Equities Analysts Set Expectations for Stryve Foods, Inc.’s Q1 2024 Earnings (NASDAQ:SNAX)

Stryve Foods, Inc. (NASDAQ:SNAXFree Report) – Northland Capmk issued their Q1 2024 earnings per share (EPS) estimates for shares of Stryve Foods in a research report issued to clients and investors on Tuesday, April 2nd. Northland Capmk analyst M. Grondahl anticipates that the company will earn ($1.76) per share for the quarter. Northland Capmk also issued estimates for Stryve Foods’ Q2 2024 earnings at ($1.55) EPS, Q3 2024 earnings at ($1.37) EPS, Q4 2024 earnings at ($1.10) EPS and FY2024 earnings at ($5.76) EPS.

Stryve Foods Trading Down 3.7 %

Shares of SNAX stock opened at $1.16 on Thursday. Stryve Foods has a one year low of $1.04 and a one year high of $12.75. The company has a fifty day moving average price of $1.36 and a two-hundred day moving average price of $2.21. The company has a current ratio of 0.76, a quick ratio of 0.31 and a debt-to-equity ratio of 2.70.

Institutional Investors Weigh In On Stryve Foods

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Stryve Foods by 252.1% during the first quarter. Vanguard Group Inc. now owns 58,772 shares of the company’s stock worth $73,000 after purchasing an additional 42,082 shares during the period. Renaissance Technologies LLC lifted its stake in Stryve Foods by 82.3% during the first quarter. Renaissance Technologies LLC now owns 25,700 shares of the company’s stock worth $32,000 after purchasing an additional 11,600 shares during the last quarter. Cannell Capital LLC acquired a new stake in shares of Stryve Foods in the 1st quarter valued at $1,924,000. Millennium Management LLC bought a new position in shares of Stryve Foods in the 2nd quarter valued at $50,000. Finally, Citadel Advisors LLC acquired a new position in shares of Stryve Foods during the 3rd quarter worth $95,000. Institutional investors and hedge funds own 40.28% of the company’s stock.

About Stryve Foods

(Get Free Report)

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.

Further Reading

Receive News & Ratings for Stryve Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stryve Foods and related companies with MarketBeat.com's FREE daily email newsletter.