FY2025 Earnings Forecast for SunOpta Issued By William Blair

SunOpta Inc. (NASDAQ:STKL - Free Report) TSE: SOY - William Blair lowered their FY2025 earnings estimates for shares of SunOpta in a research note issued on Thursday, February 27th. William Blair analyst J. Andersen now anticipates that the company will post earnings of $0.14 per share for the year, down from their prior forecast of $0.22. The consensus estimate for SunOpta's current full-year earnings is $0.13 per share.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last posted its earnings results on Wednesday, February 26th. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. SunOpta had a positive return on equity of 7.92% and a negative net margin of 2.74%. The business had revenue of $193.91 million during the quarter, compared to analysts' expectations of $189.90 million.

STKL has been the subject of a number of other research reports. StockNews.com cut shares of SunOpta from a "hold" rating to a "sell" rating in a research note on Monday. Stephens reiterated an "overweight" rating and issued a $10.00 target price on shares of SunOpta in a research report on Thursday, January 2nd.

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SunOpta Price Performance

Shares of NASDAQ STKL traded up $0.18 during midday trading on Monday, hitting $5.86. 842,252 shares of the company's stock were exchanged, compared to its average volume of 605,445. The company has a current ratio of 1.20, a quick ratio of 0.53 and a debt-to-equity ratio of 1.61. The business's fifty day moving average price is $7.24 and its two-hundred day moving average price is $6.96. The company has a market cap of $701.67 million, a price-to-earnings ratio of -32.55 and a beta of 1.79. SunOpta has a 12-month low of $4.88 and a 12-month high of $8.11.

Institutional Trading of SunOpta

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of SunOpta by 250.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 759,869 shares of the company's stock worth $4,848,000 after acquiring an additional 542,832 shares during the last quarter. Harbor Capital Advisors Inc. lifted 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 worth $6,788,000 after purchasing an additional 596,403 shares during the last quarter. PDT Partners LLC bought a new stake in SunOpta in the third quarter worth $726,000. State Street Corp boosted its position in SunOpta by 18.9% during the third quarter. State Street Corp now owns 1,827,273 shares of the company's stock valued at $11,658,000 after buying an additional 290,372 shares during the period. Finally, Barclays PLC grew its stake in shares of SunOpta by 103.3% during the third quarter. Barclays PLC now owns 178,954 shares of the company's stock valued at $1,142,000 after buying an additional 90,937 shares during the last quarter. Hedge funds and other institutional investors own 85.39% of the company's stock.

SunOpta Company Profile

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.