Suja Life (NASDAQ:SUJA – Get Free Report) was upgraded by research analysts at Roth Capital to a “strong-buy” rating in a research report issued on Friday, Zacks reports.
SUJA has been the topic of a number of other reports. William Blair downgraded shares of Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Weiss Ratings began coverage on shares of Suja Life in a report on Wednesday, August 5th. They set a “sell (e-)” rating for the company. Wall Street Zen downgraded shares of Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Suja Life has an average rating of “Moderate Buy” and an average price target of $25.00.
Get Our Latest Stock Analysis on Suja Life
Suja Life Stock Performance
Suja Life (NASDAQ:SUJA – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The company had revenue of $83.86 million during the quarter. Suja Life’s revenue for the quarter was up 11.2% compared to the same quarter last year. Equities research analysts expect that Suja Life will post 0.1 EPS for the current year.
Insider Buying and Selling at Suja Life
In related news, major shareholder Schwartz Food Chain Fund Paine acquired 233,624 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were bought at an average price of $9.59 per share, for a total transaction of $2,240,454.16. Following the purchase, the insider directly owned 10,677,629 shares in the company, valued at approximately $102,398,462.11. This trade represents a 2.24% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders purchased 2,175,260 shares of company stock worth $18,052,220.
Institutional Investors Weigh In On Suja Life
Several large investors have recently made changes to their positions in the stock. State Street Corp acquired a new position in Suja Life during the second quarter worth $607,000. Citadel Advisors LLC acquired a new stake in Suja Life in the second quarter valued at $8,294,000. Finally, Readystate Asset Management LP bought a new position in shares of Suja Life in the 2nd quarter valued at about $305,000.
About Suja Life
Suja Life is a beverage company focused on organic and better-for-you products designed to support everyday wellness. Its portfolio includes cold-pressed juices, functional beverages, probiotic drinks and wellness shots made with ingredients such as fruits, vegetables, herbs and other plant-based components.
The company’s products have been marketed under the Suja brand and distributed through grocery stores, natural-food retailers, club stores and other retail channels, as well as through online commerce.
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