Suja Life, Inc. (SUJA) – What Are Researchers Thinking About This Stock?

Suja Life, Inc. (NASDAQ:SUJA – Get Free Report) has received an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $25.00.

A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC began coverage on shares of Suja Life in a research note on Thursday, October 15th. They issued a “hold” rating on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a report on Wednesday, August 5th. William Blair cut shares of Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Weiss Ratings began coverage on shares of Suja Life in a report on Wednesday, August 5th. They issued a “sell (e-)” rating for the company. Finally, Wall Street Zen lowered Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th.

Get Our Latest Analysis on Suja Life

Suja Life Stock Performance

Suja Life stock opened at $10.65 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.53 and a debt-to-equity ratio of 0.86. The stock’s 50-day moving average price is $9.72. Suja Life has a 12-month low of $5.59 and a 12-month high of $18.48.

Suja Life (NASDAQ:SUJA – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.34). The business had revenue of $83.86 million during the quarter. The firm’s revenue was up 11.2% on a year-over-year basis. On average, equities research analysts expect that Suja Life will post 0.06 earnings per share for the current fiscal year.

Insider Activity at Suja Life

In other 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 stock was acquired at an average cost of $9.59 per share, with a total value of $2,240,454.16. Following the completion of the purchase, the insider owned 10,677,629 shares of the company’s stock, valued at $102,398,462.11. This represents a 2.24% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders acquired 2,175,260 shares of company stock worth $18,052,220 in the last ninety days.

Institutional Investors Weigh In On Suja Life

Several institutional investors and hedge funds have recently modified their holdings of the company. Citadel Advisors LLC acquired a new position in Suja Life during the 2nd quarter worth about $8,294,000. State Street Corp acquired a new position in Suja Life in the 2nd quarter valued at about $607,000. Finally, Readystate Asset Management LP acquired a new position in Suja Life in the 2nd quarter valued at about $305,000.

About Suja Life

(Get Free Report)

Suja Life is a health and wellness beverage company focused on producing and distributing organic, non-GMO drinks. Its portfolio has historically included cold-pressed juices, juice blends, wellness shots and other functional beverages designed to support everyday health and nutrition.

The company is best known for its Suja Organic brand, which offers products made with fruit, vegetables and other plant-based ingredients. Its offerings have been sold through grocery stores, mass retailers, natural-food outlets, e-commerce channels and other distribution partners, primarily in the United States.

Suja Life was founded in 2012 and is based in San Diego, California.

Further Reading

Analyst Recommendations for Suja Life (NASDAQ:SUJA)

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