Suja Life, Inc. (NASDAQ:SUJA) Stock Has Average Target Price of $25.00 According to Brokerages

Shares of Suja Life, Inc. (NASDAQ:SUJA) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $25.00.

A number of equities analysts have recently commented on SUJA shares. Wall Street Zen cut Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Weiss Ratings initiated coverage on Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating on the stock. William Blair cut Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group reissued a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Finally, Roth Capital started coverage on shares of Suja Life in a report on Friday, October 2nd. They issued a “buy” rating and a $20.00 target price for the company.

Suja Life Price Performance

Shares of NASDAQ:SUJA opened at $10.86 on Wednesday. The company has a 50 day moving average price of $8.76. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. Suja Life has a 1 year low of $5.59 and a 1 year high of $18.48.

Suja Life (NASDAQ:SUJA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.34). The business had revenue of $83.86 million for the quarter. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. Equities analysts anticipate that Suja Life will post 0.06 EPS for the current year.

Insider Transactions at Suja Life

In related news, major shareholder Schwartz Food Chain Fund Paine acquired 233,624 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average price of $9.59 per share, with a total value of $2,240,454.16. Following the purchase, the insider directly owned 10,677,629 shares in the company, valued at approximately $102,398,462.11. This trade represents a 2.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have purchased 2,175,260 shares of company stock worth $18,052,220.

Institutional Trading of Suja Life

A number of hedge funds and other institutional investors have recently modified their holdings of SUJA. Citadel Advisors LLC bought a new position in Suja Life in the second quarter valued at about $8,294,000. State Street Corp acquired a new stake in shares of Suja Life during the second quarter valued at about $607,000. Finally, Readystate Asset Management LP acquired a new stake in shares of Suja Life during the second quarter valued at about $305,000.

Suja Life Company Profile

Suja Life, Inc is a wellness beverage company focused on producing and marketing organic and functional drinks. Its portfolio includes cold-pressed juices, probiotic beverages, kombucha, wellness shots and other products designed to support everyday health and nutrition.

The company’s principal brands include Suja Organic, which offers refrigerated juices, smoothies and functional beverages, and Vive Organic, which specializes in concentrated wellness shots and other functional drinks.