Stryve Foods FY2024 EPS Estimate Raised by Northland Capmk

Stryve Foods, Inc. (NASDAQ:SNAX) – Stock analysts at Northland Capmk raised their FY2024 earnings estimates for shares of Stryve Foods in a research note issued on Thursday, November 14th. Northland Capmk analyst M. Grondahl now expects that the company will earn ($3.67) per share 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 Stock Up 4.6 %

SNAX opened at $0.93 on Monday. Stryve Foods has a 52-week low of $0.75 and a 52-week high of $3.45. The company has a 50 day moving average of $1.17 and a two-hundred day moving average of $1.58. The company has a market cap of $3.11 million, a P/E ratio of -0.17 and a beta of 1.10.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Stryve Foods stock. CWA Asset Management Group LLC purchased a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned 6.91% of Stryve Foods at the end of the most recent reporting period. 40.28% of the stock is currently owned by hedge funds and other institutional investors.

Stryve Foods Company Profile

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.