Atb Cap Markets Has Pessimistic View of SNDL FY2025 Earnings

SNDL Inc. (NASDAQ:SNDL) – Equities research analysts at Atb Cap Markets cut their FY2025 earnings estimates for shares of SNDL in a research report issued to clients and investors 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 prior forecast of ($0.01). The consensus estimate for SNDL’s current full-year earnings is ($0.09) per share.

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

SNDL Trading Up 0.6 %

SNDL stock opened at $1.58 on Friday. The firm has a fifty day moving average price of $1.70 and a 200 day moving average price of $1.88. SNDL has a fifty-two week low of $1.42 and a fifty-two week high of $2.93. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.16 and a current ratio of 5.61. The firm has a market cap of $415.19 million, a PE ratio of -5.10 and a beta of 3.39.

SNDL (NASDAQ:SNDL) last posted 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 analysts’ expectations of $248.10 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. State Street Corp lifted its position in SNDL by 1.5% in the third quarter. State Street Corp now owns 353,107 shares of the company’s stock worth $727,000 after buying an additional 5,246 shares during the last quarter. Tidal Investments LLC lifted its position in SNDL by 5.0% in the third quarter. Tidal Investments LLC now owns 6,510,961 shares of the company’s stock worth $13,413,000 after buying an additional 311,642 shares during the last quarter. Transform Wealth LLC bought a new stake in SNDL in the fourth quarter worth $87,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in SNDL in the fourth quarter worth $25,000. Finally, Newman Dignan & Sheerar Inc. lifted its position in SNDL by 18.4% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 64,420 shares of the company’s stock worth $115,000 after buying an additional 10,000 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.