Equities Analysts Offer Predictions for Saputo Q3 Earnings

Saputo Inc. (TSE:SAP) – Equities researchers at Desjardins increased their Q3 2026 earnings estimates for shares of Saputo in a research note issued on Sunday, November 9th. Desjardins analyst C. Li now anticipates that the company will earn $0.55 per share for the quarter, up from their prior forecast of $0.53. Desjardins has a “Buy” rating and a $36.00 price objective on the stock. The consensus estimate for Saputo’s current full-year earnings is $1.77 per share.

A number of other equities analysts also recently issued reports on SAP. National Bankshares increased their price target on Saputo from C$36.00 to C$38.00 in a research report on Monday. TD Securities increased their target price on shares of Saputo from C$38.00 to C$44.00 in a report on Monday. Jefferies Financial Group raised their target price on shares of Saputo from C$38.00 to C$40.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Scotiabank upped their price target on shares of Saputo from C$36.00 to C$37.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Finally, CIBC increased their price objective on shares of Saputo from C$36.00 to C$40.00 in a research note on Monday. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$38.63.

Saputo Stock Up 0.6%

Shares of TSE:SAP opened at C$36.92 on Wednesday. The business’s 50 day moving average is C$34.01 and its 200 day moving average is C$30.37. The stock has a market cap of C$15.14 billion, a P/E ratio of -108.59, a price-to-earnings-growth ratio of 0.56 and a beta of 0.07. Saputo has a 52-week low of C$22.59 and a 52-week high of C$37.18. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 51.68.

Saputo Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, September 12th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 2.2%. This is an increase from Saputo’s previous quarterly dividend of $0.19. Saputo’s payout ratio is presently -223.53%.

Insiders Place Their Bets

In other Saputo news, insider Leanne Cutts acquired 4,000 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were acquired at an average cost of C$32.93 per share, with a total value of C$131,720.00. Following the acquisition, the insider directly owned 23,500 shares of the company’s stock, valued at approximately C$773,855. The trade was a 20.51% increase in their ownership of the stock. Company insiders own 40.45% of the company’s stock.

About Saputo

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.