Suja Life, Inc. (NASDAQ:SUJA) Stock Has Consensus Target Price of $25.00 According to Brokerages

Suja Life, Inc. (NASDAQ:SUJA) has been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $25.00.

A number of brokerages have commented on SUJA. William Blair lowered Suja Life from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 5th. Weiss Ratings initiated coverage on Suja Life in a research report on Wednesday, August 5th. They set a “sell (e-)” rating for the company. The Goldman Sachs Group reaffirmed 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 research note on Sunday, July 12th. Finally, Roth Capital started coverage on Suja Life in a report on Friday, October 2nd. They issued a “buy” rating and a $20.00 price target on the stock.

Insider Transactions at Suja Life

In other Suja Life news, major shareholder Schwartz Food Chain Fund Paine bought 233,624 shares of Suja Life stock in a transaction dated Wednesday, August 26th. The shares were bought at an average price of $9.59 per share, with a total value of $2,240,454.16. Following the purchase, the insider owned 10,677,629 shares of the company’s stock, valued at $102,398,462.11. This trade represents a 2.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last 90 days, insiders have bought 2,175,260 shares of company stock worth $18,052,220.

Hedge Funds Weigh In On Suja Life

Several large investors have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new stake in Suja Life during the 2nd quarter worth $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 acquired a new position in shares of Suja Life in the 2nd quarter valued at $305,000.

Suja Life Trading Up 3.1%

Shares of SUJA stock opened at $10.86 on Wednesday. Suja Life has a 1 year low of $5.59 and a 1 year high of $18.48. The business’s 50 day moving average is $8.76. The company has a current ratio of 1.53, a quick ratio of 0.96 and a debt-to-equity ratio of 0.86.

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 for the quarter was up 11.2% compared to the same quarter last year. Equities research analysts anticipate that Suja Life will post 0.06 earnings per share for the current fiscal year.

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.