SunOpta (STKL) Stock Price, News & Analysis

Company Overview

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. It also offers plant-based ingredients, such as oatbase, oatgold, soybase, hempbase, and soypowders and okara; ready-to-eat fruit snacks made from apple purée and juice concentrate in bar, bit, twist, strip and sandwich formats; cold pressed fruit bars; liquid and powder ingredients utilizing oat, soy and hemp bases; ready-to-eat fruit smoothie and chia bowls topped with frozen fruit; consumer products, which includes protein shakes, teas, broths, and fruit snacks; and liquid and dry ingredients for internal use and for sale to other food and beverage manufacturers. It sells its products through various distribution channels including private label products to retail customers; branded products under co-manufacturing agreements to other branded food companies for their distribution; and its own branded products to retail and foodservice customers. 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.

Key Stats

• Today's Range: $7.34 to $7.85
• 50-Day Range: $5.72 to $7.89
• 52-Week Range: $4.88 to $8.11
• Volume: 1.25 million shs
• Average Volume: 789,603 shs
• Market Capitalization: $923.51 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.50
• Consensus Rating: Buy

SunOpta Stock Analysis - MarketRank™

SunOpta scored higher than 62% of companies evaluated by MarketBeat, and ranked 87th out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

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.

Amount of Analyst Coverage

SunOpta has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 76.92%

Earnings Growth

Earnings for SunOpta are expected to grow by 76.92% in the coming year, from $0.13 to $0.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SunOpta is -42.94, 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 -42.94, 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 5.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.20% 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 10.68%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SunOpta does not currently pay a dividend.

Dividend Growth

SunOpta does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.20% 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 10.68%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.87

News Sentiment

SunOpta has a news sentiment score of 0.87. 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 0.70 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for SunOpta this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for STKL on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SunOpta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $466,116.00 in company stock.

Percentage Held by Insiders

Only 6.48% of the stock of SunOpta is held by insiders.

Percentage Held by Institutions

85.39% of the stock of SunOpta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STKL Stock Analysis - Frequently Asked Questions

How have STKL shares performed this year?

SunOpta's stock was trading at $5.47 at the beginning of the year. Since then, STKL shares have increased by 41.3% and is now trading at $7.73.
View the best growth stocks for 2024 here.

How were SunOpta's earnings last quarter?

SunOpta Inc. (NASDAQ:STKL) released its quarterly earnings data on Tuesday, November, 5th. The company reported $0.02 EPS for the quarter, hitting analysts' consensus estimates of $0.02. The business earned $176.22 million during the quarter, compared to analysts' expectations of $172.30 million. SunOpta had a positive trailing twelve-month return on equity of 7.92% and a negative net margin of 2.74%.

Who are SunOpta's major shareholders?

Top institutional shareholders of SunOpta include Rockefeller Capital Management L.P. (4.61%), Hodges Capital Management Inc. (3.02%), FMR LLC (2.12%) and Geode Capital Management LLC (1.78%). Insiders that own company stock include Joseph Ennen, Engaged Capital Llc, Lovas Katrina Houde, Chris Whitehair, Mike Buick, Rebecca Fisher, Robert Duchscher, David Largey, Brian W Kocher and Barend Reijn.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SunOpta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SunOpta investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Intel (INTC), Walt Disney (DIS) and Visa (V).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Farm - product raw materials
• Sub-Industry: N/A
• Current Symbol: NASDAQ:STKL
• CUSIP: N/A
• CIK: 351834
• Web: www.sunopta.com
• Phone: 952-820-2518
• Fax: 905-819-7971
• Employees: 1,174
• Year Founded: 1973

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $10.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +22.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 59.46
• P/E Growth: N/A
• Net Income: $-175,020,000.00
• Net Margins: -2.74%
• Pretax Margin: -1.07%
• Return on Equity: 7.92%
• Return on Assets: 1.89%

Debt

• Debt-to-Equity Ratio: 1.61
• Current Ratio: 1.20
• Quick Ratio: 0.53

Sales & Book Value

• Annual Sales: $711.68 million
• Price / Sales: 1.30
• Cash Flow: $0.35 per share
• Price / Cash Flow: 22.39
• Book Value: $1.36 per share
• Price / Book: 5.68

Miscellaneous

• Outstanding Shares: 119,471,000
• Free Float: 111,729,000
• Market Cap: $923.51 million
• Optionable: Optionable
• Beta: 1.78