Saputo Inc. (TSE:SAP – Free Report) – Desjardins lowered their FY2025 earnings per share estimates for shares of Saputo in a research report issued on Sunday, February 9th. Desjardins analyst C. Li now forecasts that the company will post earnings per share of $1.52 for the year, down from their previous estimate of $1.62. Desjardins currently has a “Buy” rating and a $31.00 target price on the stock. The consensus estimate for Saputo’s current full-year earnings is $1.77 per share.
Other research analysts have also issued reports about the company. Jefferies Financial Group lowered their price objective on Saputo from C$36.00 to C$32.00 and set a “buy” rating for the company in a research report on Monday, December 23rd. Royal Bank of Canada decreased their target price on Saputo from C$38.00 to C$35.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. BMO Capital Markets cut their price target on Saputo from C$30.00 to C$27.00 and set a “market perform” rating on the stock in a report on Friday, January 10th. TD Securities decreased their price objective on Saputo from C$38.00 to C$37.00 in a report on Monday, November 11th. Finally, CIBC lowered their target price on Saputo from C$32.00 to C$29.00 in a research report on Monday. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$31.29.
Saputo Stock Performance
SAP stock opened at C$24.30 on Wednesday. The stock has a 50-day moving average price of C$24.61 and a 200-day moving average price of C$27.34. Saputo has a 1-year low of C$22.59 and a 1-year high of C$32.15. The company has a current ratio of 1.59, a quick ratio of 0.67 and a debt-to-equity ratio of 53.17. The firm has a market cap of C$10.31 billion, a PE ratio of 38.57, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32.
Insider Buying and Selling at Saputo
In related news, Senior Officer Leanne Cutts acquired 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was acquired at an average price of C$26.25 per share, for a total transaction of C$105,000.00. Insiders own 40.45% of the company’s stock.
Saputo Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date was Tuesday, December 10th. Saputo’s dividend payout ratio (DPR) is 120.63%.
Saputo Company Profile
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.
Further Reading
- Five stocks we like better than Saputo
- Why Are These Companies Considered Blue Chips?
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Transportation Stocks Investing
- Inflation Persists, But So Do Stock Opportunities: Rally On
- What Does a Stock Split Mean?
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for Saputo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo and related companies with MarketBeat.com's FREE daily email newsletter.