Sunopta, Inc. (NASDAQ: STKL) closed the day trading at $6.26 down -5.58% from the previous closing price of $6.63. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 724323 shares were traded.
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 767.56M and an Enterprise Value of 1.15B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 4.51. Its current Enterprise Value per Revenue stands at 1.82 whereas that against EBITDA is 31.14.
Stock Price History:
Over the past 52 weeks, STKL has reached a high of $8.58, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 6.44, while the 200-Day Moving Average is calculated to be 5.27.
Shares Statistics:
Over the past 3-months, STKL traded about 817.31K shares per day on average, while over the past 10 days, STKL traded about 683.94k shares per day. A total of 115.95M shares are outstanding, with a floating share count of 111.40M. Insiders hold about 4.01% of the company’s shares, while institutions hold 86.61% stake in the company. Shares short for STKL as of Mar 15, 2024 were 6.97M with a Short Ratio of 8.53, compared to 8.51M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.01% and a Short% of Float of 7.86%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. 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 analysts recommending between $0.42 and $0.2.
Revenue Estimates
8 analysts predict $169.43M 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 $223.88M, an estimated decrease of -24.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $158.41M, a decrease of -23.80% over than the figure of -$24.30% in the same quarter last year. There is a high estimate of $164.2M for the next quarter, whereas the lowest estimate is $153.58M.
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 $670.01M, resulting in an average revenue estimate of $686.35M. In the same quarter a year ago, actual revenue was $630.3M, up 8.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $760.5M in the next fiscal year. The high estimate is $798.7M and the low estimate is $728.2M. The average revenue growth estimate for next year is up 10.80% from the average revenue estimate for this year.
