Desjardins Has Positive Outlook of Saputo FY2025 Earnings

Saputo Inc. (TSE:SAP) – Equities researchers at Desjardins increased their FY2025 EPS estimates for shares of Saputo in a research report issued on Monday, February 17th. Desjardins analyst C. Li now expects that the company will post earnings of $1.53 per share for the year, up from their previous forecast of $1.52. 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 equities analysts have also issued research reports about the stock. Royal Bank of Canada decreased their price target on shares of Saputo from C$38.00 to C$35.00 and set an “outperform” rating for the company in a report on Friday, February 7th. National Bankshares reduced their target price on shares of Saputo from C$31.00 to C$28.00 in a research note on Wednesday, January 15th. Jefferies Financial Group reduced their target price on shares of Saputo from C$36.00 to C$32.00 and set a “buy” rating for the company in a research note on Monday, December 23rd. TD Securities reduced their target price on shares of Saputo from C$38.00 to C$37.00 in a research note on Monday, November 11th. Finally, CIBC reduced their target price on shares of Saputo from C$32.00 to C$29.00 in a research note on Monday, February 10th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$31.29.

Saputo Price Performance

Shares of SAP stock opened at C$25.59 on Thursday. Saputo has a 12-month low of C$22.59 and a 12-month high of C$32.15. The firm has a market capitalization of C$10.79 billion, a price-to-earnings ratio of -68.51, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 51.68. The firm has a fifty day moving average of C$24.34 and a 200-day moving average of C$27.09.

Insider Activity

In other news, Senior Officer Leanne Cutts bought 4,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were bought at an average cost of C$26.25 per share, with a total value of C$105,000.00. 40.45% of the stock is owned by insiders.

Saputo Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.76 annualized dividend and a yield of 2.97%. Saputo’s dividend payout ratio (DPR) is presently -203.48%.

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.