Saputo - SAP Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Saputo in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SAP shares.
View SAP analyst ratings or view top-rated stocks.

5 equities research analysts have issued twelve-month price objectives for Saputo's shares. Their SAP share price forecasts range from C$39.00 to C$46.00. On average, they expect the company's share price to reach C$43.17 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price.
View analysts price targets for SAP or view top-rated stocks among Wall Street analysts.

Saputo's stock was trading at C$33.52 at the beginning of the year. Since then, SAP shares have increased by 4.3% and is now trading at C$34.97.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023.
View our SAP earnings forecast.

Saputo Inc. (TSE:SAP) announced its earnings results on Thursday, June, 1st. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by $0.06. The business earned $2.72 billion during the quarter, compared to the consensus estimate of $2.92 billion. Saputo had a net margin of 2.89% and a trailing twelve-month return on equity of 7.30%.

Saputo declared a quarterly dividend on Monday, March 6th. Investors of record on Tuesday, March 7th will be paid a dividend of 0.18 per share on Friday, March 17th. This represents a $0.72 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Monday, March 6th.
Read our dividend analysis for SAP.

Saputo (TSE:SAP) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 2.15%. The dividend payout ratio is 59.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SAP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Saputo investors own include BlackBerry (BB), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), BlackBerry (BB), Air Canada (AC), Loblaw Companies (L), National Bank of Canada (NA), Alimentation Couche-Tard (ATD.B), BCE (BCE) and Bank of Nova Scotia (BNS).

Saputo trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SAP."

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One share of SAP stock can currently be purchased for approximately C$34.97.

Saputo (TSE:SAP) has a market capitalization of C$14.68 billion and generates C$17.33 billion in revenue each year. The company earns C$500 million in net income (profit) each year or C$1.21 on an earnings per share basis.

The company employs 17,300 workers across the globe.

Saputo's mailing address is 6869 Metropolitain Blvd E, ST-LEONARD, QC H1P 1X8, Canada. The official website for the company is www.saputo.com. The company can be reached via phone at +1-514-3286662.