NASDAQ:STKL

SunOpta (STKL) Stock Forecast, Price & News

$6.88

-0.02 (-0.29%)

(As of 06/9/2023 ET)

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Today's Range: $6.76
▼
$6.92
50-Day Range: $6.58
▼
$8.50
52-Week Range: $6.33
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$11.67

Volume: 795,880 shs
Average Volume: 898,447 shs
Market Capitalization: $811.29 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.75

SunOpta MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 114.4% Upside
$14.75 Price Target
Short Interest: Healthy
4.63% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.85
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$100,800 Bought Last Quarter
Proj. Earnings Growth: 71.43%
From $0.07 to $0.12 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars

Consumer Staples Sector

14th out of 136 stocks

Farm - Product Raw Materials Industry

1st out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
SunOpta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.75, SunOpta has a forecasted upside of 114.4% from its current price of $6.88.
Amount of Analyst Coverage
SunOpta has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.63% of the outstanding shares of SunOpta have been sold short.
Short Interest Ratio / Days to Cover
SunOpta has a short interest ratio ("days to cover") of 6.2.
Change versus previous month
Short interest in SunOpta has recently decreased by 9.15%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
SunOpta does not currently pay a dividend.
Dividend Growth
SunOpta does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STKL.

3.2

News and Social Media Coverage

News Sentiment
SunOpta has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for SunOpta this week, compared to 3 articles on an average week.
Search Interest
18 people have searched for STKL on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added SunOpta to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SunOpta insiders have bought 84.62% more of their company's stock than they have sold. Specifically, they have bought $100,800.00 in company stock and sold $54,600.00 in company stock.
Percentage Held by Insiders
Only 5.82% of the stock of SunOpta is held by insiders.
Percentage Held by Institutions
74.11% of the stock of SunOpta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for SunOpta are expected to grow by 71.43% in the coming year, from $0.07 to $0.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SunOpta is -68.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SunOpta is -68.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SunOpta has a P/B Ratio of 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SunOpta (NASDAQ:STKL) Stock

SunOpta Inc. manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodservice distributors, branded food companies, and food manufacturers worldwide. The company operates through two segments, Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages. The Plant-Based Foods and Beverages segment provides plant-based beverages, and liquid and dry ingredients that utilizes almond, soy, coconut, oat, hemp, and other bases, as well as broths, teas, and nutritional beverages. This segment also packages dry- and oil-roasted in-shell sunflower and sunflower kernels; and processes and sells raw sunflower inshell and kernel for food and feed applications. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruits, such as strawberries, blueberries, mangos, pineapples, blends, and other berries for retail; and IQF and bulk frozen fruits, including purées, toppings, and smoothies for foodservice, and custom fruit preparations for industrial use. This segment also provides fruit snacks comprising bars, twists, ropes, and bite-sized products. The company was formerly known as Stake Technology Ltd. and changed its name to SunOpta Inc. in October 2003. SunOpta Inc. was founded in 1973 and is headquartered in Eden Prairie, Minnesota.

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STKL Stock News Headlines

June 8, 2023 | finance.yahoo.com

Fewer Investors Than Expected Jumping On SunOpta Inc. (NASDAQ:STKL)

June 3, 2023 | americanbankingnews.com

Joseph Ennen Acquires 15,000 Shares of SunOpta Inc. (NASDAQ:STKL) Stock

June 10, 2023 | Vantage Point (Ad)

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May 27, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Rating Increased to Hold at StockNews.com

May 25, 2023 | finance.yahoo.com

Here's Why SunOpta (STKL) is Poised for a Turnaround After Losing -11.15% in 4 Weeks

May 23, 2023 | finance.yahoo.com

SunOpta (STKL) and Celsius (CELH) are Aggressive Growth Stocks

May 17, 2023 | seekingalpha.com

SunOpta Inc. 2023 Q1 - Results - Earnings Call Presentation

May 17, 2023 | americanbankingnews.com

FY2023 EPS Estimates for SunOpta Inc. (NASDAQ:STKL) Raised by Analyst

June 10, 2023 | Vector Vest (Ad)

