Brokers Offer Predictions for Saputo Inc.’s Q1 2020 Earnings (TSE:SAP)

Saputo Inc. (TSE:SAP) – Stock analysts at National Bank Financial cut their Q1 2020 EPS estimates for Saputo in a research note issued to investors on Sunday, June 9th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $0.44 per share for the quarter, down from their previous forecast of $0.56. National Bank Financial has a “Sector Perform” rating and a $43.00 price target on the stock. National Bank Financial also issued estimates for Saputo’s Q2 2020 earnings at $0.41 EPS, Q1 2021 earnings at $0.56 EPS, Q2 2021 earnings at $0.52 EPS, Q3 2021 earnings at $0.64 EPS and Q4 2021 earnings at $0.52 EPS.

SAP has been the subject of a number of other reports. TD Securities boosted their target price on shares of Saputo from C$43.00 to C$45.00 and gave the company a “hold” rating in a research report on Monday, February 25th. BMO Capital Markets boosted their target price on shares of Saputo from C$43.00 to C$44.00 in a research report on Monday, February 25th. CIBC upped their price objective on shares of Saputo from C$44.00 to C$47.00 in a research report on Monday, February 25th. Desjardins upped their price objective on shares of Saputo from C$44.00 to C$47.00 and gave the stock a “buy” rating in a research report on Monday, February 25th. Finally, Royal Bank of Canada decreased their price objective on shares of Saputo from C$52.00 to C$50.00 and set an “outperform” rating for the company in a research report on Friday, June 7th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Saputo has an average rating of “Hold” and an average price target of C$44.83.

TSE SAP opened at C$39.68 on Tuesday. The firm has a market cap of $15.56 billion and a P/E ratio of 20.45. Saputo has a 1 year low of C$35.56 and a 1 year high of C$46.41. The company has a debt-to-equity ratio of 45.98, a current ratio of 1.60 and a quick ratio of 0.71.

Saputo Company Profile

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and internationally. It offers cheese products, including mozzarella and cheddar; specialty cheese, such as ricotta, provolone, parmesan, goat cheese, feta, and havarti; fine cheese, such as brie and camembert; other cheese, including brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheese; and butter.

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Earnings History and Estimates for Saputo (TSE:SAP)

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Brokers Offer Predictions for Saputo Inc.’s Q1 2020 Earnings (TSE:SAP)

Saputo Inc. (TSE:SAP) – Stock analysts at National Bank Financial cut their Q1 2020 EPS estimates for Saputo in a research note issued to investors on Sunday, June 9th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $0.44 per share for the quarter, down from their previous forecast of $0.56. National Bank Financial has a “Sector Perform” rating and a $43.00 price target on the stock. National Bank Financial also issued estimates for Saputo’s Q2 2020 earnings at $0.41 EPS, Q1 2021 earnings at $0.56 EPS, Q2 2021 earnings at $0.52 EPS, Q3 2021 earnings at $0.64 EPS and Q4 2021 earnings at $0.52 EPS.

SAP has been the subject of a number of other reports. TD Securities boosted their target price on shares of Saputo from C$43.00 to C$45.00 and gave the company a “hold” rating in a research report on Monday, February 25th. BMO Capital Markets boosted their target price on shares of Saputo from C$43.00 to C$44.00 in a research report on Monday, February 25th. CIBC upped their price objective on shares of Saputo from C$44.00 to C$47.00 in a research report on Monday, February 25th. Desjardins upped their price objective on shares of Saputo from C$44.00 to C$47.00 and gave the stock a “buy” rating in a research report on Monday, February 25th. Finally, Royal Bank of Canada decreased their price objective on shares of Saputo from C$52.00 to C$50.00 and set an “outperform” rating for the company in a research report on Friday, June 7th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Saputo has an average rating of “Hold” and an average price target of C$44.83.

TSE SAP opened at C$39.68 on Tuesday. The firm has a market cap of $15.56 billion and a P/E ratio of 20.45. Saputo has a 1 year low of C$35.56 and a 1 year high of C$46.41. The company has a debt-to-equity ratio of 45.98, a current ratio of 1.60 and a quick ratio of 0.71.

Saputo Company Profile

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and internationally. It offers cheese products, including mozzarella and cheddar; specialty cheese, such as ricotta, provolone, parmesan, goat cheese, feta, and havarti; fine cheese, such as brie and camembert; other cheese, including brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheese; and butter.

Featured Story: Bollinger Bands

Earnings History and Estimates for Saputo (TSE:SAP)

Receive News & Ratings for Saputo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo and related companies with MarketBeat.com's FREE daily email newsletter.



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