Stryve Foods FY2024 EPS Estimate Boosted by Northland Capmk

Stryve Foods, Inc. (NASDAQ:SNAX) – Research analysts at Northland Capmk raised their FY2024 EPS estimates for shares of Stryve Foods in a research report issued on Thursday, November 14th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings per share of ($3.67) for the year, up from their prior forecast of ($4.05). The consensus estimate for Stryve Foods’ current full-year earnings is ($3.67) per share. Northland Capmk also issued estimates for Stryve Foods’ Q4 2024 earnings at ($0.63) EPS.

Stryve Foods Price Performance

NASDAQ:SNAX opened at $0.94 on Monday. The firm’s fifty day moving average price is $1.17 and its 200 day moving average price is $1.58. Stryve Foods has a 1-year low of $0.75 and a 1-year high of $3.38. The firm has a market cap of $3.13 million, a price-to-earnings ratio of -0.17 and a beta of 1.10.

Hedge Funds Weigh In On Stryve Foods

A hedge fund recently bought a new stake in Stryve Foods stock. CWA Asset Management Group LLC acquired a new stake in Stryve Foods, Inc. (NASDAQ:SNAX) during the third quarter, according to its most recent filing with the SEC. The firm acquired 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned about 6.91% of Stryve Foods at the end of the most recent reporting period. 40.28% of the stock is owned by hedge funds and other institutional investors.

About Stryve Foods

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.