Should I buy or sell SNDL stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SNDL in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SNDL shares. View SNDL analyst ratings or view top-rated stocks .

What is SNDL's stock price target for 2024?

2 brokerages have issued 12-month price targets for SNDL's stock. Their SNDL share price targets range from $4.00 to $4.00. On average, they anticipate the company's share price to reach $4.00 in the next year. This suggests a possible upside of 161.4% from the stock's current price. View analysts price targets for SNDL or view top-rated stocks among Wall Street analysts .

How have SNDL shares performed in 2023?

SNDL's stock was trading at $2.09 at the beginning of the year. Since then, SNDL shares have decreased by 26.8% and is now trading at $1.53. View the best growth stocks for 2023 here .

When is SNDL's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our SNDL earnings forecast .

How were SNDL's earnings last quarter?

SNDL Inc. (NASDAQ:SNDL) posted its quarterly earnings data on Friday, May, 15th. The company reported ($4.10) EPS for the quarter, missing analysts' consensus estimates of ($2.50) by $1.60. The company earned $23.04 million during the quarter. SNDL had a negative trailing twelve-month return on equity of 8.78% and a negative net margin of 23.08%. Read the conference call transcript .

What ETFs hold SNDL's stock?

ETFs with the largest weight of SNDL (NASDAQ:SNDL) stock in their portfolio include ETFMG Alternative Harvest ETF (MJ) , AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) , Global X Cannabis ETF (POTX) , Cambria Cannabis ETF (TOKE) and AdvisorShares Pure Cannabis ETF (YOLO) . Amplify Seymour Cannabis ETF (CNBS) .

When did SNDL's stock split?

Shares of SNDL reverse split on the morning of Tuesday, July 26th 2022. The 1-10 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What is Torsten Kuenzlen's approval rating as SNDL's CEO?

3 employees have rated SNDL Chief Executive Officer Torsten Kuenzlen on Glassdoor.com . Torsten Kuenzlen has an approval rating of 30% among the company's employees. This puts Torsten Kuenzlen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SNDL own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SNDL investors own include Organigram (OGI) , Aurora Cannabis (ACB) , Genius Brands International (GNUS) , Onconova Therapeutics (ONTX) , Top Ships (TOPS) , Cronos Group (CRON) and Sorrento Therapeutics (SRNE) .

(SNDL) raised $130 million in an IPO on Thursday, August 1st 2019. The company issued 10,000,000 shares at a price of $12.00-$14.00 per share. Cowen, BMO Capital Markets and Barclays served as the underwriters for the IPO.

Who are SNDL's major shareholders?

SNDL's stock is owned by a number of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.00%), Group One Trading L.P. (0.00%), Simplex Trading LLC (0.00%), AdvisorShares Investments LLC (0.43%), GTS Securities LLC (0.00%) and Cambria Investment Management L.P. (0.00%).

How do I buy shares of SNDL?

Shares of SNDL 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 .

SNDL Stock Price, News & Analysis (NASDAQ:SNDL)

$1.53

+0.03 (+2.00%)

(As of 12/4/2023 ET)

Compare

Today's Range: $1.48
▼
$1.58
50-Day Range: $1.33
▼
$1.99
52-Week Range: $1.25
▼
$3.36

Volume: 4.33 million shs
Average Volume: 3.52 million shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

SNDL MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 161.4% Upside
$4.00 Price Target
Short Interest: Healthy
5.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.35) to ($0.09) Per Share

Overall MarketRank^™

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

2.46 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
SNDL has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.00, SNDL has a forecasted upside of 161.4% from its current price of $1.53.
Amount of Analyst Coverage
SNDL has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
5.51% of the float of SNDL has been sold short.
Short Interest Ratio / Days to Cover
SNDL has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SNDL has recently decreased by 9.24%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
SNDL does not currently pay a dividend.
Dividend Growth
SNDL 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 SNDL.

2.7

News and Social Media Coverage

News Sentiment
SNDL has a news sentiment score of 1.89. 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 0.76 average news sentiment score of Medical companies.
Search Interest
Only 17 people have searched for SNDL on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added SNDL to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SNDL insiders have not sold or bought any company stock.

1.3

Earnings and Valuation

Earnings Growth
Earnings for SNDL are expected to grow in the coming year, from ($0.35) to ($0.09) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SNDL is -2.39, 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 SNDL is -2.39, 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
SNDL has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SNDL Stock (NASDAQ:SNDL)

SNDL Inc. is a dual-play on the adult-oriented consumables market in Canada. The company’s two branches include a Canadian-based integrated cannabis company with global aspirations and a portfolio of liquor retail banners with more than 150 retail locations across Canada including western Canada’s largest liquor outlet. On the cannabis end of the business, the company operates two retail banners, one with a focus on the high-end experience and the other focused on value brands.

The company was originally incorporated in 2006 under the name Sundial Growers Inc and went public in 2019 ahead of the launch of adult-use legalization in Canada. The company rebranded to SNDL Inc. in mid-2022 and prides itself on craft cannabis cultivation at scale. SNDL Inc. is headquartered in Calgary, Canada with sales in every province. As of Q2, 2022, the liquor side of the business accounts for more than 65% of the total revenue. The company also boasts no debt which is rare for a cannabis company.

The company’s cannabis business engages in the production, distribution, and sale of cannabis products in Canada through a network of dispensaries and wholesales. The company operates this segment in two subsegments labeled Cannabis Operations and Retail Operations. The company’s private-lable offerings are available through company-owned stores while other products are available to the adult-use market. Products the company makes include cannabis flowers, pre-rolls, vapes, rosins, and hash. It employs more than 2,500 ppl in more than 350 stores including cannabis and liquor. At the end of Q2, 2022, the company was operating more than 440,000 square feet of indoor cannabis cultivation space, or enough to grow roughly 45,000 pounds every cultivation cycle.

SNDL brands include Top Leaf, Sundial Cannabis, Palmetto, Grasslands, and Spirtleaf Selects. The Top Leaf brand is geared toward cannabis enthusiasts and what they want to smoke which is the best available in all categories from flowers to vapes. The Sundial brand is the core brand and includes products geared toward the cannabis lifestyle. Product lines range from Calm to Spark with Ease, Flow, and Lift in between. The Palmetto Brand is geared toward the hipper set while Grasslands is a simpler brand for those that just want to enjoy a good smoke without the hassle of choosing from dozens of flavors and profiles. The brand includes just three lines that are Sativa, Indica, and Hybrid, nothing more than a cannabis lover needs and nothing less.

The Spiritleaf Selects brand is a private-label offering in conjunction with the company’s production teams. The Spiritleaf Select label includes a curated lot of products that are the best the company has to offer. Consumers can inquire at local shops as to what is available at the time they are there.

SNDL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SNDL Stock News Headlines

November 24, 2023 | finance.yahoo.com

SNDL Inc.'s (NASDAQ:SNDL) Shift From Loss To Profit

November 24, 2023 | americanbankingnews.com

SNDL Inc. (NASDAQ:SNDL) Expected to Earn Q4 2023 Earnings of ($0.12) Per Share

December 4, 2023 | DTI Trader (Ad)

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November 24, 2023 | americanbankingnews.com

SNDL's (SNDL) Outperform Rating Reiterated at Atb Cap Markets

November 22, 2023 | finance.yahoo.com

Is SNDL Stock a Buy After Hitting This Significant Milestone?

November 20, 2023 | msn.com

SNDL, Nova abandon strategic partnership

November 18, 2023 | seekingalpha.com

SNDL Inc. Reports Better Financial Performance For Q3 Yet Remains Undervalued

November 17, 2023 | marketwatch.com

SNDL, Nova Cannabis Mutually Terminate Implementation Deal for Strategic Partnership

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 17, 2023 | seekingalpha.com

SNDL: Improving Financials But Still Not Enough For Me To Buy (Rating Upgrade)

November 16, 2023 | markets.businessinsider.com

What's Going On With Pot Stock SNDL Inc?

November 14, 2023 | finance.yahoo.com

SNDL Inc. (NASDAQ:SNDL) Q3 2023 Earnings Call Transcript

November 14, 2023 | finance.yahoo.com

Q3 2023 SNDL Inc Earnings Call

November 13, 2023 | markets.businessinsider.com

SNDL Renews CA$100M Share Buyback Plan, Narrows Q3 Net Loss By 78% YoY

November 13, 2023 | proactiveinvestors.com

SNDL shares rise as it achieves positive free cash flow, announces share buybacks

November 13, 2023 | investorplace.com

Sundial (SNDL) Stock Ticks Up 3% On Cash Flow, Share Buyback

November 13, 2023 | markets.businessinsider.com

SNDL Q3 Loss Narrows; Renews Share Repurchase Program

November 13, 2023 | msn.com

SNDL reports Q3 results

November 13, 2023 | marketwatch.com

SNDL Renews Buyback Program for Up to C$100 million in Shares

November 13, 2023 | finance.yahoo.com

SNDL Reports Third Quarter 2023 Financial and Operational Results and Achieves Positive Net Cash from Operating Activities and Free Cash Flow

October 27, 2023 | finance.yahoo.com

SNDL to Announce Third Quarter 2023 Financial Results on November 13, 2023

October 23, 2023 | benzinga.com

SNDL Closing Down $74M Flagship Cannabis Facility To Consolidate Operations & Cut $10M In Costs

October 20, 2023 | markets.businessinsider.com

More Savings, No Disruptions: Canadian Weed Co. Makes Strategic Move To Boost Operations

October 19, 2023 | marketwatch.com

SNDL to Close Facility, Consolidate Operations to Cut $10M in Costs

October 19, 2023 | msn.com

SNDL streamlines Cannabis Operations footprint, sees over $10M in annual savings

October 19, 2023 | finance.yahoo.com

SNDL Streamlines Cannabis Operations Footprint to Enhance Competitiveness and Profitability

October 13, 2023 | stocknews.com

What Lies Ahead for SNDL Inc. (SNDL) and Canopy Growth (CGC)?

