Atb Cap Markets Has Pessimistic View of SNDL FY2025 Earnings

SNDL Inc. (NASDAQ:SNDL) – Stock analysts at Atb Cap Markets dropped their FY2025 earnings per share estimates for SNDL in a research report issued on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes now anticipates that the company will post earnings per share of ($0.15) 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 announced its earnings results on Tuesday, March 18th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $248.10 million.

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

SNDL Price Performance

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. The stock has a market cap of $415.19 million, a price-to-earnings ratio of -5.10 and a beta of 3.39. SNDL has a 12-month low of $1.48 and a 12-month high of $2.93. The company has a quick ratio of 4.16, a current ratio of 5.61 and a debt-to-equity ratio of 0.10.

Hedge Funds Weigh In On SNDL

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp bought a new position in SNDL during the fourth quarter worth about $35,000. Two Sigma Advisers LP bought a new position in SNDL during the fourth quarter worth about $47,000. State of Wyoming boosted its holdings in SNDL by 43.9% during the fourth quarter. State of Wyoming now owns 568,184 shares of the company’s stock worth $1,017,000 after buying an additional 173,409 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in SNDL during the fourth quarter worth about $584,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in SNDL by 41.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,095,205 shares of the company’s stock worth $3,750,000 after buying an additional 612,495 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.