SunOpta Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags - Yahoo Finance
| SOY Stock | CAD 11.21 0.14 1.23% |
About 62% of SunOpta's investor base is looking to short. The analysis of overall sentiment of trading SunOpta stock suggests that many investors are alarmed at this time. SunOpta's investing sentiment overview a quick insight into current market opportunities from investing in SunOpta. Many technical investors use SunOpta stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
SunOpta |
SunOpta Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags Yahoo Finance
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SunOpta Fundamental Analysis
We analyze SunOpta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SunOpta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SunOpta based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
SunOpta is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
SunOpta Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SunOpta stock to make a market-neutral strategy. Peer analysis of SunOpta could also be used in its relative valuation, which is a method of valuing SunOpta by comparing valuation metrics with similar companies.
Peers
SunOpta Related Equities
| MRE | Martinrea International | 2.11 | ||||
| CF | Canaccord Genuity | 1.21 | ||||
| WPK | Winpak | 1.13 | ||||
| AIF | Altus Group | 0.87 |
Check out SunOpta Hype Analysis, SunOpta Correlation and SunOpta Performance. To learn how to invest in SunOpta Stock, please use our How to Invest in SunOpta guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.