Insiders that own company stock include Barend Reijn, Chris Whitehair, David Largey, Engaged Capital Llc, Joseph Ennen, Lovas Katrina Houde, Matthew S Bromberg, Mike Buick, Rebecca Fisher, Robert Duchscher and Scott E Huckins. A look at companies whose shares are expected to see active trade in Thursday’s session. Then, Ennen Joseph bought 15,000 shares, generating $100,790 in total proceeds.
MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. Brent Wilsey of Wilsey Asset Management in San Diego, says that investors should “invest by the numbers,” looking at the specifics of the balance sheet, financial statement and at a company’s earnings picture to determine … Brent Wilsey, of Wilsey Asset Management in San Diego, says that investors should “invest by the numbers,” looking at the specifics of the balance sheet, financial statement and at a company’s earnings picture to determine… Heather Brilliant, Diamond Hill Capital Management president and CEO, joins CNBC’s ‘Squawk Box’ ahead of the open on Tuesday to break down potential investment opportunities. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
SunOpta downgraded to hold from buy at Wunderlich Securities
The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of STKL stock can currently be purchased for approximately $4.05. Sign-up to receive the latest news and ratings for SunOpta and its competitors with MarketBeat’s FREE daily newsletter.
The company operates through Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages segments. The Plant-Based Foods and Beverages segment provides plant-based beverages, and liquid and powder ingredients that utilizes almond, soy, coconut, rice, oat, hemp, and other bases, as well as broths, teas, and nutritional beverages. This segment also provides fruit snacks comprising bars, twists, ropes, and bite-sized products. The company was formerly known as Stake Technology Ltd. and changed its name to SunOpta Inc. in October 2003. SunOpta Inc. was incorporated in 1973 and is headquartered in Eden Prairie, Minnesota.
- Insiders that own company stock include Barend Reijn, Chris Whitehair, David Largey, Engaged Capital Llc, Joseph Ennen, Lovas Katrina Houde, Matthew S Bromberg, Mike Buick, Rebecca Fisher, Robert Duchscher and Scott E Huckins.
- The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
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- As an investor, you want to buy stocks with the highest probability of success.
SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company’s operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Geographically, it derives a majority of revenue from the United States.
However, 6 analysts have rated STKL stock as a Buy in their predictions for 2023. 3 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for SunOpta in the last year. The consensus among Wall Street research analysts is that investors should “buy” STKL Best investment opportunities shares. According to 3 analysts, the average rating for STKL stock is “Strong Buy.” The 12-month stock price forecast is $9.33, which is an increase of 138.01% from the latest price. High-growth stocks tend to represent the technology, healthcare, and communications sectors.
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Terms of Service apply. - Upon buying the shares at $6.72, the CEO now owns 1,887,401 shares.
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As a result of the transaction, Buick Mike now holds 146,519 shares, worth roughly $0.59 million. Björn Witte, CEO at food and agritech impact investment firm Blue Horizon, discusses the positive outlook for plant-based meat products in the coming generation. MINNEAPOLIS–(BUSINESS WIRE)–West Life™, the plant-based brand formerly known as Westsoy, is championing soy protein as a source of fuel and positive change with a new brand name and a new line of … SunOpta Inc.’s recent filing unveils that its Director HOUDE LOVAS KATRINA unloaded Company’s shares for reported $0.2 million on Aug 21. As a result of this transaction, HOUDE LOVAS KATRINA now holds 201,586 shares worth roughly $ 0.82 million. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
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Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 3 Wall Street research analysts have issued 1 year target prices for SunOpta’s stock. On average, they predict the company’s stock price to reach $9.33 in the next twelve months.
At present, Omega Advisors, Inc. is holding 4,000,000 shares valued at $26.52 million. Barrow, Hanley, Mewhinney & Strau owned 3,588,805 shares of the company at the time of its most recent 13F filing, worth $23.79 million. The 24-hour chart illustrates a support level at 3.98, which if violated will result in even more drops to 3.92. Percent R suggests that price movement has been bearish at 98.36%. SunOpta Inc. shares valued at $54,574 were divested by the SVP and GM at a price of $7.80 per share.
Stock , STKL
NEW YORK (MarketWatch) — SunOpta Inc. late Tuesday reported that first-quarter earnings rose on record revenue, led by a 39% increase in revenue within the company’s vertically integrated natural and organic food operatio… In filings from Oaktree Capital Management LP, it is revealed that the company now owns 20,726,126 shares, or roughly 17.96% of the outstanding STKL shares. Additionally, BlackRock Fund Advisors increased 4.34% of its stake after which the total value it holdings stand at $31,741,006, while Nomura Securities Co., Ltd. reduced -2.08% of its stake to hold $31.18 million in the firm. Over the last quarter, FIAM LLC purchased 112,228 shares of SunOpta Inc., while Ardsley Advisory Partners LP bought 1,357,000 shares.
Upon buying the shares at $6.72, the CEO now owns 1,887,401 shares. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. STKL’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please https://investmentsanalysis.info/ see Barchart’s disclaimer. SunOpta updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period.
Returns On Capital At SunOpta (NASDAQ:STKL) Have Stalled – Simply Wall St
Returns On Capital At SunOpta (NASDAQ:STKL) Have Stalled.
Posted: Tue, 08 Aug 2023 07:00:00 GMT [source]
The company issued revenue guidance of $880.00 million-$900.00 million, compared to the consensus revenue estimate of $1.02 billion. Stephens initiated its SunOpta Inc. [STKL] rating to an Overweight in a research note published on Tuesday, June 23, 2023; the price target was $10. PT values the company’s stock at a premium of 59.5 to its Tuesday closing price. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The technique has proven to be very useful for finding positive surprises.
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.