Should I buy or sell SunOpta stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunOpta in the last year. There are currently 4 buy ratings 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 target for 2024?

4 analysts have issued 1-year price targets for SunOpta's shares. Their STKL share price targets range from $8.00 to $10.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 75.8% 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 on January 1st, 2023. Since then, STKL shares have decreased by 39.3% and is now trading at $5.12. 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, March 6th 2024. 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 business earned $221.29 million during the quarter, compared to analysts' expectations of $220.60 million. SunOpta had a negative net margin of 20.14% and a positive trailing twelve-month return on equity of 2.18%. The company's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) earnings per share.

What guidance has SunOpta issued on next quarter's earnings?

SunOpta updated its third quarter 2023 earnings guidance on Friday, October, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $152.00 million-$152.00 million, compared to the consensus revenue estimate of $220.17 million.

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) .

Who are SunOpta's major shareholders?

SunOpta's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (3.83%), Nomura Holdings Inc. (3.57%), Diamond Hill Capital Management Inc. (3.30%), abrdn plc (2.16%), Skandinaviska Enskilda Banken AB publ (1.20%) and Hodges Capital Management Inc. (0.99%). Insiders that own company stock include Barend Reijn , Chris Whitehair , David Largey, Engaged Capital Llc, Joseph Ennen , Lovas Katrina Houde, 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 .

SunOpta Stock Price, News & Analysis (NASDAQ:STKL)

$5.12

-0.04 (-0.78%)

(As of 12/5/2023 ET)

Compare

Today's Range: $5.11
▼
$5.27
50-Day Range: $2.86
▼
$5.16
52-Week Range: $2.79
▼
$9.73

Volume: 626,435 shs
Average Volume: 1.08 million shs
Market Capitalization: $605.08 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.00

SunOpta MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 75.8% Upside
$9.00 Price Target
Short Interest: Healthy
5.88% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.09) to $0.14 Per Share

Overall MarketRank^™

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

1.99 out of 5 stars

Consumer Staples Sector

84th out of 127 stocks

Farm - Product Raw Materials Industry

2nd 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 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.00, SunOpta has a forecasted upside of 75.8% from its current price of $5.12.
Amount of Analyst Coverage
SunOpta has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.88% 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 5.5.
Change versus previous month
Short interest in SunOpta has recently decreased by 6.46%, 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.

1.5

News and Social Media Coverage

News Sentiment
SunOpta has a news sentiment score of -0.36. 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 lower news sentiment than the 0.41 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 1 news article for SunOpta this week, compared to 2 articles on an average week.
Search Interest
Only 16 people have searched for STKL on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
2 people have added SunOpta to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SunOpta insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.68% of the stock of SunOpta is held by insiders.
Percentage Held by Institutions
97.48% of the stock of SunOpta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for SunOpta are expected to grow in the coming year, from ($0.09) to $0.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SunOpta is -3.61, 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 -3.61, 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 1.75. 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 Stock (NASDAQ:STKL)

SunOpta Inc. engages in manufacture and sale of plant-based and fruit-based food and beverage products to retailers, foodservice operators, branded food companies, and food manufacturers in the United States, Canada, and internationally. The company operates through Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages segments. The Plant-Based Foods and Beverages segment provides plant-based beverages, and liquid and powder ingredients that utilizes almond, soy, coconut, rice, oat, hemp, and other bases, as well as broths, teas, and nutritional beverages. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruits, such as strawberries, mangoes, blueberries, 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 incorporated in 1973 and is headquartered in Eden Prairie, Minnesota.

STKL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STKL Stock News Headlines

December 1, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) versus Davis Commodities (NASDAQ:DTCK) Critical Review

November 28, 2023 | americanbankingnews.com

Reviewing SunOpta (NASDAQ:STKL) & Davis Commodities (NASDAQ:DTCK)

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

November 26, 2023 | americanbankingnews.com

Analysts Set SunOpta Inc. (NASDAQ:STKL) Target Price at $9.00

November 26, 2023 | americanbankingnews.com

SunOpta (NASDAQ:STKL) Shares Gap Down to $4.93

November 14, 2023 | finance.yahoo.com

SunOpta, Leading Plant-Based Food and Beverage Company, Celebrates 50 Years of Sustainability

November 11, 2023 | finance.yahoo.com

What You Need To Know About The SunOpta Inc. (NASDAQ:STKL) Analyst Downgrade Today

November 10, 2023 | finance.yahoo.com

SunOpta Inc. (NASDAQ:STKL) Q3 2023 Earnings Call Transcript

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

November 10, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on SunOpta (STKL)

November 10, 2023 | markets.businessinsider.com

Analysts Conflicted on These Consumer Goods Names: Beyond Meat (BYND), UTZ Brands (UTZ) and SunOpta (STKL)

