SunOpta (SOY) to Release Earnings on Wednesday

SunOpta (TSE:SOY) (NASDAQ:STKL) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of C$0.03 per share for the quarter.

SunOpta (TSE:SOY) (NASDAQ:STKL) last issued its quarterly earnings data on Wednesday, February 28th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.06. SunOpta had a negative net margin of 27.77% and a negative return on equity of 8.38%. The firm had revenue of C$247.29 million during the quarter, compared to analysts’ expectations of C$227.30 million.

SunOpta Price Performance

TSE SOY opened at C$7.58 on Tuesday. SunOpta has a fifty-two week low of C$3.82 and a fifty-two week high of C$10.97. The stock’s 50-day moving average is C$8.85 and its two-hundred day moving average is C$7.66. The firm has a market cap of C$879.89 million, a P/E ratio of -26.14, a price-to-earnings-growth ratio of 3.16 and a beta of 1.73. The company has a debt-to-equity ratio of 226.02, a current ratio of 1.19 and a quick ratio of 0.49.

Insider Activity at SunOpta

In other news, Director Joseph Ennen sold 12,838 shares of SunOpta stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of C$6.90, for a total value of C$88,518.01. 3.81% of the stock is owned by company insiders.

About SunOpta

SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally. The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks.