Stryve Foods FY2024 EPS Estimate Boosted by Northland Capmk

Stryve Foods, Inc. (NASDAQ:SNAX) – Equities researchers at Northland Capmk increased their FY2024 earnings estimates for Stryve Foods in a note issued to investors on Thursday, November 14th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($3.67) for the year, up from their prior estimate of ($4.05). The consensus estimate for Stryve Foods’ current full-year earnings is ($3.67) per share. Northland Capmk also issued estimates for Stryve Foods’ Q4 2024 earnings at ($0.63) EPS.

Stryve Foods Trading Up 0.6 %

SNAX stock opened at $0.94 on Monday. Stryve Foods has a twelve month low of $0.75 and a twelve month high of $3.38. The company’s 50 day moving average is $1.17 and its two-hundred day moving average is $1.58. The stock has a market cap of $3.13 million, a P/E ratio of -0.17 and a beta of 1.10.

Institutional Trading of Stryve Foods

A hedge fund recently bought a new stake in Stryve Foods stock. CWA Asset Management Group LLC acquired a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned approximately 6.91% of Stryve Foods at the end of the most recent quarter. 40.28% of the stock is owned by institutional investors and hedge funds.

About Stryve Foods

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.