Saputo Inc. (TSE:SAP – Free Report) – Equities research analysts at National Bank Financial lifted their Q2 2026 earnings per share (EPS) estimates for Saputo in a research note issued on Sunday, November 10th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $0.47 per share for the quarter, up from their prior estimate of $0.46. The consensus estimate for Saputo’s current full-year earnings is $1.77 per share.
Several other research analysts also recently issued reports on the stock. BMO Capital Markets downgraded shares of Saputo from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from C$35.00 to C$30.00 in a research report on Tuesday, October 15th. CIBC dropped their price target on Saputo from C$37.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Monday, August 12th. National Bankshares decreased their price objective on Saputo from C$36.00 to C$35.00 and set an “outperform” rating for the company in a research report on Monday, August 12th. TD Securities dropped their target price on Saputo from C$38.00 to C$37.00 in a report on Monday. Finally, Royal Bank of Canada decreased their price target on Saputo from C$39.00 to C$38.00 and set an “outperform” rating for the company in a report on Tuesday, October 29th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$34.50.
Saputo Stock Performance
Shares of Saputo stock opened at C$26.19 on Wednesday. The firm’s fifty day simple moving average is C$28.31 and its 200-day simple moving average is C$29.04. Saputo has a 12 month low of C$25.28 and a 12 month high of C$32.15. The stock has a market capitalization of C$11.11 billion, a price-to-earnings ratio of 41.54, a PEG ratio of 0.56 and a beta of 0.32. The company has a debt-to-equity ratio of 53.17, a current ratio of 1.59 and a quick ratio of 0.67.
Insiders Place Their Bets
In related news, Senior Officer Martin Gagnon bought 2,000 shares of the firm’s stock in a transaction on Tuesday, August 20th. The shares were bought at an average cost of C$29.73 per share, for a total transaction of C$59,450.00. 40.45% of the stock is currently owned by company insiders.
Saputo Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 10th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date is Tuesday, December 10th. Saputo’s dividend payout ratio is presently 120.63%.
About Saputo
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.
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