Saputo Inc. (TSE:SAP – Free Report) – Stock analysts at National Bank Financial upped their Q2 2026 earnings estimates for shares of Saputo in a research note issued to investors on Sunday, November 10th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $0.47 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.
A number of other brokerages have also recently weighed in on SAP. BMO Capital Markets cut 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 research note on Tuesday, October 15th. National Bankshares lowered their price target on shares of Saputo from C$36.00 to C$35.00 and set an “outperform” rating on the stock in a report on Monday, August 12th. CIBC reduced their price objective on shares of Saputo from C$37.00 to C$35.00 and set an “outperform” rating for the company in a research note on Monday, August 12th. Desjardins set a C$34.00 target price on shares of Saputo in a research note on Monday. Finally, TD Securities cut their price target on shares of Saputo from C$38.00 to C$37.00 in a report on Monday. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Saputo presently has an average rating of “Moderate Buy” and a consensus target price of C$34.50.
Saputo Stock Down 0.2 %
Shares of TSE SAP opened at C$26.17 on Wednesday. Saputo has a 12-month low of C$25.28 and a 12-month high of C$32.15. The stock’s fifty day simple moving average is C$28.39 and its two-hundred day simple moving average is C$29.06. The stock has a market capitalization of C$11.11 billion, a PE ratio of 41.54, a price-to-earnings-growth ratio of 0.56 and a beta of 0.32. The company has a current ratio of 1.59, a quick ratio of 0.67 and a debt-to-equity ratio of 53.17.
Saputo Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 10th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.90%. The ex-dividend date is Tuesday, December 10th. Saputo’s payout ratio is 120.63%.
Insiders Place Their Bets
In related news, Senior Officer Martin Gagnon purchased 2,000 shares of Saputo stock in a transaction that occurred on Tuesday, August 20th. The stock was bought at an average cost of C$29.73 per share, for a total transaction of C$59,450.00. 40.45% of the stock is owned by 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.
Read More
- Five stocks we like better than Saputo
- Best Stocks Under $10.00
- Top 3 Hotel Stocks to Watch: A Buy, Hold, and Trade Opportunity
- Why Invest in High-Yield Dividend Stocks?
- Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
- When to Sell a Stock for Profit or Loss
- Is Tesla’s Valuation a Bubble or Backed by Real Growth?
Receive News & Ratings for Saputo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo and related companies with MarketBeat.com's FREE daily email newsletter.