Sunopta Stock Today

SOY Stock  CAD 9.28  0.06  0.65%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 17

 
100  
 
Zero
Low
SunOpta is selling at 9.28 as of the 29th of March 2024; that is 0.65% increase since the beginning of the trading day. The stock's open price was 9.22. SunOpta has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for SunOpta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
Category
Consumer Defensive
Classification
Consumer Staples
SunOpta Inc. manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodservice distributors, branded food companies, and food manufacturers worldwide. SunOpta Inc. was founded in 1973 and is headquartered in Mississauga, Canada. The company has 116.03 M outstanding shares of which 1.38 M shares are at this time shorted by private and institutional investors with about 20.85 days to cover all short positions. More on SunOpta

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SunOpta Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SunOpta's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SunOpta or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorHendrik Jacobs
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
SunOpta's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SunOpta's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SunOpta's financial leverage. It provides some insight into what part of SunOpta's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on SunOpta's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how SunOpta deploys its capital and how much of that capital is borrowed.
Liquidity
SunOpta cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 24.35 M in total debt with debt to equity ratio (D/E) of 0.52, which is about average as compared to similar companies. SunOpta has a current ratio of 2.12, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist SunOpta until it has trouble settling it off, either with new capital or with free cash flow. So, SunOpta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SunOpta sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SunOpta to invest in growth at high rates of return. When we think about SunOpta's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(29.72 Million)
SunOpta (SOY) is traded on Toronto Exchange in Canada and employs 1,174 people. SunOpta is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SunOpta's market, we take the total number of its shares issued and multiply it by SunOpta's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SunOpta operates under Food Products sector and is part of Consumer Staples industry. The entity has 116.03 M outstanding shares of which 1.38 M shares are at this time shorted by private and institutional investors with about 20.85 days to cover all short positions. SunOpta has accumulated about 679 K in cash with 14.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check SunOpta Probability Of Bankruptcy
Ownership Allocation
SunOpta shows a total of 116.03 Million outstanding shares. The majority of SunOpta outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SunOpta to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in SunOpta. Please pay attention to any change in the institutional holdings of SunOpta as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SunOpta Ownership Details

SunOpta Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of SunOpta jumping above the current price in 90 days from now is about 8.08%. The SunOpta probability density function shows the probability of SunOpta stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SunOpta has a beta of 0.1592. This usually implies as returns on the market go up, SunOpta average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SunOpta will be expected to be much smaller as well. Additionally, sunOpta has an alpha of 0.4156, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.28HorizonTargetOdds Above 9.28
91.86%90 days
 9.28 
8.08%
Based on a normal probability distribution, the odds of SunOpta to move above the current price in 90 days from now is about 8.08 (This SunOpta probability density function shows the probability of SunOpta Stock to fall within a particular range of prices over 90 days) .

SunOpta Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SunOpta market risk premium is the additional return an investor will receive from holding SunOpta long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SunOpta. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SunOpta's alpha and beta are two of the key measurements used to evaluate SunOpta's performance over the market, the standard measures of volatility play an important role as well.

SunOpta Stock Against Markets

Picking the right benchmark for SunOpta stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SunOpta stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SunOpta is critical whether you are bullish or bearish towards SunOpta at a given time. Please also check how SunOpta's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SunOpta without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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SunOpta Corporate Directors

SunOpta corporate directors refer to members of a SunOpta board of directors. The board of directors generally takes responsibility for the SunOpta's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SunOpta's board members must vote for the resolution. The SunOpta board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Douglas GreeneIndependent DirectorProfile
Shan AtkinsIndependent DirectorProfile
Albert BollesIndependent DirectorProfile
Gregg TannerDirectorProfile

How to buy SunOpta Stock?

Before investing in SunOpta, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SunOpta. To buy SunOpta stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SunOpta. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SunOpta stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SunOpta stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SunOpta stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SunOpta, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SunOpta Stock please use our How to Invest in SunOpta guide.

Already Invested in SunOpta?

The danger of trading SunOpta is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SunOpta is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SunOpta. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SunOpta is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SunOpta is a strong investment it is important to analyze SunOpta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunOpta's future performance. For an informed investment choice regarding SunOpta Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in SunOpta Stock, please use our How to Invest in SunOpta guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running SunOpta's price analysis, check to measure SunOpta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SunOpta is operating at the current time. Most of SunOpta's value examination focuses on studying past and present price action to predict the probability of SunOpta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunOpta's price. Additionally, you may evaluate how the addition of SunOpta to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.