Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Sunopta, Inc. (NASDAQ: STKL) closed the day trading at $5.61 up 2.28% from the previous closing price of $5.48. In other words, the price has increased by $2.28 from its previous closing price. On the day, 1.28 million shares were traded. STKL stock price reached its highest trading level at $5.67 during the session, while it also had its lowest trading level at $5.465.
Ratios:
For a better understanding of STKL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 1.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on December 08, 2023, initiated with a Buy rating and assigned the stock a target price of $8.
On October 02, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $9.
On June 23, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $10.Stephens initiated its Overweight rating on June 23, 2023, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’24 when Ennen Joseph sold 150,000 shares for $6.89 per share. The transaction valued at 1,033,335 led to the insider holds 1,743,399 shares of the business.
Kocher Brian W bought 38,000 shares of STKL for $252,757 on Mar 05 ’24. The CEO now owns 74,000 shares after completing the transaction at $6.65 per share. On Mar 04 ’24, another insider, Kocher Brian W, who serves as the CEO of the company, bought 36,000 shares for $6.75 each. As a result, the insider paid 243,126 and bolstered with 36,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STKL now has a Market Capitalization of 651424320 and an Enterprise Value of 1061306880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 1.684 whereas that against EBITDA is 16.978.
Stock Price History:
The Beta on a monthly basis for STKL is 1.82, which has changed by -0.31755918 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, STKL has reached a high of $8.27, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is -13.59%, while the 200-Day Moving Average is calculated to be 6.68%.
Shares Statistics:
Over the past 3-months, STKL traded about 849.62K shares per day on average, while over the past 10 days, STKL traded about 875650 shares per day. A total of 115.95M shares are outstanding, with a floating share count of 111.38M. Insiders hold about 4.01% of the company’s shares, while institutions hold 85.89% stake in the company. Shares short for STKL as of 1713139200 were 5951816 with a Short Ratio of 7.01, compared to 1710460800 on 6971839. Therefore, it implies a Short% of Shares Outstanding of 5951816 and a Short% of Float of 6.550000000000001.
Earnings Estimates
The market rating of Sunopta, Inc. (STKL) is currently shaped by the ongoing analysis conducted by 6.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.04 and a low estimate of $0.01, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.19 and $0.09 for the fiscal current year, implying an average EPS of $0.13. EPS for the following year is $0.26, with 6.0 analysts recommending between $0.42 and $0.18.
Revenue Estimates
8 analysts predict $168.87M in revenue for the current quarter. It ranges from a high estimate of $174.5M to a low estimate of $164.73M. As of the current estimate, Sunopta, Inc.’s year-ago sales were $223.88MFor the next quarter, 8 analysts are estimating revenue of $157.93M. There is a high estimate of $164.2M for the next quarter, whereas the lowest estimate is $152.8M.
A total of 8 analysts have provided revenue estimates for STKL’s current fiscal year. The highest revenue estimate was $700M, while the lowest revenue estimate was $666.5M, resulting in an average revenue estimate of $684.15M. In the same quarter a year ago, actual revenue was $630.3MBased on 7 analysts’ estimates, the company’s revenue will be $757.74M in the next fiscal year. The high estimate is $798.7M and the low estimate is $725.8M.
