Alert: Positive Investment/Fundamental Signals (11/17/23)-SunOpta Inc (NASDAQ: STKL)

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SunOpta Inc (NASDAQ: STKL) has recently enjoyed extremely meaningful positive changes in investment behavior: its shorter term price trend turned up, and positive upside/downside volume developed.

Meaningful positive changes in fundamentals have recently occurred for SunOpta Inc (NASDAQ: STKL): the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, STKL is expected to continue to be Value Creation neutral.

SunOpta has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SunOpta has a slightly negative Power Rating of 37 and a poor Appreciation Score of 18, producing the Lowest Value Trend Rating.

Recent Price Action

SunOpta Inc (NASDAQ: STKL) stock closed at $4.72 on 11/17/23 after a large increase of 2.4%. The stock has risen 9.3% during the last week but has been extremely weak relative to the market over the last nine months.

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