FY2025 Earnings Estimate for SunOpta Issued By William Blair

Key Points

• William Blair has raised its FY2025 earnings estimate for SunOpta to $0.20 per share, up from a prior estimate of $0.19, with FY2026 earnings expected to be $0.32 EPS.
• SunOpta's stock is currently trading at $5.99, reflecting a 15.4% increase, with a market capitalization of $704.06 million.
• The company reported quarterly earnings of $0.04 per share, beating analyst expectations, alongside a revenue of $191.49 million which also exceeded estimates.

SunOpta, Inc. (NASDAQ:STKL - Free Report) TSE: SOY - William Blair lifted their FY2025 earnings per share estimates for SunOpta in a report released on Thursday, August 7th. William Blair analyst J. Andersen now expects that the company will post earnings of $0.20 per share for the year, up from their previous estimate of $0.19. The consensus estimate for SunOpta's current full-year earnings is $0.13 per share. William Blair also issued estimates for SunOpta's FY2026 earnings at $0.32 EPS.

SunOpta Trading Up 4.5%

SunOpta stock traded up $0.27 during trading on Friday, reaching $6.26. 1,151,101 shares of the company were exchanged, compared to its average volume of 974,310. SunOpta has a 52-week low of $3.64 and a 52-week high of $8.11. The company has a market capitalization of $735.80 million, a P/E ratio of -104.33 and a beta of 1.32. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.96 and a quick ratio of 0.39. The stock's 50 day simple moving average is $6.04 and its two-hundred day simple moving average is $5.81.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. SunOpta had a positive return on equity of 12.82% and a negative net margin of 0.66%. The firm had revenue of $191.49 million for the quarter, compared to the consensus estimate of $185.36 million.

Insider Buying and Selling

In other SunOpta news, CEO Brian W. Kocher bought 10,000 shares of SunOpta stock in a transaction on Tuesday, June 10th. The shares were bought at an average price of $5.72 per share, for a total transaction of $57,200.00. Following the completion of the transaction, the chief executive officer directly owned 10,000 shares of the company's stock, valued at $57,200. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On SunOpta

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cooperman Leon G raised its position in SunOpta by 9.1% in the first quarter. Cooperman Leon G now owns 6,097,331 shares of the company's stock valued at $29,633,000 after purchasing an additional 507,990 shares during the period. Granahan Investment Management LLC raised its position in SunOpta by 20.3% in the first quarter. Granahan Investment Management LLC now owns 3,346,836 shares of the company's stock valued at $16,266,000 after purchasing an additional 564,621 shares during the period. Geode Capital Management LLC raised its position in SunOpta by 4.4% in the second quarter. Geode Capital Management LLC now owns 2,330,166 shares of the company's stock valued at $13,517,000 after purchasing an additional 98,077 shares during the period. Vanguard Group Inc. raised its position in SunOpta by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 2,207,838 shares of the company's stock valued at $17,002,000 after purchasing an additional 71,116 shares during the period. Finally, Harbor Capital Advisors Inc. raised its position in SunOpta by 4.3% in the first quarter. Harbor Capital Advisors Inc. now owns 1,836,989 shares of the company's stock valued at $8,928,000 after purchasing an additional 75,067 shares during the period. Hedge funds and other institutional investors own 85.39% of the company's stock.

SunOpta Company Profile

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.