SunOpta (SOY) to Release Quarterly Earnings on Wednesday

SunOpta (TSE:SOY) (NASDAQ:STKL) will be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of C$0.03 per share for the quarter.

SunOpta (TSE:SOY) (NASDAQ:STKL) last released its quarterly earnings results on Wednesday, February 28th. The company reported C$0.07 EPS for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.06. SunOpta had a negative net margin of 27.77% and a negative return on equity of 8.38%. The business had revenue of C$247.29 million for the quarter, compared to analyst estimates of C$227.30 million.

SunOpta Price Performance

TSE:SOY opened at C$7.67 on Monday. The firm has a market cap of C$890.33 million, a price-to-earnings ratio of -26.45, a P/E/G ratio of 3.16 and a beta of 1.73. The company has a debt-to-equity ratio of 226.02, a quick ratio of 0.49 and a current ratio of 1.19. SunOpta has a 52 week low of C$3.82 and a 52 week high of C$10.99. The firm’s 50-day simple moving average is C$8.86 and its 200 day simple moving average is C$7.64.

Insiders Place Their Bets

In other SunOpta news, Director Joseph Ennen sold 12,838 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of C$6.90, for a total transaction of C$88,518.01. Corporate insiders own 3.81% of the company’s stock.

About SunOpta

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.