Key Points
- Major shareholder buying: Schwartz Food Chain Fund Paine purchased 189,300 Suja Life shares on August 18 at an average of $6.73, increasing its direct ownership to 9.41 million shares. The fund also made several additional purchases in August.
- Mixed financial performance: Suja Life’s quarterly revenue rose 11.2% year over year to $83.86 million, but it reported a $0.14-per-share loss, missing analysts’ $0.20 EPS estimate.
- Stock and analyst outlook remain mixed: SUJA opened at $7.50, well below its 52-week high of $18.48, while analyst opinions range from strong buy to sell; the consensus rating is “Moderate Buy” with a $26.67 price target.
Suja Life, Inc. (NASDAQ:SUJA - Get Free Report) major shareholder Schwartz Food Chain Fund Paine purchased 189,300 shares of the stock in a transaction on Tuesday, August 18th. The shares were acquired at an average cost of $6.73 per share, with a total value of $1,273,989.00. Following the transaction, the insider directly owned 9,408,857 shares in the company, valued at $63,321,607.61. The trade was a 2.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Schwartz Food Chain Fund Paine also recently made the following trade(s):
- On Thursday, August 20th, Schwartz Food Chain Fund Paine acquired 189,300 shares of Suja Life stock. The stock was acquired at an average price of $7.63 per share, with a total value of $1,444,359.00.
- On Monday, August 17th, Schwartz Food Chain Fund Paine acquired 175,185 shares of Suja Life stock. The stock was acquired at an average price of $6.49 per share, for a total transaction of $1,136,950.65.
- On Friday, August 14th, Schwartz Food Chain Fund Paine acquired 111,929 shares of Suja Life stock. The stock was acquired at an average price of $6.43 per share, for a total transaction of $719,703.47.
- On Wednesday, August 12th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired at an average cost of $6.13 per share, for a total transaction of $686,124.77.
- On Tuesday, August 11th, Schwartz Food Chain Fund Paine bought 108,440 shares of Suja Life stock. The shares were acquired at an average price of $6.09 per share, with a total value of $660,399.60.
- On Monday, August 10th, Schwartz Food Chain Fund Paine bought 111,929 shares of Suja Life stock. The shares were acquired at an average price of $6.43 per share, with a total value of $719,703.47.
Suja Life Stock Up 1.5%
Shares of SUJA stock opened at $7.50 on Friday. The business has a fifty day simple moving average of $9.22. Suja Life, Inc. has a 52 week low of $5.59 and a 52 week 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.
Suja Life (NASDAQ:SUJA - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.34). The business had revenue of $83.86 million for the quarter. The company's revenue was up 11.2% compared to the same quarter last year. Equities analysts anticipate that Suja Life, Inc. will post 0.1 EPS for the current year.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on SUJA. The Goldman Sachs Group reiterated a "buy" rating on shares of Suja Life in a research report on Wednesday, August 5th. William Blair lowered shares of Suja Life from an "outperform" rating to a "market perform" rating in a report on Wednesday, August 5th. Evercore started coverage on Suja Life in a research report on Monday, June 1st. They set an "outperform" rating and a $24.00 price objective on the stock. Weiss Ratings began coverage on Suja Life in a report on Wednesday, August 5th. They set a "sell (e-)" rating on the stock. Finally, Wall Street Zen lowered Suja Life from a "hold" rating to a "sell" rating in a research report on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $26.67.
Check Out Our Latest Report on Suja Life
Suja Life News Roundup
Here are the key news stories impacting Suja Life this week:
- Positive Sentiment: Major shareholder increases stake: Schwartz Food Chain Fund Paine purchased a combined 378,600 shares on August 18 and August 20 at average prices of $6.73 and $7.63, respectively. The purchases increased the fund’s ownership to nearly 9.8 million shares and may signal confidence in Suja Life’s long-term prospects. SEC insider ownership filing
- Positive Sentiment: Refinancing lowers borrowing costs: Suja Life announced an amended and restated credit agreement that reduces its borrowing spread and cost of capital. The change could improve cash flow and financial flexibility, although the company remains exposed to its existing debt obligations. Amended and restated credit agreement
- Neutral Sentiment: Stock remains volatile: SUJA recently traded near $7.50, compared with a 12-month range of $5.59 to $18.48. Its latest quarterly report showed revenue growth of 11.2% year over year, but earnings missed analyst expectations, adding uncertainty around profitability.
- Negative Sentiment: Multiple law firms are investigating: Rosen Law Firm, Glancy Prongay Wolke & Rotter, Howard G. Smith, Robbins LLP, Frank R. Cruz and Hagens Berman announced or reiterated investigations into potential securities-law violations, including allegations that Suja Life may have made misleading statements about its business, distribution channels and IPO disclosures. These announcements increase headline, litigation and potential financial risks for shareholders. Rosen investigation Hagens Berman investigation
Suja Life Company Profile
(
Get Free Report)
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.
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