StockNews.com cut shares of SunOpta (NASDAQ:STKL – Free Report) (TSE:SOY) from a hold rating to a sell rating in a report released on Monday morning.
SunOpta Price Performance
NASDAQ:STKL opened at $5.99 on Monday. 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 company has a 50 day moving average price of $5.58 and a 200-day moving average price of $5.93. SunOpta has a 1-year low of $2.79 and a 1-year high of $7.59. The firm has a market cap of $714.84 million, a price-to-earnings ratio of -3.94 and a beta of 1.85.
SunOpta (NASDAQ:STKL – Get Free Report) (TSE:SOY) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company earned ($0.03) earnings per share. The firm’s revenue for the quarter was down 17.7% on a year-over-year basis. Equities research analysts forecast that SunOpta will post 0.14 EPS for the current year.
Institutional Inflows and Outflows
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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