Atb Cap Markets Has Pessimistic View of SNDL FY2025 Earnings

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

SNDL (NASDAQ:SNDL) last released its quarterly earnings data 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 net margin of 12.11% and a negative return on equity of 8.27%. The business had revenue of $179.06 million for the quarter, compared to the consensus estimate of $248.10 million.

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 %

Shares of SNDL stock opened at $1.58 on Friday. The business’s 50 day simple moving average is $1.70 and its 200 day simple moving average is $1.88. SNDL has a 52-week low of $1.48 and a 52-week high of $2.93. The firm has a market cap of $415.19 million, a PE ratio of -5.10 and a beta of 3.39. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.16 and a current ratio of 5.61.

Institutional Investors Weigh In On SNDL

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp raised its position in SNDL by 1.5% in the 3rd quarter. State Street Corp now owns 353,107 shares of the company’s stock valued at $727,000 after buying an additional 5,246 shares during the last quarter. Newman Dignan & Sheerar Inc. increased its position in shares of SNDL by 18.4% during the 4th quarter. Newman Dignan & Sheerar Inc. now owns 64,420 shares of the company’s stock worth $115,000 after purchasing an additional 10,000 shares during the last quarter. Invesco Ltd. increased its position in shares of SNDL by 1.3% during the 4th quarter. Invesco Ltd. now owns 806,812 shares of the company’s stock worth $1,444,000 after purchasing an additional 10,134 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of SNDL during the 4th quarter worth approximately $25,000. Finally, Graham Capital Management L.P. increased its position in shares of SNDL by 11.6% during the 4th quarter. Graham Capital Management L.P. now owns 138,827 shares of the company’s stock worth $248,000 after purchasing an additional 14,461 shares during the last quarter.

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.