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May 14, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Rating Lowered to Sell at StockNews.com

May 14, 2023 | americanbankingnews.com

SunOpta Inc. to Post Q3 2023 Earnings of $0.00 Per Share, William Blair Forecasts (NASDAQ:STKL)

May 12, 2023 | msn.com

SunOpta: Q1 Earnings Insights

May 10, 2023 | seekingalpha.com

SunOpta Inc. (STKL) Q1 2023 Earnings Conference Call

May 10, 2023 | businesswire.com

SunOpta Announces First Quarter 2023 Financial Results

May 10, 2023 | apnews.com

SunOpta: Q1 Earnings Snapshot

May 8, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Lifted to Hold at StockNews.com

May 7, 2023 | finance.yahoo.com

Recent 5.4% pullback isn't enough to hurt long-term SunOpta (NASDAQ:STKL) shareholders, they're still up 147% over 3 years

May 3, 2023 | americanbankingnews.com

SunOpta (STKL) Scheduled to Post Quarterly Earnings on Wednesday

April 22, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Downgraded by StockNews.com

April 15, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Lowered to "Sell" at StockNews.com

April 14, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Shares Up 5.2%

April 4, 2023 | finance.yahoo.com

With 81% ownership, SunOpta Inc. (NASDAQ:STKL) boasts of strong institutional backing

April 2, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Upgraded at StockNews.com

March 14, 2023 | finance.yahoo.com

SunOpta Inc. (NASDAQ:STKL) Could Be Less Than A Year Away From Profitability

March 6, 2023 | finance.yahoo.com

SunOpta Inc. (NASDAQ:STKL) Q4 2022 Earnings Call Transcript

March 1, 2023 | finance.yahoo.com

SunOpta Announces Fourth Quarter and Fiscal 2022 Financial Results

February 15, 2023 | finance.yahoo.com

SunOpta Inc. Schedules Fourth Quarter and Full Year 2022 Financial Results Release and Conference Call

See More Headlines

STKL Price History

30 days | 90 days | 365 days | Advanced Chart

STKL Company Calendar

Last Earnings: 3/01/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Farm-product raw materials
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:STKL
CUSIP: N/A
CIK: 351834
Web: www.sunopta.com
Phone: 952-820-2518
Fax: 905-819-7971
Employees: 1,453
Year Founded: 1973

Price Target and Rating

Average Stock Price Forecast: $14.75
High Stock Price Forecast: $18.00
Low Stock Price Forecast: $12.00
Forecasted Upside/Downside: +117.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 96.86
P/E Growth: N/A
Net Income: $-4,840,000.00
Net Margins: -0.93%
Pretax Margin: -1.78%
Return on Equity: 4.50%
Return on Assets: 1.66%

Debt

Debt-to-Equity Ratio: 0.86
Current Ratio: 1.75
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $934.66 million
Price / Sales: 0.86
Cash Flow: $0.42 per share
Price / Cash Flow: 16.28
Book Value: $2.92 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 117,920,000
Free Float: 111,053,000
Market Cap: $799.50 million
Optionable: Optionable
Beta: 1.48

Social Links

Key Executives

Mr. Joseph D. Ennen (Age 56)
CEO & Director
Comp: $759.72k

Mr. Scott E. Huckins (Age 56)
Chief Financial Officer
Comp: $580k

Ms. Jill Barnett (Age 49)
Gen. Counsel, Chief Admin. Officer & Corp. Sec.
Comp: $409.12k

Mr. Christopher Whitehair (Age 58)
Sr. VP of Supply Chain
Comp: $419.97k

Mr. Michael Buick (Age 47)
Sr. VP and GM of Plant-Based Food & Beverage
Comp: $410.17k

