Saputo Inc. to Post FY2027 Earnings of $2.28 Per Share, National Bank Financial Forecasts (TSE:SAP)

Saputo Inc. (TSE:SAP) – Equities researchers at National Bank Financial issued their FY2027 earnings estimates for shares of Saputo in a report issued 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.

Saputo (TSE:SAP) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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%.

Other analysts also recently issued research reports about the stock. CIBC lowered their target price on shares of Saputo from C$37.00 to C$35.00 and set an “outperform” rating for the company in a report on Monday, August 12th. National Bankshares decreased their price objective 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. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$35.50.

Saputo Price Performance

Shares of TSE SAP opened at C$28.70 on Monday. The stock has a market cap of C$12.18 billion, a price-to-earnings ratio of 45.13, a PEG ratio of 0.21 and a beta of 0.32. 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 fifty-two week low of C$25.28 and a fifty-two week high of C$32.15. The firm’s 50-day simple moving average is C$29.88 and its 200 day simple moving average is C$28.88.

Saputo Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 20th. Investors of record on Friday, September 20th were given a dividend of $0.19 per share. The ex-dividend date was Tuesday, September 10th. This represents a $0.76 annualized dividend and a yield of 2.65%. This is a positive change from Saputo’s previous quarterly dividend of $0.19. Saputo’s dividend payout ratio is presently 120.63%.

Insider Buying and Selling

In related news, Senior Officer Carl Colizza bought 6,800 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of C$29.43 per share, for a total transaction of C$200,124.00. In other news, Senior Officer Martin Gagnon acquired 2,000 shares of the firm’s stock in a transaction that occurred on 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. Also, Senior Officer Carl Colizza acquired 6,800 shares of the stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of C$29.43 per share, for a total transaction of C$200,124.00. 42.57% of the stock is currently owned by corporate insiders.

Saputo Company Profile

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.