SNDL FY2025 EPS Forecast Lowered by Alliance Global Partners

SNDL Inc. (NASDAQ:SNDL) – Alliance Global Partners dropped their FY2025 earnings per share (EPS) estimates for SNDL in a note issued to investors on Tuesday, November 4th. Alliance Global Partners analyst A. Grey now forecasts that the company will post earnings of ($0.06) per share for the year, down from their prior forecast of ($0.02). Alliance Global Partners has a “Buy” rating and a $5.00 price objective on the stock. The consensus estimate for SNDL’s current full-year earnings is ($0.09) per share.

SNDL (NASDAQ:SNDL) last released its earnings results on Tuesday, November 4th. The company reported ($0.04) earnings per share (EPS) for the quarter. SNDL had a negative net margin of 9.66% and a negative return on equity of 8.30%. The business had revenue of $175.35 million during the quarter, compared to the consensus estimate of $242.98 million.

Several other research firms have also recently weighed in on SNDL. Weiss Ratings restated a “sell (d-)” rating on shares of SNDL in a report on Wednesday, October 8th. Wall Street Zen cut SNDL from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, SNDL presently has an average rating of “Hold” and a consensus target price of $4.50.

SNDL Stock Performance

NASDAQ:SNDL opened at $1.85 on Thursday. The stock has a market cap of $486.14 million, a P/E ratio of -7.12 and a beta of 3.70. The company has a current ratio of 5.03, a quick ratio of 3.36 and a debt-to-equity ratio of 0.11. The stock’s 50-day moving average is $2.42 and its 200-day moving average is $1.82. SNDL has a 1-year low of $1.15 and a 1-year high of $2.89.

Institutional Trading of SNDL

Several institutional investors have recently added to or reduced their stakes in SNDL. OneDigital Investment Advisors LLC boosted its holdings in SNDL by 3.7% in the first quarter. OneDigital Investment Advisors LLC now owns 210,688 shares of the company’s stock valued at $297,000 after acquiring an additional 7,558 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in SNDL by 735.7% in the first quarter. Mackenzie Financial Corp now owns 162,793 shares of the company’s stock valued at $230,000 after acquiring an additional 143,312 shares during the last quarter. R Squared Ltd boosted its holdings in SNDL by 722.2% in the first quarter. R Squared Ltd now owns 35,520 shares of the company’s stock valued at $50,000 after acquiring an additional 31,200 shares during the last quarter. National Bank of Canada FI boosted its holdings in SNDL by 102.7% in the first quarter. National Bank of Canada FI now owns 37,231 shares of the company’s stock valued at $52,000 after acquiring an additional 18,864 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in SNDL in the first quarter valued at approximately $30,000.

About SNDL

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.