Atb Cap Markets Has Pessimistic View of SNDL FY2025 Earnings

SNDL Inc. (NASDAQ:SNDL) – Equities research analysts at Atb Cap Markets reduced their FY2025 earnings per share estimates for SNDL in a report issued on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings per share of ($0.15) for the year, down from their previous estimate of ($0.01). The consensus estimate for SNDL’s current full-year earnings is ($0.09) per share.

Separately, ATB Capital lifted their target price on SNDL from $3.50 to $4.00 in a research report on Wednesday.

SNDL Stock Up 0.6 %

NASDAQ:SNDL opened at $1.58 on Friday. SNDL has a twelve month low of $1.42 and a twelve month high of $2.93. The company has a market cap of $415.19 million, a price-to-earnings ratio of -5.10 and a beta of 3.39. The stock has a fifty day simple moving average of $1.70 and a 200-day simple moving average of $1.88. The company has a current ratio of 5.61, a quick ratio of 4.16 and a debt-to-equity ratio of 0.10.

SNDL (NASDAQ:SNDL) last released its earnings results on Tuesday, March 18th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.18). SNDL had a negative return on equity of 8.27% and a negative net margin of 12.11%. The business had revenue of $179.06 million for the quarter, compared to the consensus estimate of $248.10 million.

Institutional Trading of SNDL

Institutional investors and hedge funds have recently made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of SNDL in the fourth quarter valued at about $25,000. EntryPoint Capital LLC bought a new stake in shares of SNDL in the fourth quarter valued at about $32,000. National Bank of Canada FI bought a new stake in shares of SNDL in the fourth quarter valued at about $33,000. Mackenzie Financial Corp bought a new stake in shares of SNDL in the fourth quarter valued at about $35,000. Finally, Two Sigma Advisers LP bought a new stake in shares of SNDL in the fourth quarter valued at about $47,000.

SNDL Company Profile

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.