Saputo Inc. (TSE:SAP – Free Report) – Analysts at Desjardins raised their FY2025 EPS estimates for shares of Saputo in a research note issued to investors on Monday, February 17th. Desjardins analyst C. Li now expects that the company will earn $1.53 per share for the year, up from their previous forecast of $1.52. Desjardins has a “Buy” rating and a $31.00 price target on the stock. The consensus estimate for Saputo’s current full-year earnings is $1.77 per share.
Several other equities analysts also recently commented on the stock. TD Securities dropped their price objective on shares of Saputo from C$38.00 to C$37.00 in a research note on Monday, November 11th. Royal Bank of Canada dropped their price objective on shares of Saputo from C$38.00 to C$35.00 and set an “outperform” rating for the company in a research note on Friday, February 7th. CIBC dropped their price target on shares of Saputo from C$32.00 to C$29.00 in a research note on Monday, February 10th. BMO Capital Markets dropped their price target on shares of Saputo from C$30.00 to C$27.00 and set a “market perform” rating for the company in a research note on Friday, January 10th. Finally, National Bankshares dropped their price target on shares of Saputo from C$31.00 to C$28.00 in a research note on Wednesday, January 15th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$31.29.
Saputo Price Performance
Shares of TSE:SAP opened at C$25.59 on Thursday. The company has a market cap of C$10.79 billion, a price-to-earnings ratio of -68.51, a PEG ratio of 0.56 and a beta of 0.32. The company has a debt-to-equity ratio of 51.68, a current ratio of 1.53 and a quick ratio of 0.67. The firm has a 50 day simple moving average of C$24.34 and a 200 day simple moving average of C$27.09. Saputo has a one year low of C$22.59 and a one year high of C$32.15.
Saputo Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend was Tuesday, December 10th. Saputo’s payout ratio is -203.48%.
Insiders Place Their Bets
In other Saputo news, Senior Officer Leanne Cutts acquired 4,000 shares of Saputo stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average cost of C$26.25 per share, for a total transaction of C$105,000.00. Corporate insiders own 40.45% of the company’s stock.
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.
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