Suja Life (NASDAQ:SUJA) Upgraded at Roth Capital

Roth Capital upgraded shares of Suja Life (NASDAQ:SUJA) to a strong-buy rating in a report published on Friday,Zacks reports.

Several other analysts have also issued reports on SUJA. The Goldman Sachs Group restated a “buy” rating on shares of Suja Life in a research note on Wednesday, August 5th. Wall Street Zen lowered Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. William Blair lowered Suja Life from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings initiated coverage on Suja Life in a research note on Wednesday, August 5th. They issued a “sell (e-)” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $25.00.

Suja Life Price Performance

NASDAQ:SUJA opened at $9.70 on Friday. Suja Life has a 12 month low of $5.59 and a 12 month high of $18.48. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86. The business has a 50 day moving average of $8.77.

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

Insider Buying and Selling

In other Suja Life news, major shareholder Schwartz Food Chain Fund Paine acquired 233,624 shares of Suja Life stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of $9.59 per share, for a total transaction of $2,240,454.16. Following the purchase, the insider owned 10,677,629 shares of the company’s stock, valued at approximately $102,398,462.11. This represents a 2.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have purchased 2,175,260 shares of company stock valued at $18,052,220.

Institutional Investors Weigh In On Suja Life

Institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new position in shares of Suja Life in the second quarter valued at $8,294,000. State Street Corp bought a new stake in shares of Suja Life during the 2nd quarter valued at $607,000. Finally, Readystate Asset Management LP bought a new stake in shares of Suja Life during the 2nd quarter valued at $305,000.

Suja Life Company Profile

Suja Life, Inc is a wellness beverage company focused on producing and marketing organic and functional drinks. Its portfolio includes cold-pressed juices, probiotic beverages, kombucha, wellness shots and other products designed to support everyday health and nutrition.

The company’s principal brands include Suja Organic, which offers refrigerated juices, smoothies and functional beverages, and Vive Organic, which specializes in concentrated wellness shots and other functional drinks.