Alert: Negative Investment/Fundamental Signals (6/18/24)-SunOpta Inc (NASDAQ: STKL)

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Meaningful negative changes in fundamentals have recently occurred for SunOpta Inc (NASDAQ: STKL): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

SunOpta Inc (NASDAQ: STKL) has recently experienced meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, STKL is expected to be a major Value Builder.

SunOpta has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. SunOpta has a very low Appreciation Score of 12 but a very high Power Rating of 89, and the Neutral Value Trend Rating results.

Recent Price Action

SunOpta Inc (NASDAQ: STKL) stock closed at $5.31 on 6/18/24 after a decline of -4.2%. However, exceptionally low trading volume at 40% of normal accompanied the decline. The stock has declined -5.3% during the last week but has been exceptionally strong relative to the market over the last nine months.

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