Sundial Growers: Analysts Expect Positive EBITDA For Second Quarter

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.

Video Articles

Why $50 Silver, $4000 Gold Might Be Closer Than Anyone Thinks | Bradley Langille – GoGold Resources

Why Silver’s True Price Could Be Much Higher | Joaquín Marias – Argenta Silver

Gold Enters A ‘Stronger For Longer’ Phase | Richard Young – i-80 Gold

Recommended

Emerita Resources Intersects Further Mineralization At El Cura, Expanding Deposit

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

Related News

Green Thumb: Fourth Quarter Analyst Consensus Estimates

Green Thumb Industries (CSE: GTII) announced that they will be reporting their fourth quarter and...

Saturday, March 13, 2021, 02:41:00 PM

WeedMD: Canaccord Initiates Coverage With $0.60 Price Target

Yesterday morning, Canaccord Genuity initiated coverage on WeedMD Inc (TSXV: WMD) with a C$0.60 12-month...

Thursday, March 25, 2021, 11:47:00 AM

Sundial Reveals 10.1% Stake In The Valens Company

In an unexpected announcement this morning, it appears that Sundial Growers (NASDAQ: SNDL) is eyeing...

Tuesday, May 4, 2021, 07:12:44 AM

Cineplex: Consensus Price Target Sees Marginal Lift Post Earnings

Cineplex Inc. (TSX: CGX) reported their first-quarter financial results last week, with the company reporting...

Monday, May 10, 2021, 10:41:00 AM

Sundial Growers Closes Inner Spirit Acquisition Deal

Sundial Growers Inc. (Nasdaq: SNDL) completes the previously announced acquisition of all issued and outstanding...

Wednesday, July 21, 2021, 07:10:00 AM