Saputo Inc. (TSE:SAP - Free Report) - Equities researchers at National Bank Financial raised their Q2 2026 earnings estimates for shares of Saputo in a note issued to investors on Sunday, November 10th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $0.47 per share for the quarter, up from their prior estimate of $0.46. The consensus estimate for Saputo's current full-year earnings is $1.77 per share.
Several other research analysts also recently weighed in on SAP. BMO Capital Markets lowered Saputo from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from C$35.00 to C$30.00 in a report on Tuesday, October 15th. National Bankshares reduced their target price on shares of Saputo from C$36.00 to C$35.00 and set an "outperform" rating for the company in a research note on Monday, August 12th. TD Securities dropped their price target on shares of Saputo from C$38.00 to C$37.00 in a research note on Monday. Royal Bank of Canada reduced their price objective on shares of Saputo from C$39.00 to C$38.00 and set an "outperform" rating for the company in a research note on Tuesday, October 29th. Finally, CIBC lowered their target price on shares of Saputo from C$37.00 to C$35.00 and set an "outperform" rating on the stock in a report on Monday, August 12th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$34.50.
Get Our Latest Analysis on Saputo
Saputo Stock Performance
TSE SAP traded up C$0.02 on Wednesday, hitting C$26.19. 211,245 shares of the stock traded hands, compared to its average volume of 440,648. The company has a debt-to-equity ratio of 53.17, a quick ratio of 0.67 and a current ratio of 1.59. The business's fifty day moving average is C$28.31 and its two-hundred day moving average is C$29.04. Saputo has a 12 month low of C$25.28 and a 12 month high of C$32.15. The firm has a market capitalization of C$11.11 billion, a price-to-earnings ratio of 41.54, a PEG ratio of 0.56 and a beta of 0.32.
Insider Buying and Selling
In other Saputo news, Senior Officer Martin Gagnon acquired 2,000 shares of the business's stock in a transaction dated Tuesday, August 20th. The stock was bought at an average price of C$29.73 per share, with a total value of C$59,450.00. 40.45% of the stock is currently owned by company insiders.
Saputo Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th will be issued a $0.19 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $0.76 annualized dividend and a dividend yield of 2.90%. Saputo's payout ratio is currently 120.63%.
About Saputo
(
Get Free Report)
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.
Featured Articles
Before you consider Saputo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saputo wasn't on the list.
While Saputo currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.