Sundial Growers Inc. (Nasdaq: SNDL) announced that they will be reporting their second quarter financials after the market closes on August 12.
Analysts have a consensus $0.68 12-month price target on the company, via a total of 5 analysts, with 4 analysts having a hold rating, and one analyst has a sell rating. The street high comes from ATB Capital Markets with a $0.80 price target, and the lowest target comes in at a $0.45 price target.
Four analysts have revenue estimates for the second quarter. The mean between all 4 is C$10.12 million; this number has been revised slightly downwards from C$18.45 million at the start of the year. The street high is C$12.08 million while the lowest sits at C$8 million.
Two analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 32.50%, with this number being revised slightly higher from 28.30% at the start of the year. Street high goes to ATB Capital with a 40% estimate and the lowest sits at 25%.
Onto EBITDA estimates, there are currently only 3 analysts who have second quarter EBITDA estimates. The mean is currently C$0.63 million, with this number being higher than at the start of the year. Street high comes in at C$8 million EBITDA estimate and the lowest being a (C$5.6) million estimate.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
