Desjardins Has Bearish Estimate for Saputo FY2025 Earnings

Saputo Inc. (TSE:SAP - Free Report) - Equities researchers at Desjardins cut their FY2025 earnings estimates for shares of Saputo in a research note issued to investors on Monday, March 31st. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $1.51 for the year, down from their prior estimate of $1.53. 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 analysts have also recently weighed in on SAP. Royal Bank of Canada lowered their price objective on 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. CIBC lowered their price target on Saputo from C$32.00 to C$29.00 in a report on Monday, February 10th. National Bankshares set a C$28.00 price objective on shares of Saputo and gave the company an "outperform" rating in a report on Monday. TD Securities decreased their price objective on shares of Saputo from C$37.00 to C$35.00 and set a "buy" rating for the company in a research report on Friday, March 28th. Finally, BMO Capital Markets dropped their target price on shares of Saputo from C$30.00 to C$27.00 and set a "market perform" rating on the stock in a research report on Friday, January 10th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$31.00.

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Saputo Stock Up 2.7 %

SAP traded up C$0.65 during trading on Thursday, hitting C$24.74. The stock had a trading volume of 245,420 shares, compared to its average volume of 799,141. The stock has a 50 day simple moving average of C$24.86 and a two-hundred day simple moving average of C$25.90. 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 twelve month low of C$22.59 and a twelve month high of C$32.15. The company has a market capitalization of C$10.43 billion, a PE ratio of -66.24, a PEG 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. Investors of record on Friday, March 14th were issued a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $0.76 annualized dividend and a yield of 3.07%. 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.