Weekly Research Analysts’ Ratings Updates for Saputo (SAP)

Several analysts have recently updated their ratings and price targets for Saputo (TSE: SAP):

  • 2/2/2018 – Saputo had its price target lowered by analysts at BMO Capital Markets from C$47.00 to C$44.00. They now have a “market perform” rating on the stock.
  • 2/2/2018 – Saputo had its price target lowered by analysts at TD Securities from C$52.00 to C$50.00. They now have a “buy” rating on the stock.
  • 2/2/2018 – Saputo had its price target lowered by analysts at CIBC from C$52.00 to C$51.00. They now have an “outperform” rating on the stock.
  • 2/2/2018 – Saputo had its price target lowered by analysts at National Bank Financial from C$49.00 to C$46.00. They now have a “sector perform” rating on the stock.
  • 2/2/2018 – Saputo had its price target lowered by analysts at Royal Bank of Canada from C$49.00 to C$48.00.
  • 1/3/2018 – Saputo was given a new C$52.00 price target on by analysts at TD Securities. They now have a “buy” rating on the stock.
  • 12/28/2017 – Saputo was upgraded by analysts at Desjardins from a “hold” rating to a “buy” rating.

Saputo Inc. (TSE SAP) traded up C$0.35 during midday trading on Monday, reaching C$40.45. 122,713 shares of the company’s stock traded hands, compared to its average volume of 425,769. Saputo Inc. has a 1 year low of C$39.67 and a 1 year high of C$47.59. The company has a market cap of $15,520.00, a PE ratio of 17.90 and a beta of -0.03.

Saputo (TSE:SAP) last posted its earnings results on Thursday, February 1st. The company reported C$0.47 EPS for the quarter, missing the consensus estimate of C$0.51 by C($0.04). Saputo had a return on equity of 17.20% and a net margin of 6.42%. The firm had revenue of C$3.02 billion during the quarter, compared to the consensus estimate of C$2.93 billion.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Tuesday, March 6th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Monday, March 5th. Saputo’s dividend payout ratio (DPR) is presently 27.43%.

Saputo Inc produces, markets and distributes dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. The Company has three geographic sectors. The Canada Sector consists of Dairy Division (Canada). The USA Sector aggregates the Cheese Division (USA) and the Dairy Foods Division (USA).

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