The price of Sunopta, Inc. (NASDAQ: STKL) closed at $6.78 in the last session, down -3.56% from day before closing price of $7.03. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 1433788 shares were traded. STKL stock price reached its highest trading level at $7.38 during the session, while it also had its lowest trading level at $6.76.
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Ratios:
We take a closer look at STKL’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 21 when HOUDE LOVAS KATRINA sold 45,000 shares for $4.40 per share. The transaction valued at 198,063 led to the insider holds 201,586 shares of the business.
Ennen Joseph bought 15,000 shares of STKL for $100,790 on May 31. The CEO now owns 1,887,401 shares after completing the transaction at $6.72 per share. On Mar 10, another insider, Buick Mike, who serves as the SVP and GM of the company, sold 7,000 shares for $7.80 each. As a result, the insider received 54,574 and left with 146,519 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 782.94M and an Enterprise Value of 1.21B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 4.88. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is 35.43.
Stock Price History:
Over the past 52 weeks, STKL has reached a high of $8.76, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 5.81, while the 200-Day Moving Average is calculated to be 5.32.
Shares Statistics:
According to the various share statistics, STKL traded on average about 821.73K shares per day over the past 3-months and 918.63k shares per day over the past 10 days. A total of 115.95M shares are outstanding, with a floating share count of 111.43M. Insiders hold about 3.97% of the company’s shares, while institutions hold 86.64% stake in the company. Shares short for STKL as of Feb 15, 2024 were 8.51M with a Short Ratio of 10.36, compared to 7.65M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.36% and a Short% of Float of 9.64%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.02 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 $0.03, 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 $0.12. EPS for the following year is $0.27, with 4 analysts recommending between $0.42 and $0.21.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $169.32M. 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 -24.40% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $160.11M, a decrease of -23.00% over than the figure of -$24.40% in the same quarter last year. There is a high estimate of $170.4M 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 $685.36M. In the same quarter a year ago, actual revenue was $630.3M, up 8.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $761.22M 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 11.10% from the average revenue estimate for this year.
