SunOpta - SOY Stock Forecast, Price & News

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.

SunOpta Stock Up 1.7 %

TSE:SOY traded up C$0.19 on Friday, reaching C$11.64. The stock had a trading volume of 54,572 shares, compared to its average volume of 111,195. The business has a 50 day moving average price of C$10.54 and a 200 day moving average price of C$8.22. The company has a current ratio of 2.09, a quick ratio of 0.65 and a debt-to-equity ratio of 87.73. SunOpta has a 1 year low of C$5.44 and a 1 year high of C$13.83. The company has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -197.29.

SunOpta (TSE:SOY - Get Rating) (NASDAQ:STKL) last issued its earnings results on Wednesday, May 11th. The company reported C$0.01 EPS for the quarter, beating analysts' consensus estimates of C($0.03) by C$0.04. The firm had revenue of C$304.23 million during the quarter, compared to analysts' expectations of C$286.93 million. On average, analysts forecast that SunOpta will post 0.1301132 EPS for the current fiscal year.

Insider Transactions at SunOpta

In related news, Senior Officer David Largey sold 6,788 shares of the stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of C$9.13, for a total transaction of C$61,995.18. Following the completion of the sale, the insider now owns 71,355 shares in the company, valued at approximately C$651,689.21.