See More Headlines

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Company Calendar

Last Earnings: 5/15/2020
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Medicinals & botanicals
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:SNDL
CUSIP: N/A
CIK: 1766600
Web: www.sundialcannabis.com
Phone: (844) 249-6746
Fax: N/A
Employees: 2,607
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.00
High Stock Price Target: $4.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +161.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.64)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-257,770,000.00
Net Margins: -23.08%
Pretax Margin: -26.93%
Return on Equity: -8.78%
Return on Assets: -7.43%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 4.33
Quick Ratio: 2.87

Sales & Book Value

Annual Sales: $561.28 million
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $6.15 per share
Price / Book: 0.25

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 3.40

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Key Executives

Mr. Zachary Ryan George IV (Age 45)
CEO & Non Independent Director
Comp: $1.61M
Mr. Robbie Madan (Age 44)
Chief Information & Digital Officer
Comp: $275.51k
Mr. Ryan Hellard (Age 34)
Chief Strategy Officer
Comp: $220.58k
Mr. Alberto Paredero-Quiros
Chief Financial Officer
Mr. Matthew Scott Husson
General Counsel & Corporate Secretary
Sophie Pilon
Corporate Communications Manager
Frank Luke Fallwell
Director of Corporate Development
Mr. Greg McDonald
Vice President of Sales
Ms. Deanna Garand (Age 40)
Vice President of Human Resources
Ms. Marcie Catherine Kiziak (Age 42)
President of Cannabis Retail

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SNDL Stock Analysis - Frequently Asked Questions

Should I buy or sell SNDL stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SNDL in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SNDL shares.
View SNDL analyst ratings or view top-rated stocks.
What is SNDL's stock price target for 2024?: 2 brokerages have issued 12-month price targets for SNDL's stock. Their SNDL share price targets range from $4.00 to $4.00. On average, they anticipate the company's share price to reach $4.00 in the next year. This suggests a possible upside of 161.4% from the stock's current price.
View analysts price targets for SNDL or view top-rated stocks among Wall Street analysts.
How have SNDL shares performed in 2023?: SNDL's stock was trading at $2.09 at the beginning of the year. Since then, SNDL shares have decreased by 26.8% and is now trading at $1.53.
View the best growth stocks for 2023 here.
When is SNDL's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our SNDL earnings forecast.
How were SNDL's earnings last quarter?: SNDL Inc. (NASDAQ:SNDL) posted its quarterly earnings data on Friday, May, 15th. The company reported ($4.10) EPS for the quarter, missing analysts' consensus estimates of ($2.50) by $1.60. The company earned $23.04 million during the quarter. SNDL had a negative trailing twelve-month return on equity of 8.78% and a negative net margin of 23.08%.
Read the conference call transcript.
What ETFs hold SNDL's stock?: ETFs with the largest weight of SNDL (NASDAQ:SNDL) stock in their portfolio include ETFMG Alternative Harvest ETF (MJ), AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN), Global X Cannabis ETF (POTX), Cambria Cannabis ETF (TOKE) and AdvisorShares Pure Cannabis ETF (YOLO).Amplify Seymour Cannabis ETF (CNBS).

When did SNDL's stock split?: Shares of SNDL reverse split on the morning of Tuesday, July 26th 2022. The 1-10 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What is Torsten Kuenzlen's approval rating as SNDL's CEO?: 3 employees have rated SNDL Chief Executive Officer Torsten Kuenzlen on Glassdoor.com. Torsten Kuenzlen has an approval rating of 30% among the company's employees. This puts Torsten Kuenzlen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of SNDL own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SNDL investors own include Organigram (OGI), Aurora Cannabis (ACB), Genius Brands International (GNUS), Onconova Therapeutics (ONTX), Top Ships (TOPS), Cronos Group (CRON) and Sorrento Therapeutics (SRNE).
When did SNDL IPO?: (SNDL) raised $130 million in an IPO on Thursday, August 1st 2019. The company issued 10,000,000 shares at a price of $12.00-$14.00 per share. Cowen, BMO Capital Markets and Barclays served as the underwriters for the IPO.
Who are SNDL's major shareholders?: SNDL's stock is owned by a number of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.00%), Group One Trading L.P. (0.00%), Simplex Trading LLC (0.00%), AdvisorShares Investments LLC (0.43%), GTS Securities LLC (0.00%) and Cambria Investment Management L.P. (0.00%).
How do I buy shares of SNDL?: Shares of SNDL 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:SNDL) was last updated on 12/4/2023 by MarketBeat.com Staff

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