Equities Analysts Issue Forecasts for Saputo FY2025 Earnings

Saputo Inc. (TSE:SAP) – Equities research analysts at Desjardins increased their FY2025 earnings estimates for Saputo in a research report issued on Monday, February 17th. Desjardins analyst C. Li now anticipates that the company will post earnings of $1.53 per share for the year, up from their prior 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.

A number of other equities research analysts have also issued reports on SAP. National Bankshares cut their price target on shares of Saputo from C$31.00 to C$28.00 in a report on Wednesday, January 15th. Jefferies Financial Group dropped their price objective on shares of Saputo from C$36.00 to C$32.00 and set a “buy” rating on the stock in a research note on Monday, December 23rd. BMO Capital Markets dropped their price objective on shares of 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. 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. Finally, CIBC dropped their price objective on shares of Saputo from C$32.00 to C$29.00 in a research note on Monday, February 10th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$31.29.

Saputo Stock Up 2.4 %

SAP stock opened at C$25.34 on Thursday. Saputo has a 52-week low of C$22.59 and a 52-week high of C$32.15. The company’s 50 day simple moving average is C$24.36 and its 200-day simple moving average is C$27.10. 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 market capitalization of C$10.68 billion, a P/E ratio of -67.85, a P/E/G ratio of 0.56 and a beta of 0.32.

Insider Transactions at Saputo

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

Saputo Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were paid a dividend of $0.19 per share. The ex-dividend date was Tuesday, December 10th. This represents a $0.76 annualized dividend and a dividend yield of 3.00%. Saputo’s dividend payout ratio (DPR) is -203.48%.

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.