暴富21888
2022-05-22

$Sundial Growers Inc.(SNDL)$will the bull start charging?

@暴富21888$Sundial Growers Inc.(SNDL)$ Sundial Growers reported Q1-2022 revenue of CA$17.6 million, representing a 78% increase YoY. The company’s numbers do not yet include the Alcanna and Nova Cannabis acquisitions. Alcanna’s Q1-2022 revenue, not included in Sundial’s revenue report, was CA$162.5 million. Sundial Growers is currently undervalued, and its stock has begun a new uptrend. I am now rating Sundial Growers as a Buy and recommend a long-term strategy. Sundial Growers Looking Bullish As Revenue Growth From Acquisitions Increases May 19, 2022 12:34 PM ETSundial Growers Inc. (SNDL)VFF, VLNS9 Comments4 Likes Alan Sumler profile picture Alan Sumler 878 Followers Summary Sundial Growers reported Q1-2022 revenue of CA$17.6 million, representing a 78% increase YoY. The company’s numbers do not yet include the Alcanna and Nova Cannabis acquisitions. Alcanna’s Q1-2022 revenue, not included in Sundial’s revenue report, was CA$162.5 million. Sundial Growers is currently undervalued, and its stock has begun a new uptrend. I am now rating Sundial Growers as a Buy and recommend a long-term strategy. Bush of cannabis Riccardo_Mojana/iStock via Getty Images Sundial Growers (NASDAQ:SNDL) released it Q1-2022 report earlier this week. Although the company’s revenue numbers do not include Alcanna and Nova Cannabis yet, the company includes the two company’s Q1-2022 revenue and margin numbers. Sundial will include these numbers on future reports, and the company’s revenue numbers will increase above CA$100 million. Sundial lists its current book value at USD$1.3 billion, or USD$0.53 per share. The stock currently trades around USD$0.42 per share. The company is valued 1.31x NTM Total EV divided by Revenues. Currently, market volatility will continue to affect Sundial’s stock price. Regardless, I rate Sundial Growers as a Buy, while it trades at this discount. If the stock price moves up to its book value, it represents over 20% upside potential.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • pipiso
    2022-05-23
    pipiso
    good sharing
Leave a comment