SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.
SunOpta Stock Performance
Shares of STKL opened at $6.42 on Thursday. SunOpta has a 12-month low of $2.79 and a 12-month high of $7.59. The company has a current ratio of 1.27, a quick ratio of 0.61 and a debt-to-equity ratio of 1.67. The company has a market cap of $766.87 million, a PE ratio of -4.65 and a beta of 1.83. The stock has a 50-day moving average price of $6.15 and a 200-day moving average price of $5.91.
SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $171.00 million for the quarter, compared to analyst estimates of $159.95 million. SunOpta had a negative net margin of 23.23% and a positive return on equity of 6.51%. The business’s revenue for the quarter was down 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.03) EPS. As a group, equities analysts forecast that SunOpta will post 0.14 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
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.
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