News coverage about SunOpta (NASDAQ:STKL) (TSE:SOY) has trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SunOpta earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.1659768774004 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- SunOpta, Inc. (NASDAQ:STKL) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- William Blair Weighs in on SunOpta, Inc.’s Q3 2017 Earnings (NASDAQ:STKL) (americanbankingnews.com)
- SunOpta, Inc. (NASDAQ:STKL) Forecasted to Earn FY2018 Earnings of $0.16 Per Share (americanbankingnews.com)
- SunOpta, Inc. (NASDAQ:STKL) Posts Earnings Results, Misses Expectations By $0.04 EPS (americanbankingnews.com)
- Hershey Company (The) (HSY) vs. SunOpta (NASDAQ:STKL) Financial Analysis (americanbankingnews.com)
A number of equities analysts have recently issued reports on the stock. BidaskClub downgraded shares of SunOpta from a “hold” rating to a “sell” rating in a report on Wednesday. Zacks Investment Research downgraded shares of SunOpta from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 13th. BMO Capital Markets reiterated a “buy” rating and issued a $8.50 price target on shares of SunOpta in a report on Wednesday, April 26th. Finally, Citigroup Inc. increased their price target on shares of SunOpta from $8.00 to $11.50 and gave the company a “buy” rating in a report on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $9.30.
SunOpta (STKL) traded up 6.40% during trading on Friday, reaching $9.15. 411,079 shares of the company’s stock traded hands. The company has a 50-day moving average of $9.65 and a 200 day moving average of $8.18. The stock’s market capitalization is $786.66 million. SunOpta has a 12 month low of $5.73 and a 12 month high of $10.20.
SunOpta (NASDAQ:STKL) (TSE:SOY) last posted its quarterly earnings data on Wednesday, August 9th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.02. The company had revenue of $336.45 million during the quarter, compared to analyst estimates of $341.18 million. SunOpta had a negative return on equity of 0.69% and a negative net margin of 3.70%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.05 EPS. On average, equities research analysts expect that SunOpta will post $0.04 earnings per share for the current fiscal year.
In other SunOpta news, insider Jeffrey Gough purchased 15,000 shares of the business’s stock in a transaction on Tuesday, May 16th. The stock was bought at an average cost of $8.49 per share, with a total value of $127,350.00. Following the acquisition, the insider now owns 6,600 shares of the company’s stock, valued at $56,034. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert Duchscher purchased 5,800 shares of the business’s stock in a transaction on Friday, May 19th. The stock was acquired at an average cost of $8.94 per share, with a total value of $51,852.00. Following the completion of the acquisition, the insider now directly owns 5,800 shares in the company, valued at approximately $51,852. The disclosure for this purchase can be found here. 1.88% of the stock is currently owned by corporate insiders.
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Sunopta Inc is a Canada-based company, which operates businesses focused on a healthy products portfolio. It operates through the following 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.
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