Full Answer
Is sundial growers positioning itself for a buyout?
Aug 13, 2021 · Investors hoping for any big positive development were unimpressed, and after dropping 10% early on Friday, Sundial shares are still down more than 7% as of 12:50 p.m. EDT today. So what Sundial...
Is sundial growers too cheap to pass up?
Why Sundial Growers Stock Tumbled Today ... Sundial shares were down 7.9% at 10:47 a.m. ET on Thursday. ... Musk is 'going to take a machete' to …
Will sundial be delisted?
May 05, 2021 · The stock has been on a downhill roll from there, down 50%. Sundial has worked to shift its business to lean more heavily on sales of branded retail sales.
Will sundial growers be delisted?
Apr 03, 2022 · Sundial Growers' stock was trading at $0.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNDL stock has decreased by 41.6% and is now trading at $0.5310.
Why is sundials stock dropping?
Why Sundial could crash A problem for Sundial is that it hasn't been generating positive cash flow. While it is posting positive adjusted EBITDA, it consistently burns through cash, and over the past four quarters, it has used up CA$173 million in its day-to-day operating activities.Jan 17, 2022
Is Sundial growers gonna rise?
The next few weeks may be pivotal to the future of Canada-based licensed cannabis producer Sundial Growers....Sundial Growers analysis: rough start to 2021, encouraging developments later.Long position overnight fee-0.0225%Spread6.702 more rows•Mar 21, 2022
Is Sundial Growers stock a good investment?
Is Sundial a good buy heading into 2022? Sundial Growers is your typical high-risk, high-reward investment. If all goes well next year, it's possible shares of Sundial could double in value.Dec 18, 2021
Does sundial have a future?
With Sundial's current focus on investments, it's likely that we'll see revenue well above 2021 this year — due mainly to the acquisition of Alcanna and Sundial's partnership with the SAF Group. Also, with strong growth predicted in the cannabis market in the near future, Sundial should be a huge beneficiary.Feb 28, 2022
Should I sell my SNDL stock?
The consensus among Wall Street analysts is that investors should "hold" Sundial Growers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNDL, but not buy additional shares or sell existing shares.
How high can sundial Growers stock go?
Management still eyed suspiciously. Wall Street seems on board. Analysts forecast Sundial Growers can increase revenue from CA$73.3 million last year to around CA$705 million in 2022 and as much as CA$1.1 billion by the end of 2024, at which time it will be generating $0.03 per share in profits.Nov 21, 2021
Is Sundial Growers a buy right now?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sundial Growers in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Sundial Growers stock.
What stocks does MarketBeat like better than Sundial Growers?
Wall Street analysts have given Sundial Growers a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sundial Growers wasn't one of them.
When is Sundial Growers' next earnings date?
Sundial Growers is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.#N#View our earnings forecast for Sundial Growers.
How were Sundial Growers' earnings last quarter?
Sundial Growers Inc. (NASDAQ:SNDL) issued its earnings results on Thursday, August, 12th. The company reported $0.01 EPS for the quarter. The business earned $7.45 million during the quarter, compared to the consensus estimate of $8 million.
How has Sundial Growers' stock been impacted by COVID-19 (Coronavirus)?
Sundial Growers' stock was trading at $0.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNDL shares have decreased by 19.3% and is now trading at $0.7340.#N#View which stocks have been most impacted by COVID-19.
What price target have analysts set for SNDL?
5 brokerages have issued 12-month price objectives for Sundial Growers' stock. Their forecasts range from $0.40 to $1.15. On average, they anticipate Sundial Growers' stock price to reach $0.73 in the next twelve months.
What is Torsten Kuenzlen's approval rating as Sundial Growers' CEO?
3 employees have rated Sundial Growers CEO Torsten Kuenzlen on Glassdoor.com. Torsten Kuenzlen has an approval rating of 30% among Sundial Growers' employees. This puts Torsten Kuenzlen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
