Desjardins Issues Optimistic Outlook for Saputo Earnings

Saputo Inc. (TSE:SAP) – Equities researchers at Desjardins lifted their Q3 2026 earnings per share estimates for shares of Saputo in a note issued to investors on Sunday, November 9th. Desjardins analyst C. Li now anticipates that the company will earn $0.55 per share for the quarter, up from their prior forecast of $0.53. Desjardins currently has a “Buy” rating and a $36.00 price target on the stock. The consensus estimate for Saputo’s current full-year earnings is $1.77 per share.

A number of other research analysts have also recently weighed in on SAP. CIBC raised their price target on Saputo from C$36.00 to C$40.00 in a research report on Monday. TD Securities increased their price objective on shares of Saputo from C$38.00 to C$44.00 in a research note on Monday. Scotiabank raised their target price on shares of Saputo from C$36.00 to C$37.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Royal Bank Of Canada upped their price target on shares of Saputo from C$35.00 to C$37.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Finally, BMO Capital Markets increased their price target on shares of Saputo from C$34.00 to C$37.00 in a research report on Monday. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$38.63.

Saputo Stock Performance

Shares of SAP stock opened at C$37.10 on Wednesday. The stock has a fifty day moving average price of C$34.13 and a 200 day moving average price of C$30.47. The company has a debt-to-equity ratio of 51.68, a quick ratio of 0.67 and a current ratio of 1.53. The stock has a market cap of C$15.43 billion, a PE ratio of -185.50, a P/E/G ratio of 0.56 and a beta of 0.07. Saputo has a 1 year low of C$22.59 and a 1 year high of C$37.39.

Saputo Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, September 12th were issued a $0.20 dividend. This is a positive change from Saputo’s previous quarterly dividend of $0.19. The ex-dividend date was Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 2.2%. Saputo’s payout ratio is currently -385.00%.

Saputo Company Profile

Saputo is a global dairy processor domiciled in Canada (28% of fiscal 2022 sales) with operations in the United States (43%), the U.K. (6%), and other international markets (23%). It sells cheese, cream, fluid milk, and other dairy products. In the retail segment (50% of revenue), its mix of brands include Saputo, Armstrong, Cheer, Cathedral City, and Frylight.