On Tuesday, October 13, Sundial Growers Inc. (NASDAQ: SNDL) stood at $0.2. This shows that the SNDL stocks went down by 8.34% from its last day’s price.
The company’s previous stock close was marked at $0.22. The 5-Year monthly (beta) read was 0 along with the day’s price ranging from $0.2012 to $0.2216. NASDAQ: SNDL also shared a PE ratio (12-month trailing) of 0 as well. As per the 52-week range, the company stocks share a low of $0.17 and a high of $4.85. If we take into account the last 30 years, then SNDL stocks have made approximately -25.29%.
Quarterly Report Analysis Of NASDAQ: SNDL stocks
The market cap for Sundial Growers Inc is $42.28 million. The last quarterly report was scheduled to be released on August 14. Institutional investors and analysts were worried for the company’s stocks as they had the potential to lose even before the release of the Earnings report.
Analysts who specialize in SNDL stocks estimate that the company will post $0.11 EPS for the quarter. The EPS growth for this year is estimated to be $0.5 and for the upcoming year $0.15. So, the growth stands at $0.79 and $0.7 for both the years respectively.
NASDAQ: SNDL stocks also have a consensus of $17.18 million as revenue growth; the highest estimate being $18.63 million and the lowest being $15.38 million. The average growth adds up to 48.7% as compared to the same quarter the previous year.
Several analysts have submitted their reports regarding the earnings of NASDAQ: SNDL stocks. According to those estimates, the company’s yearly revenue consensus stands at $66.12 million for 2020. This is a positive growth, up by 18.4% last year.
SNDL Stocks Get A “Hold” Rating
Now, to come to the SNDL stocks ratings. The company analysts share a consensus on NASDAQ: SNDL’s “Hold” rating. Five analysts have produced reports on the company’s ratings. According to them, 1.00 is for “Strong buy” and 5.00 f or “strong buy”. No one rated SNDL stocks as Buy or outperform or underperform. The overall rating stands at Hold for now. Institutional investors might think this is the time to dig into NASDAQ: SNDL stocks.
For this company, the recent price level is -10.94% off the SMA20 (20 days simple moving average) and -40.16% for SMA40. The target price for the company’s stocks for the upcoming year is estimated at $0.62 with a high of $1.00 and a low of $0.4.
Thomson Reuters analysts share that the upside potential for this stock is great as of now making it a great opportunity for institutional investors who hold almost 14.16% of the company’s shares.