SNDL Inc. (NASDAQ: SNDL) is -23.92% lower on its value in year-to-date trading and has touched a low of $1.45 and a high of $8.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNDL stock was last observed hovering at around $1.48 in the last trading session, with the day’s gains setting it 0.11% off its average median price target of $4.63 for the next 12 months. It is also 70.77% off the consensus price target high of $5.44 offered by 4 analysts, but current levels are 60.05% higher than the price target low of $3.98 for the same period.
Currently trading at $1.59, the stock is -12.66% and -22.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.73 million and changing 7.43% at the moment leaves the stock -37.98% off its SMA200. SNDL registered -66.26% loss for a year compared to 6-month loss of -43.21%.
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The stock witnessed a -23.92% gain in the last 1 month and extending the period to 3 months gives it a -34.84%, and is -1.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.21% over the week and 5.28% over the month.
SNDL Inc. (SNDL) has around 184 employees, a market worth around $430.43M and $357.60M in sales. Profit margin for the company is -53.40%. Distance from 52-week low is 9.66% and -82.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.80%).
SNDL Inc. (SNDL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SNDL Inc. (SNDL) is a “Hold”. 4 analysts offering their recommendations for the stock have an average rating of 2.20, where 3 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
SNDL Inc. is expected to release its quarterly report on 05/17/2023.The EPS is expected to grow by 43.00% this year
SNDL Inc. (SNDL) Top Institutional Holders
The shares outstanding are 260.70M, and float is at 259.34M with Short Float at 6.25%.