FY2025 Earnings Forecast for Saputo Issued By Desjardins

Saputo Inc. (TSE:SAP) – Analysts at Desjardins cut their FY2025 earnings per share (EPS) estimates for shares of Saputo in a research note issued 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 prior 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 analysts have also recently weighed in on the stock. Jefferies Financial Group cut 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 report on Monday, December 23rd. Royal Bank of Canada reduced their price target on shares of Saputo from C$38.00 to C$35.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. TD Securities dropped their price objective on Saputo from C$37.00 to C$35.00 and set a “buy” rating on the stock in a report on Friday, March 28th. Scotiabank raised Saputo to a “strong-buy” rating in a report on Tuesday. Finally, CIBC dropped their price target on Saputo from C$32.00 to C$29.00 in a research note on Monday, February 10th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$31.00.

Saputo Price Performance

SAP stock opened at C$24.56 on Thursday. The business has a 50 day moving average price of C$24.85 and a 200 day moving average price of C$26.00. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 51.68. The stock has a market cap of C$10.35 billion, a price-to-earnings ratio of -65.76, a PEG ratio of 0.56 and a beta of 0.32. Saputo has a fifty-two week low of C$22.59 and a fifty-two week high of C$32.15.

Saputo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend was Tuesday, March 4th. Saputo’s dividend payout ratio (DPR) is presently -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.