SunOpta (NASDAQ:STKL) Releases Earnings Results, Meets Estimates

SunOpta (NASDAQ:STKL) (TSE:SOY) issued its quarterly earnings results on Wednesday. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06, Zacks reports. The company had revenue of $193.91 million for the quarter, compared to analyst estimates of $189.90 million. SunOpta had a positive return on equity of 7.92% and a negative net margin of 2.74%. SunOpta updated its FY 2025 guidance to EPS.

SunOpta Stock Performance

NASDAQ STKL traded down $0.16 during trading on Friday, hitting $6.16. The company’s stock had a trading volume of 369,406 shares, compared to its average volume of 537,471. The firm has a market cap of $737.47 million, a P/E ratio of -33.91 and a beta of 1.79. The company has a quick ratio of 0.53, a current ratio of 1.20 and a debt-to-equity ratio of 1.61. SunOpta has a 52 week low of $4.88 and a 52 week high of $8.11. The firm has a 50 day moving average price of $7.43 and a 200 day moving average price of $6.96.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Stephens reaffirmed an “overweight” rating and set a $10.00 target price on shares of SunOpta in a report on Thursday, January 2nd. StockNews.com raised SunOpta from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $9.50.

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.