SunOpta (NASDAQ:STKL) Announces Quarterly Earnings Results, Meets Estimates

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY announced its quarterly earnings results on Wednesday. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06, Zacks reports. SunOpta had a negative net margin of 2.74% and a positive return on equity of 7.92%. The firm had revenue of $193.91 million for the quarter, compared to analyst estimates of $189.90 million. SunOpta updated its FY 2025 guidance to EPS.

SunOpta Stock Performance

Shares of SunOpta stock traded down $0.05 on Friday, reaching $6.27. 1,286,979 shares of the stock were exchanged, compared to its average volume of 562,343. SunOpta has a 1-year low of $4.88 and a 1-year high of $8.11. 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 has a fifty day moving average price of $7.40 and a two-hundred day moving average price of $6.98. The firm has a market capitalization of $750.76 million, a PE ratio of -34.83 and a beta of 1.79.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. StockNews.com upgraded shares of SunOpta from a "sell" rating to a "hold" rating in a research note on Saturday, November 9th. Stephens restated an "overweight" rating and issued a $10.00 price objective on shares of SunOpta in a research note on Thursday, January 2nd.

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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.