SunOpta (STKL) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS
SunOpta (NASDAQ:STKL) announced its earnings results on Wednesday. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.12 by $0.01, American Banking News reports.
Shares of SunOpta (NASDAQ:STKL) opened at 13.50 on Wednesday. SunOpta has a 52-week low of $8.04 and a 52-week high of $14.20. The stock’s 50-day moving average is $13.52 and its 200-day moving average is $11.8. The company’s market cap is $900.3 million.
STKL has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of SunOpta in a research note on Tuesday, June 17th. They now have a $15.00 price target on the stock, up previously from $12.00. Analysts at Northland Securities raised their price target on shares of SunOpta from $11.50 to $15.00 in a research note on Thursday, May 15th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. SunOpta has a consensus rating of “Buy” and an average price target of $13.13.
SunOpta Inc (NASDAQ:STKL) is a global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being.
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