Stryve Foods (SNAX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $0.89 to $0.93
• 50-Day Range: $0.77 to $1.80
• 52-Week Range: $0.75 to $3.45
• Volume: 59,100 shs
• Average Volume: 65,578 shs
• Market Capitalization: $3.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Stryve Foods Stock Analysis - MarketRank™

Stryve Foods scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Stryve Foods.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Stryve Foods is -0.17, 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 -0.17, 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 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

16.23% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Stryve Foods has recently decreased by 28.78%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Stryve Foods does not currently pay a dividend.

Dividend Growth

Stryve Foods does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.23% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Stryve Foods has recently decreased by 28.78%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.62

News Sentiment

Stryve Foods has a news sentiment score of 0.62. 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 10 news articles for Stryve Foods this week, compared to 0 articles on an average week.

Search Interest

3 people have searched for SNAX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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

26.04% 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.

SNAX Stock Analysis - Frequently Asked Questions

How have SNAX shares performed this year?

Stryve Foods' stock was trading at $2.60 at the beginning of the year. Since then, SNAX stock has decreased by 64.3% and is now trading at $0.9294.
View the best growth stocks for 2024 here.

How were Stryve Foods' earnings last quarter?

Stryve Foods, Inc. (NASDAQ:SNAX) posted its quarterly earnings data on Tuesday, May, 14th. The company reported ($1.42) EPS for the quarter, topping the consensus estimate of ($1.76) by $0.34. The company had revenue of $4.60 million for the quarter, compared to the consensus estimate of $4.51 million. Stryve Foods had a negative net margin of 79.07% and a negative trailing twelve-month return on equity of 2,100.61%.

When did Stryve Foods' stock split?

Stryve Foods's stock reverse split before market open 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 market closes 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.

Who are Stryve Foods' major shareholders?

Top institutional investors of Stryve Foods include CWA Asset Management Group LLC (6.91%). Insiders that own company stock include Christopher J Boever, B Luke Weil, Ted Casey, Alex Hawkins, Gregory Stephen Christenson and Joe A Oblas.
View institutional ownership trends.

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.

What other stocks do shareholders of Stryve Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Stryve Foods investors own include Sangamo Therapeutics (SGMO), Aspen Group (ASPU), Avalo Therapeutics (AVTX), Barnwell Industries (BRN), China Liberal Education (CLEU), Calumet Specialty Products Partners (CLMT) and Jowell Global (JWEL).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Food & kindred products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:SNAX
• CUSIP: N/A
• CIK: 1691936
• Web: stryve.com
• Phone: 972-987-5130
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($5.47)
• 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: -79.07%
• Pretax Margin: -95.05%
• Return on Equity: -2,100.61%
• Return on Assets: -47.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.42
• Quick Ratio: 0.19

Sales & Book Value

• Annual Sales: $17.71 million
• Price / Sales: 0.18
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.60 per share
• Price / Book: 1.55

Miscellaneous

• Outstanding Shares: 3,350,000
• Free Float: 2,474,000
• Market Cap: $3.11 million
• Optionable: Not Optionable
• Beta: 1.10