SunOpta (STKL) to Release Quarterly Earnings on Wednesday

SunOpta (NASDAQ:STKL) (TSE:SOY) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

SunOpta Trading Down 2.4 %

Shares of SunOpta stock opened at $7.46 on Wednesday. SunOpta has a 52-week low of $4.88 and a 52-week high of $8.11. The stock’s 50-day simple moving average is $7.53 and its 200 day simple moving average is $6.89. The stock has a market capitalization of $892.59 million, a P/E ratio of -41.44 and a beta of 1.79. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.53 and a current ratio of 1.20.

Analyst Upgrades and Downgrades

STKL has been the subject of a number of recent analyst reports. StockNews.com raised SunOpta from a “sell” rating to a “hold” rating in a report on Saturday, November 9th. Stephens reaffirmed an “overweight” rating and set a $10.00 target price on shares of SunOpta in a report on Thursday, January 2nd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $9.50.

About SunOpta

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.