SNDL Inc (NASDAQ: SNDL) Jumped 15.82% In 6 Months – Here’s What Might Happen Next

SNDL Inc (NASDAQ:SNDL)’s traded shares stood at 7.22 million during the last session, with the company’s beta value hitting 3.36. At the close of trading, the stock’s price was $1.83, to imply a decrease of -7.58% or -$0.15 in intraday trading. The SNDL share’s 52-week high remains $2.67, putting it -45.9% down since that peak but still an impressive 31.69% since price per share fell to its 52-week low of $1.25. The company has a valuation of $481.44M, with an average of 5.41 million shares over the past 3 months.

SNDL Inc (NASDAQ:SNDL) trade information

After registering a -7.58% downside in the last session, SNDL Inc (SNDL) has traded red over the past five days. The stock hit a weekly high of 2.1650, dropping -7.58% in its intraday price action. The 5-day price performance for the stock is -11.59%, and 22.82% over 30 days. With these gigs, the year-to-date price performance is 11.59%.

SNDL Inc (SNDL) estimates and forecasts

Looking at statistics comparing SNDL Inc share performance against respective industry, we note that the company has outperformed competitors. SNDL Inc (SNDL) shares are 15.82% up over the last 6 months, with its year-to-date growth rate higher than industry average at 83.87% against 18.00%. The rating firms project that company’s revenue will grow 7.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is $710 million. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $151.81 million.Earnings reports from the last fiscal year show that sales brought in $659.3 million and -$ respectively in the corresponding quarters.

SNDL Dividends

SNDL Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. SNDL Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.