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SunOpta, Inc.SunOpta, Inc.SunOpta, Inc.

SunOpta, Inc.

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STKL trade ideas

cup and handle with bullish flag?!Entry: $5.55 SL: $5.15 (loss 6 %) (visual only, close if daily closing price below) TP1: $6.60 (profit 20 %, ratio 3.2) TP2: $9 (profit 63 %, ratio 9.5) Hello Traders, In my opinion, this stock forms a good opportunity for a purchase. The risk-reward ratio looks very good. After Sunopta formed a cup and handle, a bullish flag is now formed and the breakout from the upper trend line could now occur. If this is the case, then a buy signal is created. Deutsch Hallo Trader, Meiner Meinung nach bildet diese Aktie eine gute Möglichkeit für einen Kauf. Das Chancen-Risiko-Verhältnis sieht sehr gut aus. Nachdem Sunopta eine Untertassenformation geformt hat, wird nun eine bullische Flagge gebildet und der Ausbruch aus der oberen Trendlinie könnte nun erfolgen. Falls dies der Fall ist, dann entsteht ein Kaufsignal.
NASDAQ:STKLLong
by Wiesel90
Added to $STKL New Target 17.49 for 22.14% $STKL Target 17.49 for 22.14% Or next add level is at 11.15 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:STKLLong
by SPYder_QQQueen_Trading
2
ADDED to $STKL New Target 17.67 for 21.86% $STKL Target 17.67 for 21.86% Or next add level is at 11.13 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:STKLLong
by SPYder_QQQueen_Trading
SunOpta Inc 🧙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. Geographically, it derives a majority of revenue from the United States. If you want not to miss ideas like this one,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NASDAQ:STKLLong
by yura_trades
ADDED to $STKL New Target 18.20 for 21.09% $STKL Target 18.20 for 21.09% Or next add level is at 11.86 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:STKLLong
by SPYder_QQQueen_Trading
$STKL Target 18.78 for 20.31% Or next add level is at 12.48$STKL Target 18.78 for 20.31% Or next add level is at 12.48 On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:STKLLong
by SPYder_QQQueen_Trading
1
$STKL SUNOPTA inc $4 target Earnings transcript Joseph D. Ennen -- Chief Executive Officer We had an outstanding first quarter, delivering revenue of $335.9 million, which represents 13% adjusted revenue growth year-over-year. We generated nearly 400 basis points of gross margin improvement versus a year ago and more than doubled adjusted EBITDA. Adjusted EBITDA for the quarter was $24.3 million, the second-highest quarterly adjusted EBITDA in the company's history, up from $11.1 million in the prior year. The improved results represent traction in our turnaround plan and the key initiatives we have put into place over the last year. We are more focused on our customers than ever before, we are executing our productivity plans and we are controlling costs. Progress and improved execution is evident in each of our three segments. We generated $35 million of operating cash flow in the quarter and we reduced total debt by over $20 million from year-end. Combined with the recent $30-million preferred equity raise, we have significantly improved our liquidity position while also improving our profit and cash flow profile. As we announced a few weeks ago, we completed a $30-million preferred equity raise with two of our largest investors. This is a reflection of their confidence in the business outlook and provides us the capital to support continued investment in our plant-based business unit. There is a total commitment of $60 million from these investors that we have the option, at our discretion, to access over the coming months. We continue to invest behind our most promising and high-return opportunities while deemphasizing lower-margin, lower-return-on-capital segments of our business. We are executing well and have successfully adapted to the day-to-day challenges of the current COVID-19 pandemic. I will touch on this in a moment, but first, let me run through our performance during the first quarter and our business initiatives. Our revenue growth was led by continued strong performance of our Plant-Based Food and Beverage business unit, which delivered 29.7% adjusted revenue growth in the quarter with strength across each primary product category. We also produced 9.1% adjusted revenue growth in our Fruit-Based Food and Beverage business unit as our pricing efforts, along with strong volume, drove the growth. More importantly, we saw further improvements in gross margin. Similarly, we generated 5.5% adjusted revenue growth in Global Ingredients while also delivering gross margin improvement. It is evident that our focus and investments in plant-based beverages has positioned us well for continued growth. We are executing the turnaround plan in our fruit business unit, driving improved margins and optimizing our operations for further success. In Global Ingredients, we are focusing on the most promising product categories, and we are seeing the results in our margin enhancement. Additionally, we see marked improvement in the output and efficiency of our cocoa processing plant in Holland. We are pleased with the improved margin and growth across each of our business units. In addition to our gross margin improvements, we continue to execute on our cost-savings initiatives. We are delivering on our SG&A reduction target of $8 million to $10 million on an annualized basis.
NASDAQ:STKLLong
by RedHotStocks
Bullish triangle patternThe company currently has a negative earning per share of -0.28 which is expected to grow to 0.42 next year. The Industry average price/earnings ratio is 28x so I’m estimating the stock could grow to about $11.00-$11.50 within the next months. The daily price started a bullish trend on the 6th of July after breaking the 50 day moving average and consolidated just below the 200 day average. It slowly moved up before breaking the 52 weeks average and retraced back down before restarting the trend forming a bullish triangular pattern. The price closed around the $7 resistance line on Friday and I’m looking to get into the market on Monday and i’m going to set my profit target is at about $7.50-7.60
NASDAQ:STKLLong
by charlie.asemota