FY2025 Earnings Estimate for SunOpta Issued By William Blair

SunOpta Inc. (NASDAQ:STKL) (TSE:SOY) – Equities researchers at William Blair upped their FY2025 earnings per share (EPS) estimates for shares of SunOpta in a report released on Tuesday, November 5th. William Blair analyst J. Andersen now expects that the company will earn $0.22 per share for the year, up from their prior estimate of $0.21. The consensus estimate for SunOpta’s current full-year earnings is $0.14 per share.

SunOpta (NASDAQ:STKL) (TSE:SOY) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $176.22 million during the quarter, compared to the consensus estimate of $172.30 million. SunOpta had a negative net margin of 23.23% and a positive return on equity of 6.51%.

A number of other research analysts also recently issued reports on STKL. DA Davidson reiterated a “buy” rating and set a $9.00 price objective on shares of SunOpta in a report on Thursday, October 10th. Stephens lifted their price objective on shares of SunOpta from $9.00 to $10.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, StockNews.com cut shares of SunOpta from a “hold” rating to a “sell” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $9.50.

SunOpta Stock Performance

STKL opened at $7.45 on Thursday. The company has a market capitalization of $889.90 million, a price-to-earnings ratio of -5.36 and a beta of 1.83. The business’s 50-day moving average price is $6.30 and its two-hundred day moving average price is $5.89. SunOpta has a 1 year low of $3.81 and a 1 year high of $7.59. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.27 and a quick ratio of 0.61.

Institutional Investors Weigh In On SunOpta

Large investors have recently made changes to their positions in the stock. Royce & Associates LP raised its position in SunOpta by 9.3% during the third quarter. Royce & Associates LP now owns 1,538,496 shares of the company’s stock worth $9,816,000 after acquiring an additional 130,470 shares in the last quarter. GSA Capital Partners LLP raised its holdings in shares of SunOpta by 16.9% in the 3rd quarter. GSA Capital Partners LLP now owns 212,462 shares of the company’s stock valued at $1,356,000 after purchasing an additional 30,646 shares during the period. Hollencrest Capital Management lifted its stake in SunOpta by 1,600.0% in the 3rd quarter. Hollencrest Capital Management now owns 17,000 shares of the company’s stock valued at $108,000 after purchasing an additional 16,000 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in SunOpta by 127.6% during the third quarter. Harbor Capital Advisors Inc. now owns 1,063,918 shares of the company’s stock worth $6,788,000 after purchasing an additional 596,403 shares during the period. Finally, US Bancorp DE increased its position in SunOpta by 139.3% during the third quarter. US Bancorp DE now owns 8,197 shares of the company’s stock worth $52,000 after buying an additional 4,772 shares during the last quarter. Institutional investors and hedge funds own 85.39% of the company’s stock.

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.