Should I buy or sell Stryve Foods stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stryve Foods in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SNAX shares. View SNAX analyst ratings or view top-rated stocks .

What is Stryve Foods' stock price target for 2024?

1 brokerages have issued 1-year price targets for Stryve Foods' stock. Their SNAX share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 184.7% from the stock's current price. View analysts price targets for SNAX or view top-rated stocks among Wall Street analysts .

How have SNAX shares performed in 2023?

Stryve Foods' stock was trading at $10.9290 on January 1st, 2023. Since then, SNAX shares have decreased by 74.3% and is now trading at $2.81. View the best growth stocks for 2023 here .

When is Stryve Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 1st 2024. View our SNAX earnings forecast .

How were Stryve Foods' earnings last quarter?

Stryve Foods, Inc. (NASDAQ:SNAX) announced its earnings results on Monday, April, 3rd. The company reported ($2.10) EPS for the quarter, beating the consensus estimate of ($2.40) by $0.30. The business had revenue of $5.41 million for the quarter, compared to analyst estimates of $5.98 million. Stryve Foods had a negative trailing twelve-month return on equity of 158.05% and a negative net margin of 90.13%. During the same quarter in the previous year, the business posted ($8.70) EPS.

When did Stryve Foods' stock split?

Stryve Foods shares reverse split on Friday, July 14th 2023. The 1-15 reverse split was announced on Friday, July 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Who are Stryve Foods' major shareholders?

Stryve Foods' stock is owned by a variety of institutional and retail investors. Top institutional investors include CWA Asset Management Group LLC (9.01%) and Requisite Capital Management LLC (0.64%). Insiders that own company stock include Alex Hawkins , B Luke Weil, Christopher J Boever, Gregory Stephen Christenson , Joe A Oblas and Ted Casey. View institutional ownership trends .

How do I buy shares of Stryve Foods?

Shares of SNAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Stryve Foods Stock Price, News & Analysis (NASDAQ:SNAX)

$2.81

-0.18 (-6.02%)

(As of 11/30/2023 ET)

Compare

Today's Range: $2.80
▼
$3.06
50-Day Range: $2.30
▼
$3.47
52-Week Range: $2.24
▼
$18.30

Volume: 38,537 shs
Average Volume: 11,270 shs
Market Capitalization: $6.35 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.00

Stryve Foods MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 184.7% Upside
$8.00 Price Target
Short Interest: Healthy
4.16% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.08
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$101,882 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Stryve Foods has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.00, Stryve Foods has a forecasted upside of 184.7% from its current price of $2.81.
Amount of Analyst Coverage
Stryve Foods has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.16% of the float of Stryve Foods has been sold short.
Short Interest Ratio / Days to Cover
Stryve Foods has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Stryve Foods has recently decreased by 2.16%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Stryve Foods does not currently pay a dividend.
Dividend Growth
Stryve Foods does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SNAX.

3.9

News and Social Media Coverage

News Sentiment
Stryve Foods has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Stryve Foods this week, compared to 1 article on an average week.
Search Interest
1 people have searched for SNAX on MarketBeat in the last 30 days.
MarketBeat Follows
1 people have added Stryve Foods to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stryve Foods insiders have bought more of their company's stock than they have sold. Specifically, they have bought $101,882.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
18.33% of the stock of Stryve Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Stryve Foods is -0.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stryve Foods is -0.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Stryve Foods has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Stryve Foods Stock (NASDAQ:SNAX)

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. The company distributes its products through retail channels, including grocery, club stores, and other retail outlets; and directly to consumers through its e-commerce websites, as well as directly to consumer through the Amazon platform. Stryve Foods, Inc. was founded in 2017 and is headquartered in Plano, Texas.

SNAX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SNAX Stock News Headlines

November 28, 2023 | finance.yahoo.com

Stryve Foods Announces Major Distribution Expansion into Leading Retailers Across the United States

November 27, 2023 | msn.com

Stryve Foods CEO discloses purchase of 4k shares

November 30, 2023 | Tomorrow Investor (Ad)

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November 27, 2023 | americanbankingnews.com

Christopher J. Boever Acquires 4,000 Shares of Stryve Foods, Inc. (NASDAQ:SNAX) Stock

November 20, 2023 | finanznachrichten.de

Stryve Foods, Inc.: Stryve Expands Distribution of Vacadillos, Now Available Nationwide at Albertsons Companies Inc. Stores

November 20, 2023 | finance.yahoo.com

Stryve Expands Distribution of Vacadillos, Now Available Nationwide at Albertsons Companies Inc. Stores

November 20, 2023 | americanbankingnews.com

Insider Buying: Stryve Foods, Inc. (NASDAQ:SNAX) CEO Buys $14,392.50 in Stock

November 17, 2023 | finance.yahoo.com

Many Still Looking Away From Stryve Foods, Inc. (NASDAQ:SNAX)

November 30, 2023 | Tomorrow Investor (Ad)

Why Microsoft Just Placed A Huge Bet On Nuclear

Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.

