Saputo Inc. (TSE:SAP – Free Report) – Investment analysts at Desjardins decreased their FY2025 earnings per share estimates for shares of Saputo in a research note issued to investors on Sunday, February 9th. Desjardins analyst C. Li now anticipates that the company will post earnings of $1.52 per share for the year, down from their previous estimate of $1.62. Desjardins has a “Buy” rating and a $31.00 price objective on the stock. The consensus estimate for Saputo’s current full-year earnings is $1.77 per share.
Several other equities analysts also recently weighed in on 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 on the stock in a research note on Friday, February 7th. BMO Capital Markets lowered their price objective on Saputo from C$30.00 to C$27.00 and set a “market perform” rating on the stock in a research note on Friday, January 10th. Jefferies Financial Group reduced their price target on Saputo from C$36.00 to C$32.00 and set a “buy” rating on the stock in a report on Monday, December 23rd. TD Securities cut their price objective on shares of Saputo from C$38.00 to C$37.00 in a research report on Monday, November 11th. Finally, CIBC dropped their price target on shares of Saputo from C$32.00 to C$29.00 in a research note on Monday. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$31.44.
Saputo Stock Down 0.5 %
TSE SAP opened at C$24.02 on Wednesday. The business has a fifty day moving average price of C$24.68 and a 200 day moving average price of C$27.40. The company has a debt-to-equity ratio of 53.17, a quick ratio of 0.67 and a current ratio of 1.59. The company has a market cap of C$10.19 billion, a P/E ratio of 38.13, a P/E/G ratio of 0.56 and a beta of 0.32. Saputo has a one year low of C$22.59 and a one year high of C$32.15.
Insider Buying and Selling at Saputo
In related news, Senior Officer Leanne Cutts acquired 4,000 shares of Saputo stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average cost of C$26.25 per share, for a total transaction of C$105,000.00. 40.45% of the stock is currently owned by corporate insiders.
Saputo Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.16%. 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.
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