SNDL (NASDAQ:SNDL - Get Free Report) posted its earnings results on Tuesday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.18), Zacks reports. SNDL had a negative return on equity of 8.27% and a negative net margin of 12.11%. The company had revenue of $179.06 million for the quarter, compared to analyst estimates of $248.10 million.
SNDL Stock Performance
SNDL traded up $0.01 on Friday, reaching $1.58. The company had a trading volume of 1,284,171 shares, compared to its average volume of 3,270,646. The stock has a market cap of $415.19 million, a P/E ratio of -5.10 and a beta of 3.39. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.16 and a current ratio of 5.61. SNDL has a fifty-two week low of $1.42 and a fifty-two week high of $2.93. The company's fifty day moving average is $1.70 and its 200 day moving average is $1.88.
Wall Street Analyst Weigh In
Separately, ATB Capital boosted their price target on SNDL from $3.50 to $4.00 in a report on Wednesday.
View Our Latest Analysis on SNDL
About SNDL
(
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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.
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