FY2025 Earnings Forecast for SunOpta Issued By William Blair

SunOpta Inc. (NASDAQ:STKL - Free Report) TSE: SOY - Equities research analysts at William Blair upped their FY2025 earnings estimates for shares of SunOpta in a research note issued on Tuesday, November 5th. William Blair analyst J. Andersen now expects that the company will earn $0.22 per share for the year, up from their prior estimate of $0.21. The consensus estimate for SunOpta's current full-year earnings is $0.14 per share.

STKL has been the subject of several other reports. Stephens raised their price objective on shares of SunOpta from $9.00 to $10.00 and gave the stock an "overweight" rating in a report on Wednesday. DA Davidson reiterated a "buy" rating and issued a $9.00 target price on shares of SunOpta in a research note on Thursday, October 10th. Finally, StockNews.com lowered SunOpta from a "hold" rating to a "sell" rating in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $9.50.

SunOpta Trading Up 2.6 %

Shares of NASDAQ:STKL traded up $0.19 during trading on Thursday, reaching $7.45. 892,922 shares of the stock were exchanged, compared to its average volume of 811,939. The firm has a market cap of $889.90 million, a price-to-earnings ratio of -5.36 and a beta of 1.83. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.61 and a current ratio of 1.27. SunOpta has a 12-month low of $3.81 and a 12-month high of $7.59. The firm's 50-day moving average price is $6.30 and its 200 day moving average price is $5.89.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. SunOpta had a positive return on equity of 6.51% and a negative net margin of 23.23%. The company had revenue of $176.22 million during the quarter, compared to the consensus estimate of $172.30 million.

Institutional Trading of SunOpta

A number of institutional investors have recently bought and sold shares of STKL. Royce & Associates LP boosted its position in shares of SunOpta by 9.3% during the third quarter. Royce & Associates LP now owns 1,538,496 shares of the company's stock worth $9,816,000 after purchasing an additional 130,470 shares in the last quarter. GSA Capital Partners LLP raised its stake in SunOpta by 16.9% during the 3rd quarter. GSA Capital Partners LLP now owns 212,462 shares of the company's stock worth $1,356,000 after buying an additional 30,646 shares during the period. Hollencrest Capital Management lifted its holdings in SunOpta by 1,600.0% during the third quarter. Hollencrest Capital Management now owns 17,000 shares of the company's stock worth $108,000 after acquiring an additional 16,000 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in SunOpta by 127.6% in the third quarter. Harbor Capital Advisors Inc. now owns 1,063,918 shares of the company's stock valued at $6,788,000 after acquiring an additional 596,403 shares during the period. Finally, US Bancorp DE increased its holdings in shares of SunOpta by 139.3% in the third quarter. US Bancorp DE now owns 8,197 shares of the company's stock worth $52,000 after acquiring an additional 4,772 shares in the last quarter. Institutional investors and hedge funds own 85.39% of the company's stock.

About SunOpta

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.