SunOpta (TSE:SOY) Lowered to “Hold” Rating by William Blair

SunOpta (TSE:SOY) (NASDAQ:STKL) was downgraded by William Blair from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

SunOpta Stock Up 31.4%

SOY opened at C$8.74 on Friday. SunOpta has a fifty-two week low of C$4.69 and a fifty-two week high of C$10.87. The firm has a market capitalization of C$1.03 billion, a P/E ratio of 874.00, a PEG ratio of 3.16 and a beta of 2.64. The company’s 50-day moving average is C$5.73 and its 200 day moving average is C$7.08. The company has a debt-to-equity ratio of 252.92, a current ratio of 1.20 and a quick ratio of 0.49.

SunOpta (TSE:SOY) (NASDAQ:STKL) last released its earnings results on Thursday, November 6th. The company reported C$0.05 earnings per share (EPS) for the quarter. The company had revenue of C$286.38 million during the quarter. SunOpta had a negative return on equity of 11.64% and a negative net margin of 2.74%. Research analysts expect that SunOpta will post 0.0729076 earnings per share for the current fiscal year.

SunOpta Company Profile

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. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use.