Take off with SNDL Inc (SNDL): Get ready for trading

With 8.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.14 million shares. During the session, the Beverages – Wineries & Distilleries company that operates in wider Consumer Defensive sector, reached to the highest price of $2.4098 whereas the lowest price it dropped to was $2.1600. The 52-week range on SNDL shows that it touched its highest point at $2.67 and its lowest point at $1.25 during that stretch. It currently has a 1-year price target of $3.57. Beta for the stock currently stands at 3.38.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SNDL was up-trending over the past week, with a rise of 15.23%, but this was up by 70.68% over a month. Three-month performance surged to 40.99% while six-month performance rose 32.75%. The stock gained 53.38% in the past year, while it has gained 38.41% so far this year. A look at the trailing 12-month EPS for SNDL yields -0.49 with Next year EPS estimates of 0.04. For the next quarter, that number is -0.04. This implies an EPS growth rate of 102.30% for this year and 233.33% for next year.

Float and Shares Shorts:

At present, 262.78 million SNDL shares are outstanding with a float of 261.43 million shares on hand for trading. On Mar 15, 2024, short shares totaled 11.13 million, which was 4.24% higher than short shares on Feb 15, 2024. In addition to SNDL as the firm’s SNDL Inc., SND serves as its Smart Sand, Inc.

Institutional Ownership:

Through their ownership of 9.19% of SNDL’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNDL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, SNDL has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and SNDL currently yields $0.00. In the past year, SNDL’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, SNDL has a current buyback yield of $0.20. This was $0.20 for the TTM, and it was $– for the past five years.