National Bank Financial Expects Higher Earnings for Saputo

Key Points

• National Bank Financial raised its Q1 2027 earnings per share estimate for Saputo Inc. from $0.50 to $0.52, with a full-year estimate now at $1.77 per share.
• Multiple analysts, including BMO Capital Markets and Scotiabank, have increased their price targets for Saputo, with the average target now at C$34.63.
• Saputo recently announced a quarterly dividend of $0.19 per share, representing an annualized yield of 2.4%, despite a negative dividend payout ratio.

Saputo Inc. (TSE:SAP - Free Report) - Equities research analysts at National Bank Financial upped their Q1 2027 earnings per share estimates for shares of Saputo in a research report issued on Sunday, August 10th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $0.52 for the quarter, up from their prior estimate of $0.50. The consensus estimate for Saputo's current full-year earnings is $1.77 per share. National Bank Financial also issued estimates for Saputo's Q2 2027 earnings at $0.52 EPS, Q4 2027 earnings at $0.55 EPS and FY2027 earnings at $2.16 EPS.

A number of other equities analysts have also issued reports on the company. National Bankshares increased their price target on Saputo from C$29.00 to C$35.00 and gave the company an "outperform" rating in a research note on Monday. BMO Capital Markets increased their price target on Saputo from C$27.00 to C$34.00 in a research note on Monday. Desjardins increased their price target on Saputo from C$31.00 to C$36.00 and gave the company a "buy" rating in a research note on Monday. TD Securities increased their price target on Saputo from C$35.00 to C$38.00 and gave the company a "buy" rating in a research note on Monday. Finally, Scotiabank increased their price objective on Saputo from C$29.00 to C$36.00 and gave the company an "outperform" rating in a research report on Monday. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$34.63.

Saputo Stock Performance

Shares of TSE SAP opened at C$32.07 on Tuesday. The stock has a fifty day moving average price of C$27.87 and a two-hundred day moving average price of C$26.23. The company has a debt-to-equity ratio of 51.68, a quick ratio of 0.67 and a current ratio of 1.53. The firm has a market cap of C$13.52 billion, a P/E ratio of -85.86, a PEG ratio of 0.56 and a beta of 0.32. Saputo has a 1 year low of C$22.59 and a 1 year high of C$32.91.

Saputo Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 26th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Tuesday, June 17th. Saputo's dividend payout ratio is -203.48%.

Saputo Company Profile

Saputo is a global dairy processor domiciled in Canada (28% of fiscal 2022 sales) with operations in the United States (43%), the U.K. (6%), and other international markets (23%). It sells cheese, cream, fluid milk, and other dairy products. In the retail segment (50% of revenue), its mix of brands include Saputo, Armstrong, Cheer, Cathedral City, and Frylight.

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