StockNews.com upgraded shares of SunOpta (NASDAQ:STKL – Free Report) (TSE:SOY) from a sell rating to a hold rating in a research note released on Thursday.
SunOpta Stock Up 0.9 %
Shares of NASDAQ STKL opened at $6.42 on Thursday. The company has a market capitalization of $766.16 million, a price-to-earnings ratio of -4.22 and a beta of 1.83. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.27 and a quick ratio of 0.61. The business has a 50-day moving average of $6.18 and a two-hundred day moving average of $5.90. SunOpta has a 1 year low of $2.79 and a 1 year high of $7.59.
SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) last posted its earnings results on Wednesday, August 7th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. SunOpta had a positive return on equity of 6.51% and a negative net margin of 23.23%. The business had revenue of $171.00 million during the quarter, compared to the consensus estimate of $159.95 million. During the same period in the previous year, the business earned ($0.03) EPS. The business’s quarterly revenue was down 17.7% on a year-over-year basis. On average, analysts forecast that SunOpta will post 0.14 earnings per share for the current fiscal 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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