Suja Life, Inc. (NASDAQ:SUJA) Stock Has Consensus Price Target of $25.00 According to Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Suja Life, with seven brokerages setting an average 12-month price target of $25.00; ratings include three buys, one strong buy, two holds, and one sell.
• Recent analyst sentiment is mixed: Roth Capital initiated coverage with a buy rating and a $20 target, while Wall Street Zen and Weiss Ratings issued sell ratings and William Blair downgraded the stock to market perform.
• Suja Life reported quarterly revenue of $83.86 million, up 11.2% year over year, but its $0.14 per-share loss missed the consensus estimate for $0.20 EPS. Shares opened at $10.25, and insiders bought more than 2.17 million shares during the last quarter.

Suja Life, Inc. (NASDAQ:SUJA - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the seven brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $25.00.

SUJA has been the topic of a number of recent research reports. Wall Street Zen cut Suja Life from a "hold" rating to a "sell" rating in a research note on Sunday, July 12th. Weiss Ratings started coverage on Suja Life in a research report on Wednesday, August 5th. They issued a "sell (e-)" rating for the company. Roth Capital initiated coverage on shares of Suja Life in a research note on Friday. They issued a "buy" rating and a $20.00 price target on the stock. William Blair cut shares of Suja Life from an "outperform" rating to a "market perform" rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Suja Life in a research report on Wednesday, August 5th.

Suja Life Price Performance

Shares of SUJA opened at $10.25 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The stock has a 50 day moving average of $8.75. Suja Life has a 52 week low of $5.59 and a 52 week high of $18.48.

Suja Life (NASDAQ:SUJA - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.34). The company had revenue of $83.86 million during the quarter. The business's quarterly revenue was up 11.2% compared to the same quarter last year. On average, analysts forecast that Suja Life will post 0.06 EPS for the current year.

Insider Buying and Selling

In other Suja Life news, major shareholder Schwartz Food Chain Fund Paine bought 50,000 shares of the business's stock in a transaction on Tuesday, September 8th. The shares were acquired at an average cost of $9.90 per share, for a total transaction of $495,000.00. Following the purchase, the insider owned 11,921,253 shares in the company, valued at approximately $118,020,404.70. This trade represents a 0.42% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders acquired 2,175,260 shares of company stock worth $18,052,220.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Readystate Asset Management LP bought a new stake in Suja Life in the 2nd quarter worth about $305,000. State Street Corp bought a new position in Suja Life during the 2nd quarter valued at about $607,000. Finally, Citadel Advisors LLC bought a new position in Suja Life during the 2nd quarter valued at about $8,294,000.

About Suja Life

Suja Life, Inc is a wellness beverage company focused on producing and marketing organic and functional drinks. Its portfolio includes cold-pressed juices, probiotic beverages, kombucha, wellness shots and other products designed to support everyday health and nutrition.

The company's principal brands include Suja Organic, which offers refrigerated juices, smoothies and functional beverages, and Vive Organic, which specializes in concentrated wellness shots and other functional drinks.

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