In the last trading session, 3.49 million shares of the Stryve Foods Inc (NASDAQ:SNAX) were traded, and its beta was 1.06. Most recently the company’s share price was $0.94, and it changed around $0.04 or 4.86% from the last close, which brings the market valuation of the company to $3.53M. SNAX currently trades at a discount to its 52-week high of $3.45, offering almost -267.02% off that amount. The share price’s 52-week low was $0.76, which indicates that the current value has risen by an impressive 19.15% since then. We note from Stryve Foods Inc’s average daily trading volume that its 10-day average is 0.44 million shares, with the 3-month average coming to 76.50K.
Stryve Foods Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SNAX as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Stryve Foods Inc is expected to report earnings per share of -1.01 for the current quarter.
Stryve Foods Inc (NASDAQ:SNAX) trade information
Instantly SNAX has showed a green trend with a performance of 4.86% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.4099 on recent trading dayincreased the stock’s daily price by 33.33%. The company’s shares are currently down -63.75% year-to-date, but still up 5.91% over the last five days. On the other hand, Stryve Foods Inc (NASDAQ:SNAX) is -40.72% down in the 30-day period. We can see from the shorts that 0.44 million shares have been sold at a short interest cover period of 2.51 day(s).
Stryve Foods Inc (SNAX) estimates and forecasts
Stryve Foods Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -36.31 percent over the past six months and at a 44.82% annual growth rate that is well above the industry average of 9.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 44.20% in revenue this quarter, and will report an increase of 59.50% in the next quarter. The year-over-year growth rate is expected to be 35.60%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 6.26M in revenue for the current quarter. 1 analysts expect Stryve Foods Inc to make 6.98M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.18M and 2.89M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 49.80%. Forecasts for the next quarter put sales growth at 141.80%.
Stryve Foods Inc earnings are expected to increase by 44.82% in 2024, but the outlook is positive 30.00% per year for the next five years.
SNAX Dividends
Stryve Foods Inc’s next quarterly earnings report is expected to be released in November.
Stryve Foods Inc (NASDAQ:SNAX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 40.25% of Stryve Foods Inc shares, and 9.07% of them are in the hands of institutional investors. The stock currently has a share float of 15.18%.
