 32.3% from the March 15th total of 62,200 shares. Based on an average daily volume of 52,700 shares, the short-interest ratio is presently 1.6 days. Approximately 8.8% of the shares of the stock are sold short.
View Stryve Foods' Short Interest.
When is Stryve Foods' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our SNAX earnings forecast.

How were Stryve Foods' earnings last quarter?: Stryve Foods, Inc. (NASDAQ:SNAX) released its quarterly earnings results on Monday, April, 3rd. The company reported ($2.10) EPS for the quarter, topping the consensus estimate of ($2.40) by $0.30. The firm earned $5.41 million during the quarter, compared to analyst estimates of $5.98 million. Stryve Foods had a negative trailing twelve-month return on equity of 251.75% and a negative net margin of 107.52%. During the same quarter in the previous year, the firm earned ($8.70) earnings per share.
When did Stryve Foods' stock split?: Stryve Foods shares reverse split on Friday, July 14th 2023. The 1-15 reverse split was announced on Friday, July 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.
What guidance has Stryve Foods issued on next quarter's earnings?: Stryve Foods issued an update on its FY 2024 earnings guidance on Monday, April, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $24.0 million-$30.0 million, compared to the consensus revenue estimate of $37.7 million.
How do I buy shares of Stryve Foods?: Shares of SNAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SNAX) was last updated on 4/19/2024 by MarketBeat.com Staff

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Stryve Foods (SNAX) Stock Price, News & Analysis

Stryve Foods MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Stryve Foods Stock (NASDAQ:SNAX)

SNAX Stock Price History

SNAX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SNAX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™