FY2025 Earnings Estimate for Saputo Issued By Desjardins

Saputo Inc. (TSE:SAP) – Equities researchers at Desjardins dropped their FY2025 earnings per share (EPS) estimates for shares of Saputo in a research report issued to clients and investors on Sunday, February 9th. Desjardins analyst C. Li now forecasts that the company will post earnings per share of $1.52 for the year, down from their prior forecast of $1.62. 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 research firms also recently weighed in on SAP. BMO Capital Markets cut their price target on 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. National Bankshares cut their price objective on Saputo from C$31.00 to C$28.00 in a research note on Wednesday, January 15th. TD Securities cut their price objective on Saputo from C$38.00 to C$37.00 in a research note on Monday, November 11th. Jefferies Financial Group cut their price objective on 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. Finally, CIBC cut their price objective on Saputo from C$32.00 to C$29.00 in a research note on Monday. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$31.29.

Saputo Stock Up 0.1 %

SAP opened at C$24.32 on Wednesday. Saputo has a fifty-two week low of C$22.59 and a fifty-two week high of C$32.15. The business has a 50-day moving average of C$24.55 and a 200-day moving average of C$27.32. 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 company has a market capitalization of C$10.25 billion, a PE ratio of -65.11, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32.

Insider Buying and Selling at Saputo

In other Saputo news, Senior Officer Leanne Cutts bought 4,000 shares of the stock in a transaction on Wednesday, November 27th. The shares were purchased at an average price of C$26.25 per share, with a total value of C$105,000.00. Insiders own 40.45% of the company’s stock.

Saputo Announces Dividend

The firm also recently announced 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 3.13%. The ex-dividend date of this dividend was Tuesday, December 10th. Saputo’s dividend payout ratio (DPR) is currently -203.48%.

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.