Suja Life, Inc. (NASDAQ:SUJA) Given Consensus Rating of “Moderate Buy” by Analysts

Suja Life, Inc. (NASDAQ:SUJA) has earned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $26.6667.

SUJA has been the topic of a number of research analyst reports. Evercore initiated coverage on shares of Suja Life in a research note on Monday, June 1st. They issued an “outperform” rating and a $24.00 target price on the stock. Wall Street Zen downgraded Suja Life from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Zacks Research raised Suja Life to a “hold” rating in a report on Tuesday, June 2nd. William Blair downgraded Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group initiated coverage on Suja Life in a research report on Monday, June 1st. They issued a “buy” rating and a $25.00 target price for the company.

Suja Life Stock Down 3.6%

Shares of Suja Life stock opened at $8.85 on Friday. Suja Life has a 1 year low of $5.59 and a 1 year high of $18.48. 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 company’s fifty day simple moving average is $9.05.

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

Insiders Place Their Bets

In other news, major shareholder Schwartz Food Chain Fund Paine acquired 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was bought at an average price of $9.90 per share, with a total value of $495,000.00. Following the acquisition, the insider owned 11,921,253 shares in the company, valued at $118,020,404.70. The trade was a 0.42% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders bought 2,175,260 shares of company stock valued at $18,052,220.

Hedge Funds Weigh In On Suja Life

A hedge fund recently bought a new stake in Suja Life stock. Citadel Advisors LLC purchased a new stake in Suja Life, Inc. (NASDAQ:SUJA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 816,348 shares of the company’s stock, valued at approximately $8,294,000. Citadel Advisors LLC owned 2.11% of Suja Life as of its most recent SEC filing.

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.