November 8, 2023 | finance.yahoo.com

SunOpta Inc. (STKL) Reports Mixed Q3 Results Amid Strategic Shifts

November 7, 2023 | msn.com

SunOpta Q3 2023 Earnings Preview

November 1, 2023 | finance.yahoo.com

SunOpta (STKL) Stock Declines While Market Improves: Some Information for Investors

October 26, 2023 | finance.yahoo.com

SunOpta (NASDAQ:STKL) shareholders have endured a 63% loss from investing in the stock a year ago

October 25, 2023 | finance.yahoo.com

SunOpta (STKL) Rises As Market Takes a Dip: Key Facts

October 18, 2023 | finance.yahoo.com

SunOpta (STKL) Ascends While Market Falls: Some Facts to Note

October 18, 2023 | finance.yahoo.com

SunOpta Inc. Schedules Third Quarter 2023 Financial Results Release and Conference Call

October 17, 2023 | markets.businessinsider.com

Strong Financial Performance and Leadership Change Amplify Buy Rating for SunOpta

October 16, 2023 | bizjournals.com

Nature's Touch acquires frozen food business in Edwardsville as part of $141M deal

October 14, 2023 | seekingalpha.com

SunOpta: Strengthening Its Finances Through Divestment, But Growth Poses Questions

October 13, 2023 | markets.businessinsider.com

Craig-Hallum Sticks to Its Buy Rating for SunOpta (STKL)

October 13, 2023 | msn.com

SunOpta exits frozen fruit business through asset sale, releases preliminary Q3 results

October 6, 2023 | finance.yahoo.com

SunOpta (STKL) Dips More Than Broader Market: What You Should Know

October 5, 2023 | finance.yahoo.com

With 85% ownership of the shares, SunOpta Inc. (NASDAQ:STKL) is heavily dominated by institutional owners

October 4, 2023 | msn.com

SunOpta: Trying To Transform The Business In The Midst Of Liquidity Concerns

September 27, 2023 | finance.yahoo.com

SunOpta (STKL) Flat As Market Gains: What You Should Know

See More Headlines

Receive STKL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SunOpta and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 3/01/2023
Today: 12/05/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

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 Target: $9.00
High Stock Price Target: $10.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +75.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.42)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-4,840,000.00
Net Margins: -20.14%
Pretax Margin: -4.74%
Return on Equity: 2.18%
Return on Assets: 0.73%

Debt

Debt-to-Equity Ratio: 1.59
Current Ratio: 1.47
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $934.66 million
Price / Sales: 0.65
Cash Flow: $0.44 per share
Price / Cash Flow: 11.60
Book Value: $2.92 per share
Price / Book: 1.75

Miscellaneous

Outstanding Shares: 118,180,000
Free Float: 112,646,000
Market Cap: $605.08 million
Optionable: Optionable
Beta: 1.67

Social Links

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

Mr. Joseph D. Ennen (Age 56)
CEO & Director
Comp: $894.15k
Ms. Jill Barnett (Age 49)
General Counsel, Chief Administrative Officer & Corporate Secretary
Comp: $457.42k
Mr. Christopher Whitehair (Age 57)
Senior Vice President of Supply Chain
Comp: $457.19k
Mr. Greg Gaba CA
CPA, Chief Financial Officer
Mr. Rob Duchscher (Age 62)
Chief Information Officer
Mr. Chad Hagen
Chief Customer Officer
Mr. Bryan Clark
Senior Vice President of R&D, Food Safety and Quality

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STKL Stock Analysis - Frequently Asked Questions

Should I buy or sell SunOpta stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunOpta in the last year. There are currently 4 buy ratings 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 target for 2024?: 4 analysts have issued 1-year price targets for SunOpta's shares. Their STKL share price targets range from $8.00 to $10.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 75.8% 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 on January 1st, 2023. Since then, STKL shares have decreased by 39.3% and is now trading at $5.12.
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, March 6th 2024.
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 business earned $221.29 million during the quarter, compared to analysts' expectations of $220.60 million. SunOpta had a negative net margin of 20.14% and a positive trailing twelve-month return on equity of 2.18%. The company's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) earnings per share.

What guidance has SunOpta issued on next quarter's earnings?: SunOpta updated its third quarter 2023 earnings guidance on Friday, October, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $152.00 million-$152.00 million, compared to the consensus revenue estimate of $220.17 million.
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).
Who are SunOpta's major shareholders?: SunOpta's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (3.83%), Nomura Holdings Inc. (3.57%), Diamond Hill Capital Management Inc. (3.30%), abrdn plc (2.16%), Skandinaviska Enskilda Banken AB publ (1.20%) and Hodges Capital Management Inc. (0.99%). Insiders that own company stock include Barend Reijn, Chris Whitehair, David Largey, Engaged Capital Llc, Joseph Ennen, Lovas Katrina Houde, 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.

This page (NASDAQ:STKL) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial