Desjardins Issues Positive Outlook for Rogers Sugar Earnings

Rogers Sugar Inc. (TSE:RSI - Free Report) - Analysts at Desjardins boosted their FY2025 earnings estimates for Rogers Sugar in a report issued on Thursday, November 28th. Desjardins analyst F. Tremblay now expects that the company will earn $0.52 per share for the year, up from their prior forecast of $0.41. The consensus estimate for Rogers Sugar's current full-year earnings is $0.56 per share. Desjardins also issued estimates for Rogers Sugar's FY2026 earnings at $0.50 EPS.

Other analysts also recently issued reports about the stock. BMO Capital Markets increased their price target on shares of Rogers Sugar from C$6.50 to C$7.00 in a report on Friday. Scotiabank set a C$6.25 price objective on shares of Rogers Sugar and gave the company a "sector perform" rating in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of C$6.55.

Rogers Sugar Stock Up 2.3 %

Shares of RSI traded up C$0.14 during mid-day trading on Monday, hitting C$6.24. The company's stock had a trading volume of 601,806 shares, compared to its average volume of 186,230. The company's 50-day moving average is C$5.71 and its 200-day moving average is C$5.68. Rogers Sugar has a 52-week low of C$5.12 and a 52-week high of C$6.28. The firm has a market capitalization of C$798.22 million, a price-to-earnings ratio of 16.49 and a beta of 0.60. The company has a current ratio of 1.66, a quick ratio of 0.56 and a debt-to-equity ratio of 100.31.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.