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 $1.97, down 0.51% from the previous day, and has increased 17.26% in one year. It has overperformed other stocks in the Beverages - Wineries & Distilleries industry by 0.29 percentage points. Sndl stock is currently +51.54% from its 52-week low of $1.30, and -32.76% 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 $520.64M. In the last 24 hours, 2.35M 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
In our opinion, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today.
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 0.59x, relative to Beverages - Wineries & Distilleries industry P/B ratio of 5.18x
You can access additional valuation analysis on SNDL's stock here.
Is SNDL a healthy company?
Pros:
- SNDL's operating cash flow of $35.25M allows it to safely service it's debt of $113.39M.
- 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 -32.7% to -12.8% in the past year.
- Total SNDL debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SNDL earnings of -$84.47M is not enough to cover its interest payments.
Is it a good time to buy Sndl stock, according to analysts?
Out of 1 Equities analysts who track SNDL, the consensus analyst rating on Sndl is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Sndl stock forecast page.
SNDL Technical Indicators
How are SNDL Revenues/Earnings doing?
Last year, SNDL revenue was $656.06M. During the past five year, SNDL's revenue has grown by 111.1% per year. This was faster than the Beverages - Wineries & Distilleries industry average of 7.97%.
Dive into SNDL's earnings and revenue performance here.
Are SNDL executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at SNDL have not bought or sold any shares.
Research more 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.
SNDL Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see 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 the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you want more help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your SNDL position
Now that you own some SNDL stock, you'll want to stay up-to-date on your new company.
Create 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 you need to take to buy Sndl stock right now:
- 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 need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Sndl, hit the button below to create your watchlist.
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