StockNews.com upgraded shares of SunOpta (NASDAQ:STKL – Free Report) (TSE:SOY) from a sell rating to a hold rating in a research note published on Monday morning.
SunOpta Price Performance
SunOpta stock opened at $6.46 on Monday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.61 and a current ratio of 1.27. The company has a market cap of $770.93 million, a price-to-earnings ratio of -4.25 and a beta of 1.82. SunOpta has a 1 year low of $2.79 and a 1 year high of $7.59. The firm has a 50 day moving average price of $6.04 and a 200 day moving average price of $5.92.
SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. SunOpta had a negative net margin of 23.23% and a positive return on equity of 6.51%. The company had revenue of $171.00 million during the quarter, compared to analysts’ expectations of $159.95 million. During the same period in the previous year, the company earned ($0.03) EPS. The business’s quarterly revenue was down 17.7% compared to the same quarter last year. Sell-side analysts predict that SunOpta will post 0.14 earnings per share for the current year.
Institutional Trading of SunOpta
SunOpta Company Profile
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.
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