Desjardins Comments on Saputo's FY2025 Earnings (TSE:SAP)

Saputo Inc. (TSE:SAP - Free Report) - Equities research analysts at Desjardins lifted their FY2025 earnings per share estimates for Saputo in a research note issued on Monday, February 17th. Desjardins analyst C. Li now forecasts that the company will post earnings of $1.53 per share for the year, up from their prior forecast of $1.52. Desjardins currently 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.

Several other research firms also recently issued reports on SAP. TD Securities dropped their price target on shares of Saputo from C$38.00 to C$37.00 in a research note on Monday, November 11th. Jefferies Financial Group dropped their target price on Saputo from C$36.00 to C$32.00 and set a "buy" rating on the stock in a research report on Monday, December 23rd. National Bankshares reduced their price target on Saputo from C$31.00 to C$28.00 in a report on Wednesday, January 15th. BMO Capital Markets lowered their price objective 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. Finally, 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 report on Friday, February 7th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Saputo presently has a consensus rating of "Moderate Buy" and an average target price of C$31.29.

Saputo Stock Up 2.2 %

Shares of SAP traded up C$0.56 during mid-day trading on Thursday, reaching C$25.97. 486,038 shares of the stock traded hands, compared to its average volume of 806,645. The stock has a fifty day simple moving average of C$24.31 and a 200 day simple moving average of C$26.97. Saputo has a 12-month low of C$22.59 and a 12-month high of C$32.15. 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 firm has a market cap of C$10.95 billion, a price-to-earnings ratio of -69.53, a P/E/G ratio of 0.56 and a beta of 0.32.

Saputo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were issued a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.93%. Saputo's dividend payout ratio (DPR) is -203.48%.

Insider Buying and Selling

In other Saputo news, Senior Officer Leanne Cutts bought 4,000 shares of the business's 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. 40.45% of the stock is currently owned by company insiders.

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.