Media stories about SunOpta (NASDAQ:STKL) (TSE:SOY) have been trending very positive on Monday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SunOpta earned a daily sentiment score of 0.56 on Accern’s scale. Accern also assigned media stories about the company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
Shares of SunOpta (NASDAQ STKL) opened at 9.95 on Monday. SunOpta has a 12 month low of $4.76 and a 12 month high of $10.20. The company’s 50-day moving average price is $9.41 and its 200-day moving average price is $7.70. The firm’s market cap is $855.81 million.
SunOpta (NASDAQ:STKL) (TSE:SOY) last issued its quarterly earnings data on Wednesday, May 10th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The firm had revenue of $330 million during the quarter, compared to the consensus estimate of $344.20 million. SunOpta had a negative net margin of 3.95% and a positive return on equity of 0.58%. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 earnings per share. On average, analysts predict that SunOpta will post $0.08 EPS for the current year.
Several research firms have recently commented on STKL. Zacks Investment Research raised SunOpta from a “strong sell” rating to a “hold” rating and set a $10.00 target price on the stock in a research report on Friday, May 12th. Citigroup Inc. upped their target price on SunOpta from $8.00 to $11.50 and gave the company a “buy” rating in a research report on Wednesday, May 31st. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $8.50 target price on shares of SunOpta in a research report on Wednesday, April 26th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $9.10.
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In related news, insider Jeffrey Gough purchased 15,000 shares of SunOpta stock in a transaction that occurred on Tuesday, May 16th. The shares were bought at an average price of $8.49 per share, for a total transaction of $127,350.00. Following the completion of the transaction, the insider now directly owns 6,600 shares of the company’s stock, valued at $56,034. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director M Shan Atkins purchased 12,500 shares of SunOpta stock in a transaction that occurred on Friday, May 12th. The shares were bought at an average price of $8.02 per share, for a total transaction of $100,250.00. Following the transaction, the director now directly owns 25,881 shares of the company’s stock, valued at $207,565.62. The disclosure for this purchase can be found here. Insiders have purchased 257,246 shares of company stock worth $2,071,020 in the last quarter. 1.88% of the stock is owned by corporate insiders.
SunOpta Inc operates businesses focused on a healthy products portfolio. The Company operates through two segments: Global Ingredients and Consumer Products. The Global Ingredients segment aggregates its North American and international raw material sourcing and supply operating segments focused on the procurement, processing and sale of specialty and organic grains, seeds, fruits, grain- and cocoa-based ingredients, and other commodities, which are used in applications serving the natural and organic food industry.
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