Mr. Rob Duchscher (Age 62)
Chief Information Officer

Mr. Chad Hagen
Sr. VP of Sales

Mr. David Largey (Age 61)
Sr. VP & Chief Quality Officer

Mr. Barend Reijn (Age 41)
Sr. VP of Global Sourcing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STKL Stock - Frequently Asked Questions

Should I buy or sell SunOpta stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunOpta in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" STKL shares.
View STKL analyst ratings or view top-rated stocks.
What is SunOpta's stock price forecast for 2023?: 1 brokerages have issued 12 month price objectives for SunOpta's shares. Their STKL share price forecasts range from $12.00 to $18.00. On average, they predict the company's share price to reach $14.75 in the next year. This suggests a possible upside of 117.6% from the stock's current price.
View analysts price targets for STKL or view top-rated stocks among Wall Street analysts.
How have STKL shares performed in 2023?: SunOpta's stock was trading at $8.44 at the start of the year. Since then, STKL shares have decreased by 19.7% and is now trading at $6.78.
View the best growth stocks for 2023 here.
When is SunOpta's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our STKL earnings forecast.
How were SunOpta's earnings last quarter?: SunOpta Inc. (NASDAQ:STKL) released its quarterly earnings results on Wednesday, March, 1st. The company reported $0.02 earnings per share (EPS) for the quarter. The firm earned $221.29 million during the quarter, compared to the consensus estimate of $220.60 million. SunOpta had a positive trailing twelve-month return on equity of 4.50% and a negative net margin of 0.93%. The business's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.01) earnings per share.
What ETFs hold SunOpta's stock?: ETFs with the largest weight of SunOpta (NASDAQ:STKL) stock in their portfolio include BlackRock Future Climate and Sustainable Economy ETF (BECO) and Global X AgTech & Food Innovation ETF (KROP).iShares Micro-Cap ETF (IWC).
What guidance has SunOpta issued on next quarter's earnings?: SunOpta updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.00 billion-$1.05 billion, compared to the consensus revenue estimate of $1.02 billion.

What other stocks do shareholders of SunOpta own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SunOpta investors own include Plug Power (PLUG), Walt Disney (DIS), Advanced Micro Devices (AMD), Intel (INTC), NVIDIA (NVDA), Pfizer (PFE), Sorrento Therapeutics (SRNE), Tesla (TSLA), QUALCOMM (QCOM) and Alibaba Group (BABA).
What is SunOpta's stock symbol?: SunOpta trades on the NASDAQ under the ticker symbol "STKL."
Who are SunOpta's major shareholders?: SunOpta's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.20%), Candriam S.C.A. (4.81%), Nomura Holdings Inc. (4.07%), FMR LLC (3.88%), American Century Companies Inc. (3.10%) and Barrow Hanley Mewhinney & Strauss LLC (3.02%). Insiders that own company stock include Ardsley Advisory Partners Lp, Barend Reijn, Chris Whitehair, David Largey, Engaged Capital Llc, Joseph Ennen, Matthew S Bromberg, Mike Buick, Rebecca Fisher, Robert Duchscher and Scott E Huckins.
View institutional ownership trends.
How do I buy shares of SunOpta?: Shares of STKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is SunOpta's stock price today?: One share of STKL stock can currently be purchased for approximately $6.78.
How much money does SunOpta make?: SunOpta (NASDAQ:STKL) has a market capitalization of $799.50 million and generates $934.66 million in revenue each year. The company earns $-4,840,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis.
How many employees does SunOpta have?: The company employs 1,453 workers across the globe.
How can I contact SunOpta?: SunOpta's mailing address is 2233 ARGENTIA ROAD SUITE 401, MISSISSAUGA A6, L5N 2X7. The official website for the company is www.sunopta.com. The company can be reached via phone at 952-820-2518, via email at investors@sunopta.com, or via fax at 905-819-7971.

This page (NASDAQ:STKL) was last updated on 6/10/2023 by MarketBeat.com Staff

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