SunOpta (STKL) to Release Quarterly Earnings on Wednesday

SunOpta (NASDAQ:STKL) (TSE:SOY) will likely be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect SunOpta to post earnings of $0.06 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

SunOpta Price Performance

Shares of NASDAQ STKL opened at $7.24 on Tuesday. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.20 and a quick ratio of 0.53. The firm has a market capitalization of $866.91 million, a PE ratio of -40.22 and a beta of 1.79. SunOpta has a 1-year low of $4.88 and a 1-year high of $8.11. The business’s fifty day moving average price is $7.48 and its two-hundred day moving average price is $6.95.

Wall Street Analysts Forecast Growth

STKL has been the topic of a number of analyst reports. Stephens reaffirmed an “overweight” rating and issued a $10.00 price objective on shares of SunOpta in a report on Thursday, January 2nd. StockNews.com raised shares of SunOpta from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $9.50.

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.