Suja Life, Inc. (NASDAQ:SUJA) Receives $26.67 Average PT from Brokerages

Shares of Suja Life, Inc. (NASDAQ:SUJA) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $26.6667.

SUJA has been the topic of a number of research reports. Zacks Research upgraded shares of Suja Life to a “hold” rating in a report on Tuesday, June 2nd. The Goldman Sachs Group reiterated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Weiss Ratings started coverage on shares of Suja Life in a research note on Wednesday, August 5th. They set a “sell (e-)” rating for the company. William Blair lowered Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen lowered shares of Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th.

Insider Buying and Selling

In other news, major shareholder Schwartz Food Chain Fund Paine purchased 189,300 shares of the stock in a transaction dated Thursday, August 20th. The shares were acquired at an average cost of $7.63 per share, for a total transaction of $1,444,359.00. Following the acquisition, the insider owned 9,787,457 shares of the company’s stock, valued at approximately $74,678,296.91. This represents a 1.97% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought 998,012 shares of company stock valued at $6,641,230 in the last ninety days.

Institutional Trading of Suja Life

A hedge fund recently bought a new position in Suja Life stock. Readystate Asset Management LP purchased a new stake in Suja Life, Inc. (NASDAQ:SUJA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 30,000 shares of the company’s stock, valued at approximately $305,000. Readystate Asset Management LP owned about 0.08% of Suja Life as of its most recent filing with the Securities & Exchange Commission.

Suja Life Stock Performance

Shares of NASDAQ:SUJA opened at $9.05 on Tuesday. The stock’s fifty day moving average is $9.13. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.53 and a quick ratio of 0.96. Suja Life has a fifty-two week low of $5.59 and a fifty-two week high of $18.48.

Suja Life (NASDAQ:SUJA) last issued its earnings results on Tuesday, August 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.34). The firm had revenue of $83.86 million during the quarter. Suja Life’s quarterly revenue was up 11.2% compared to the same quarter last year. Research analysts expect that Suja Life will post 0.1 earnings per share for the current fiscal year.

About Suja Life

Suja Life Inc operates as a holding company, through its subsidiaries, offers organic cold-pressed juices, wellness shots and functional sodas. Suja Life Inc is based in Oceanside, California.