Desjardins Has Bearish Estimate for Saputo FY2025 Earnings

Saputo Inc. (TSE:SAP) – Desjardins cut their FY2025 EPS estimates for Saputo in a research note issued to investors on Monday, March 31st. Desjardins analyst C. Li now expects that the company will post earnings of $1.51 per share for the year, down from their previous forecast of $1.53. 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.

A number of other equities analysts have also recently issued reports on the stock. CIBC cut their target price on shares of Saputo from C$32.00 to C$29.00 in a report on Monday, February 10th. BMO Capital Markets cut their price target on Saputo from C$30.00 to C$27.00 and set a “market perform” rating on the stock in a report on Friday, January 10th. TD Securities lowered their price objective on Saputo from C$37.00 to C$35.00 and set a “buy” rating for the company in a research note on Friday, March 28th. Royal Bank of Canada cut their target price on 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. Finally, Jefferies Financial Group reduced their price target on shares of Saputo from C$36.00 to C$32.00 and set a “buy” rating for the company in a report on Monday, December 23rd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Saputo presently has a consensus rating of “Moderate Buy” and a consensus target price of C$31.00.

Saputo Trading Up 0.8 %

TSE SAP opened at C$25.42 on Thursday. The company has a debt-to-equity ratio of 51.68, a quick ratio of 0.67 and a current ratio of 1.53. Saputo has a one year low of C$22.59 and a one year high of C$32.15. The company has a 50-day simple moving average of C$24.79 and a 200-day simple moving average of C$26.04. The firm has a market capitalization of C$10.72 billion, a PE ratio of -68.06, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32.

Saputo Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend was Tuesday, March 4th. 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.