FY2025 Earnings Forecast for SNDL Issued By Atb Cap Markets

SNDL Inc. (NASDAQ:SNDL - Free Report) - Atb Cap Markets dropped their FY2025 earnings estimates for shares of SNDL in a report released on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings of ($0.15) per share for the year, down from their previous estimate of ($0.01). The consensus estimate for SNDL's current full-year earnings is ($0.09) per share.

Separately, ATB Capital lifted their target price on SNDL from $3.50 to $4.00 in a report on Wednesday, March 19th.

SNDL Stock Performance

NASDAQ:SNDL traded down $0.05 during mid-day trading on Friday, hitting $1.54. 944,760 shares of the stock were exchanged, compared to its average volume of 3,170,087. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.16 and a current ratio of 5.61. The firm's 50-day simple moving average is $1.69 and its 200 day simple moving average is $1.87. SNDL has a fifty-two week low of $1.48 and a fifty-two week high of $2.93. The stock has a market capitalization of $404.68 million, a price-to-earnings ratio of -4.97 and a beta of 3.39.

SNDL (NASDAQ:SNDL - Get Free Report) last issued its quarterly earnings data on Tuesday, March 18th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.18). The firm had revenue of $179.06 million for the quarter, compared to the consensus estimate of $248.10 million. SNDL had a negative return on equity of 8.27% and a negative net margin of 12.11%.

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Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SNDL. State Street Corp grew its position in SNDL by 1.5% during the third quarter. State Street Corp now owns 353,107 shares of the company's stock worth $727,000 after buying an additional 5,246 shares in the last quarter. Newman Dignan & Sheerar Inc. grew its holdings in shares of SNDL by 18.4% during the 4th quarter. Newman Dignan & Sheerar Inc. now owns 64,420 shares of the company's stock worth $115,000 after purchasing an additional 10,000 shares in the last quarter. Invesco Ltd. grew its holdings in shares of SNDL by 1.3% during the 4th quarter. Invesco Ltd. now owns 806,812 shares of the company's stock worth $1,444,000 after purchasing an additional 10,134 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of SNDL in the fourth quarter worth $25,000. Finally, Graham Capital Management L.P. raised its stake in SNDL by 11.6% in the fourth quarter. Graham Capital Management L.P. now owns 138,827 shares of the company's stock valued at $248,000 after purchasing an additional 14,461 shares in the last quarter.

SNDL Company Profile

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.