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.
Read Our Latest Research Report on SAP
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
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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.
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