November 16, 2023 | finance.yahoo.com

Stryve Foods, Inc. (NASDAQ:SNAX) Q3 2023 Earnings Call Transcript

November 14, 2023 | msn.com

Stryve Foods Non-GAAP EPS of -$1.66 misses by $0.01, revenue of $4.2M misses by $2.08M

November 14, 2023 | finance.yahoo.com

Stryve Foods, Inc. Reports Third Quarter Fiscal 2023 Results

November 7, 2023 | finance.yahoo.com

Stryve Foods, Inc. Announces Timing of Fiscal 2023 Third Quarter Results

September 14, 2023 | finance.yahoo.com

Insider Buying: CEO Christopher Boever Acquires 6,600 Shares of Stryve Foods Inc

September 13, 2023 | msn.com

Stryve Foods, Inc. (SNAX) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

September 7, 2023 | finance.yahoo.com

Stryve Foods, Inc. to Host 1x1 Meetings and Present at the H.C. Wainwright 25th Annual Global Investment Conference - September 11th-13th, 2023

August 15, 2023 | msn.com

Northland Capital Markets Maintains Stryve Foods Inc - (SNAX) Outperform Recommendation

August 14, 2023 | finance.yahoo.com

Stryve Foods, Inc. Reports Second Quarter Fiscal 2023 Results

August 11, 2023 | benzinga.com

Earnings Preview For Stryve Foods

August 8, 2023 | finance.yahoo.com

Stryve Foods, Inc. Announces Timing of Fiscal 2023 Second Quarter Results

August 2, 2023 | msn.com

Stryve Foods Inc - (SNAX) Price Target Increased by 1400.00% to 22.95

August 2, 2023 | finance.yahoo.com

Stryve Foods, Inc. Regains Full Compliance with NASDAQ Listing Standards

July 17, 2023 | finance.yahoo.com

Stryve Foods (SNAX) Unveils Preliminary Results for Q2

July 13, 2023 | msn.com

Stryve Foods provides preliminary Q2 estimates, launches reverse stock split

July 13, 2023 | finance.yahoo.com

Stryve Foods, Inc. Provides Preliminary Financial Highlights for Second Quarter 2023 and Announces Reverse Stock Split

June 27, 2023 | finance.yahoo.com

Bullish Stryve Foods Insider Buying Worth US$995k Yet To Pay Off

June 22, 2023 | marketwatch.com

8-K: STRYVE FOODS, INC.

See More Headlines

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Company Calendar

Last Earnings: 4/03/2023
Today: 11/30/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Food & kindred products
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:SNAX
CUSIP: N/A
CIK: 1691936
Web: stryve.com
Phone: 972-987-5130
Fax: N/A
Employees: 156
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +184.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($8.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-33,140,000.00
Net Margins: -90.13%
Pretax Margin: -90.69%
Return on Equity: -158.05%
Return on Assets: -44.99%

Debt

Debt-to-Equity Ratio: 2.70
Current Ratio: 0.76
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $20.23 million
Price / Sales: 0.31
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.54 per share
Price / Book: 1.11

Miscellaneous

Outstanding Shares: 2,259,000
Free Float: 1,845,000
Market Cap: $6.35 million
Optionable: Not Optionable
Beta: 1.00

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Key Executives

Mr. Ted Casey (Age 53)
Co-Founder & Chairman of the Board
Comp: $20.5k
Mr. Christopher J. Boever (Age 56)
CEO & Director
Comp: $291.12k
Mr. R. Alex Hawkins CFA (Age 37)
Chief Financial Officer
Comp: $407k
Ms. Norma L Garcia
General Counsel, Corporate Secretary & Chief Human Resources Officer
Mr. Warren Pala
Chief Manufacturing Officer
Mr. Jerry Goldner
Senior VP/General Manager
Eric Fleming
Chief Supply Chain Officer
Ms. Katie Grady
Chief Customer Officer
Sandy Martin
Investor Relations Contact

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SNAX Stock Analysis - Frequently Asked Questions

Should I buy or sell Stryve Foods stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stryve Foods in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SNAX shares.
View SNAX analyst ratings or view top-rated stocks.
What is Stryve Foods' stock price target for 2024?: 1 brokerages have issued 1-year price targets for Stryve Foods' stock. Their SNAX share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 184.7% from the stock's current price.
View analysts price targets for SNAX or view top-rated stocks among Wall Street analysts.
How have SNAX shares performed in 2023?: Stryve Foods' stock was trading at $10.9290 on January 1st, 2023. Since then, SNAX shares have decreased by 74.3% and is now trading at $2.81.
View the best growth stocks for 2023 here.
When is Stryve Foods' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 1st 2024.
View our SNAX earnings forecast.

How were Stryve Foods' earnings last quarter?: Stryve Foods, Inc. (NASDAQ:SNAX) announced its earnings results on Monday, April, 3rd. The company reported ($2.10) EPS for the quarter, beating the consensus estimate of ($2.40) by $0.30. The business had revenue of $5.41 million for the quarter, compared to analyst estimates of $5.98 million. Stryve Foods had a negative trailing twelve-month return on equity of 158.05% and a negative net margin of 90.13%. During the same quarter in the previous year, the business posted ($8.70) EPS.
When did Stryve Foods' stock split?: Stryve Foods shares reverse split on Friday, July 14th 2023. The 1-15 reverse split was announced on Friday, July 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.
Who are Stryve Foods' major shareholders?: Stryve Foods' stock is owned by a variety of institutional and retail investors. Top institutional investors include CWA Asset Management Group LLC (9.01%) and Requisite Capital Management LLC (0.64%). Insiders that own company stock include Alex Hawkins, B Luke Weil, Christopher J Boever, Gregory Stephen Christenson, Joe A Oblas and Ted Casey.
View institutional ownership trends.
How do I buy shares of Stryve Foods?: Shares of SNAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SNAX) was last updated on 11/30/2023 by MarketBeat.com Staff

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