SNDL Inc (NASDAQ:SNDL) traded at $2.01 at close of the session on Monday, April 29, remained unchanged from its previous day’s price.
Looking at the stock we see that its previous close was $2.01. In terms of its 52-week price range, SNDL has a high of $2.67 and a low of $1.25. The company’s stock has gained about 0.25% over that past 30 days.
SNDL Inc has a market cap of $528.79 million. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at $0.01 for 2024 and $0.04 for next year. These figures represent 102.00% and 300.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $152.95 million, with a low of $152.95 million and a high of $152.95 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $715.36 million, or 7.70% up from figures reported last year.
On the other hand, looking at the outlook for the SNDL stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note the current price level is -1.57% off its SMA20 and 18.01% from its 50-day simple moving average. The RSI (14) is pointing at 54.66 while the volatility over the past week is 6.46% and jumps to 9.42% over the past one month. The beta value is 3.37, while the average true range (ATR) is currently pointing at 0.15.
Coming back to SNDL Inc (NASDAQ:SNDL), we note that the average 3-month trading volume was 5.63 million. Current shares outstanding are 262.78 million.
The insiders hold 0.62% of the company’s shares while institutions hold 5.48%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 22.56% up in year-to-date price movement.
