SunOpta (STKL) Expected to Announce Quarterly Earnings on Wednesday

SunOpta (NASDAQ:STKL) (TSE:SOY) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

SunOpta Stock Up 3.7 %

STKL stock opened at $7.24 on Tuesday. The stock has a market capitalization of $866.91 million, a price-to-earnings ratio of -40.22 and a beta of 1.79. The company has a 50-day moving average of $7.48 and a two-hundred day moving average of $6.95. SunOpta has a 52-week low of $4.88 and a 52-week high of $8.11. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.20 and a quick ratio of 0.53.

Wall Street Analysts Forecast Growth

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

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.