SunOpta Inc. (TSE:SOY - Free Report ) NASDAQ: STKL - Stock analysts at William Blair lowered their Q2 2024 earnings per share (EPS) estimates for shares of SunOpta in a research note issued to investors on Thursday, May 9th. William Blair analyst J. Andersen now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.03. The consensus estimate for SunOpta's current full-year earnings is $0.07 per share. William Blair also issued estimates for SunOpta's Q3 2024 earnings at $0.03 EPS, Q4 2024 earnings at $0.08 EPS and FY2025 earnings at $0.27 EPS.
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SunOpta (TSE:SOY - Get Free Report ) NASDAQ: STKL last posted its earnings results on Wednesday, May 8th. The company reported C$0.03 earnings per share for the quarter, hitting the consensus estimate of C$0.03. SunOpta had a negative return on equity of 8.38% and a negative net margin of 27.77%. The firm had revenue of C$246.51 million for the quarter, compared to analyst estimates of C$223.99 million.
SunOpta Stock Down 0.5 % Shares of SOY traded down C$0.04 during midday trading on Friday, hitting C$7.98. The stock had a trading volume of 115,889 shares, compared to its average volume of 53,638. The company has a 50 day simple moving average of C$8.78 and a two-hundred day simple moving average of C$7.70. SunOpta has a twelve month low of C$3.82 and a twelve month high of C$10.89. The firm has a market cap of C$926.32 million, a price-to-earnings ratio of -27.52, a price-to-earnings-growth ratio of 3.16 and a beta of 1.73. The company has a debt-to-equity ratio of 226.02, a current ratio of 1.19 and a quick ratio of 0.49.
Insider Buying and Selling at SunOpta In related news, Director Joseph Ennen sold 12,838 shares of SunOpta stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of C$6.90, for a total value of C$88,518.01. Company insiders own 3.81% of the company's stock.
SunOpta Company Profile (
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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.
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