FY2025 Earnings Estimate for SNDL Issued By Atb Cap Markets

SNDL Inc. (NASDAQ:SNDL) – Equities researchers at Atb Cap Markets dropped their FY2025 earnings estimates for shares of SNDL in a note issued to investors on Tuesday, November 4th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings per share of ($0.06) for the year, down from their previous forecast of ($0.02). The consensus estimate for SNDL’s current full-year earnings is ($0.09) per share.

Several other analysts also recently commented on the company. Alliance Global Partners started coverage on SNDL in a research note on Wednesday, September 3rd. They set a “buy” rating and a $5.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of SNDL in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered SNDL from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $4.50.

SNDL Trading Up 1.1%

Shares of NASDAQ SNDL opened at $1.78 on Friday. SNDL has a twelve month low of $1.15 and a twelve month high of $2.89. The stock has a market cap of $467.75 million, a price-to-earnings ratio of -6.85 and a beta of 3.70. The company has a quick ratio of 3.36, a current ratio of 5.04 and a debt-to-equity ratio of 0.11. The company’s fifty day moving average is $2.39 and its 200-day moving average is $1.83.

SNDL (NASDAQ:SNDL) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $175.35 million for the quarter, compared to analyst estimates of $242.98 million. SNDL had a negative net margin of 9.66% and a negative return on equity of 8.28%.

Hedge Funds Weigh In On SNDL

Large investors have recently modified their holdings of the business. Traynor Capital Management Inc. acquired a new stake in shares of SNDL in the third quarter valued at about $27,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in SNDL in the first quarter valued at approximately $30,000. Hilton Capital Management LLC acquired a new position in shares of SNDL during the 2nd quarter worth approximately $30,000. Quantbot Technologies LP increased its position in shares of SNDL by 815.0% during the 1st quarter. Quantbot Technologies LP now owns 21,667 shares of the company’s stock worth $31,000 after purchasing an additional 19,299 shares during the last quarter. Finally, Oxford Asset Management LLP bought a new stake in shares of SNDL during the 2nd quarter worth approximately $44,000.

About SNDL

SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.