Saputo Inc. (TSE:SAP) Expected to Post FY2027 Earnings of $2.28 Per Share

Saputo Inc. (TSE:SAP - Free Report) - Stock analysts at National Bank Financial issued their FY2027 earnings per share (EPS) estimates for shares of Saputo in a note issued to investors on Wednesday, October 2nd. National Bank Financial analyst V. Shreedhar anticipates that the company will post earnings per share of $2.28 for the year. The consensus estimate for Saputo's current full-year earnings is $1.78 per share.

A number of other analysts have also commented on SAP. National Bankshares decreased their price objective on Saputo from C$36.00 to C$35.00 and set an "outperform" rating for the company in a report on Monday, August 12th. TD Securities raised their price objective on Saputo from C$36.00 to C$37.00 and gave the company a "buy" rating in a research note on Monday, June 10th. BMO Capital Markets lifted their price objective on shares of Saputo from C$34.00 to C$35.00 and gave the stock an "outperform" rating in a report on Monday, June 10th. Desjardins raised their price target on shares of Saputo from C$33.00 to C$35.00 and gave the company a "buy" rating in a research report on Monday, June 10th. Finally, CIBC cut their price target 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. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, Saputo currently has an average rating of "Buy" and a consensus target price of C$35.50.

Saputo Price Performance

The company has a debt-to-equity ratio of 53.17, a quick ratio of 0.67 and a current ratio of 1.59. Saputo has a 1-year low of C$25.28 and a 1-year high of C$32.15. The firm's 50 day moving average price is C$29.95 and its 200 day moving average price is C$28.86. The company has a market capitalization of C$12.02 billion, a P/E ratio of 44.95, a price-to-earnings-growth ratio of 0.21 and a beta of 0.32.

Saputo (TSE:SAP - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.39 earnings per share for the quarter, beating the consensus estimate of C$0.37 by C$0.02. The firm had revenue of C$4.61 billion for the quarter, compared to analyst estimates of C$4.44 billion. Saputo had a net margin of 1.50% and a return on equity of 3.72%.

Saputo Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 20th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of ∞. This is an increase from Saputo's previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, September 10th. Saputo's dividend payout ratio is presently 120.63%.

Insider Activity

In other news, Senior Officer Martin Gagnon purchased 2,000 shares of Saputo stock in a transaction dated Tuesday, August 20th. The stock was purchased at an average cost of C$29.73 per share, for a total transaction of C$59,450.00. In related news, Senior Officer Carl Colizza bought 6,800 shares of the company's stock in a transaction on Tuesday, August 13th. The stock was acquired at an average cost of C$29.43 per share, for a total transaction of C$200,124.00. Also, Senior Officer Martin Gagnon purchased 2,000 shares of the business's stock in a transaction on Tuesday, August 20th. The stock was bought at an average cost of C$29.73 per share, with a total value of C$59,450.00. 42.57% of the stock is 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.