With 1.2 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.67 million shares. The 52-week range on SNDL shows that it touched its highest point at $2.93 and its lowest point at $1.26 during that stretch. It currently has a 1-year price target of $3.49. Beta for the stock currently stands at 3.58.
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 down-trending over the past week, with a drop of -7.19%, but this was down by -7.19% over a month. Three-month performance dropped to -30.65% while six-month performance fell -46.03%. The stock lost -49.01% in the past year, while it has lost -27.93% so far this year. A look at the trailing 12-month EPS for SNDL yields -0.29 with Next year EPS estimates of -0.07. For the next quarter, that number is -0.04. This implies an EPS growth rate of 92.99% for this year and -260.00% for next year. EPS is expected to grow by 56.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 59.44%.
Float and Shares Shorts:
At present, 257.29 million SNDL shares are outstanding with a float of 253.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNDL since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.16512 being high and -$0.16596 being low. For SNDL, this leads to a yearly average estimate of -$0.16554. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
