FY2025 Earnings Forecast for SunOpta Issued By William Blair

SunOpta Inc. (NASDAQ:STKL) (TSE:SOY) – Investment analysts at William Blair upped their FY2025 earnings per share (EPS) estimates for shares of SunOpta in a research note issued on Tuesday, November 5th. William Blair analyst J. Andersen now forecasts that the company will post earnings per share of $0.22 for the year, up from their previous forecast of $0.21. The consensus estimate for SunOpta’s current full-year earnings is $0.14 per share.

Other research analysts have also issued research reports about the company. DA Davidson reiterated a “buy” rating and issued a $9.00 price target on shares of SunOpta in a research report on Thursday, October 10th. Stephens lifted their target price on SunOpta from $9.00 to $10.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, StockNews.com upgraded SunOpta from a “sell” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.50.

SunOpta Stock Performance

Shares of NASDAQ:STKL opened at $7.29 on Thursday. The firm has a fifty day simple moving average of $6.33 and a two-hundred day simple moving average of $5.89. The company has a quick ratio of 0.61, a current ratio of 1.20 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $870.79 million, a P/E ratio of -40.50 and a beta of 1.83. SunOpta has a 52 week low of $3.85 and a 52 week high of $7.59.

SunOpta (NASDAQ:STKL) (TSE:SOY) last posted its earnings results on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $176.22 million during the quarter, compared to analyst estimates of $172.30 million. SunOpta had a negative net margin of 2.74% and a positive return on equity of 7.92%.

Institutional Trading of SunOpta

A number of hedge funds and other institutional investors have recently bought and sold shares of STKL. BNP Paribas Financial Markets grew its holdings in shares of SunOpta by 86.6% in the first quarter. BNP Paribas Financial Markets now owns 77,955 shares of the company’s stock worth $536,000 after purchasing an additional 36,172 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in SunOpta in the 1st quarter worth about $223,000. Heartland Advisors Inc. increased its position in shares of SunOpta by 11.1% during the first quarter. Heartland Advisors Inc. now owns 500,000 shares of the company’s stock worth $3,435,000 after acquiring an additional 50,000 shares during the period. Tectonic Advisors LLC raised its stake in shares of SunOpta by 13.6% during the first quarter. Tectonic Advisors LLC now owns 233,824 shares of the company’s stock valued at $1,606,000 after acquiring an additional 27,908 shares in the last quarter. Finally, Quantum Private Wealth LLC grew its stake in SunOpta by 17.6% in the first quarter. Quantum Private Wealth LLC now owns 66,673 shares of the company’s stock worth $458,000 after purchasing an additional 10,000 shares in the last quarter. Hedge funds and other institutional investors own 85.39% of the company’s stock.

Insider Buying and Selling at SunOpta

In other news, insider Robert Duchscher sold 50,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $7.33, for a total value of $366,500.00. Following the sale, the insider now directly owns 42,971 shares in the company, valued at approximately $314,977.43. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 6.48% of the company’s stock.

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.