Saputo Inc. (TSE:SAP – Get Free Report) Senior Officer Carl Colizza bought 6,800 shares of Saputo stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average cost of C$29.43 per share, for a total transaction of C$200,124.00.
Saputo Stock Performance
TSE SAP traded up C$0.07 during trading hours on Tuesday, reaching C$29.47. The company’s stock had a trading volume of 71,595 shares, compared to its average volume of 414,375. The business has a 50-day simple moving average of C$30.61 and a 200 day simple moving average of C$28.32. Saputo Inc. has a 52 week low of C$25.28 and a 52 week high of C$32.15. The stock has a market cap of C$12.51 billion, a PE ratio of 37.83, a PEG ratio of 0.21 and a beta of 0.32. The company has a current ratio of 1.55, a quick ratio of 0.67 and a debt-to-equity ratio of 58.27.
Saputo (TSE:SAP – Get Free Report) last posted its quarterly earnings data on Thursday, June 6th. The company reported C$0.37 EPS for the quarter, hitting analysts’ consensus estimates of C$0.37. The firm had revenue of C$4.55 billion during the quarter, compared to analyst estimates of C$4.25 billion. Saputo had a net margin of 1.92% and a return on equity of 4.76%. Equities research analysts predict that Saputo Inc. will post 1.915804 earnings per share for the current fiscal year.
Saputo Increases Dividend
Wall Street Analyst Weigh In
SAP has been the topic of a number of recent research reports. Royal Bank of Canada upped their target price on Saputo from C$36.00 to C$39.00 and gave the company an “outperform” rating in a research note on Tuesday, June 4th. TD Securities increased their price target on shares of Saputo from C$36.00 to C$37.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. National Bankshares reduced their price target on shares of Saputo from C$36.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Monday. CIBC reduced their price target on shares of Saputo from C$37.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, BMO Capital Markets increased their price target on shares of Saputo from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Monday, June 10th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$35.50.
Check Out Our Latest Analysis on Saputo
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.
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