How to Buy Sndl Stock
Sndl Inc
SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Cannabis Operations and Retail Operations segments.
Sndl stock last closed at $1.48, up 0.68% from the previous day, and has decreased 26.37% in one year. It has overperformed other stocks in the Beverages - Wineries & Distilleries industry by 0.1 percentage points. Sndl stock is currently +17.46% from its 52-week low of $1.26, and -49.49% from its 52-week high of $2.93.
At the moment, there are 264.28M shares of SNDL outstanding. The market cap of SNDL is $391.14M. In the last 24 hours, 893,855 SNDL shares were traded.
How to Buy Sndl Stock
Not sure how to invest in Sndl stock? Here's how.
- Figure out where to buy Sndl stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Sndl stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your information.
- Analyze Sndl stock: The Sndl ticker symbol is SNDL. Is Sndl stock a good investment? Should you buy shares of SNDL? How do SNDL's underlying business fundamentals look? Do top analysts think Sndl is a good buy? Why has SNDL's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if SNDL is a good stock to buy).
- Make your SNDL buy order: Decide if you will purchase SNDL shares at the current market price or use a limit order to buy SNDL stock at a given price.
- Monitor your SNDL position: Create a watchlist to get the latest news on your new investment in Sndl shares.
Step 1: Figure out where to buy Sndl stock
You will need a brokerage account in order to access the NASDAQ market and buy SNDL shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to invest in SNDL stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best stock app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your new investment account.
Step 4: Analyze Sndl stock
After you have identified the best place to buy Sndl stock, it's very important to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.
Sndl stock data
SNDL Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on SNDL's stock page.
Is SNDL stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SNDL's fair value.
Using relative valuations metrics:
- SNDL may be undervalued based on its P/B ratio of 0.5x, relative to Beverages - Wineries & Distilleries industry P/B ratio of 4.66x
You can access additional valuation analysis on SNDL's stock here.
Is SNDL a healthy company?
Pros:
- SNDL's operating cash flow of $38.13M allows it to safely service it's debt of $105.75M.
- SNDL has a low debt to equity ratio of 0.19.
- There are more short-term assets than short-term liabilities on the SNDL balance sheet.
- There are more short-term assets than long-term liabilities on the SNDL balance sheet.
- SNDL profit margin has gone up from -19% to -10.3% in the past year.
- Total SNDL debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SNDL earnings of -$72.36M is not enough to cover its interest payments.
You can dig deeper into what analysts are projecting on the Sndl stock forecast page.
SNDL Technicals
SNDL Earnings
Last year, SNDL revenue was $639.20M. Over the last 5 year, SNDL's revenue has increased by 67.47% per year. This was faster than the Beverages - Wineries & Distilleries industry average of 7.51%.
Dig into SNDL's earnings and revenue performance here.
Latest Insiders Trades at SNDL
In the past 12 months, executives and large shareholders at SNDL have not bought or sold any shares.
Get more info about who owns SNDL shares here.
Can I rely on SNDL as an income stream?
No, Sndl doesn't provide an income stream by paying out dividends.
What others are saying about SNDL
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your SNDL buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and your broker will place your order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Monitor your SNDL position
Now that you own some SNDL shares, you'll want to stay up-to-date on your new stock purchase.
Add SNDL to a watchlist to get the latest updates about your SNDL stock.
SNDL Feed
How to Buy Stock in Sndl
To summarize, here are the 6 steps to buy stock in Sndl:
- Figure out where to buy Sndl stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Sndl stock
- Make your SNDL buy order
- Monitor your SNDL position
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Sndl, create a watchlist today.
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