Media stories about Saputo (TSE:SAP) have trended neutral recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Saputo earned a media sentiment score of 0.15 on their scale. InfoTrie also gave headlines about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Saputo’s analysis:
SAP stock traded down C$0.14 during midday trading on Friday, reaching C$38.53. The company’s stock had a trading volume of 378,700 shares, compared to its average volume of 469,104. Saputo has a 52 week low of C$35.56 and a 52 week high of C$46.41. The stock has a market cap of $15.71 billion and a PE ratio of 20.08. The company has a quick ratio of 0.55, a current ratio of 1.29 and a debt-to-equity ratio of 91.33. The business’s 50-day simple moving average is C$39.98 and its 200-day simple moving average is C$42.04.
Saputo (TSE:SAP) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$0.42 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.01). The firm had revenue of C$3.67 billion for the quarter, compared to the consensus estimate of C$3.61 billion. As a group, equities analysts forecast that Saputo will post 1.9800001 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, September 13th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.76%. This is a boost from Saputo’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Friday, August 30th. Saputo’s dividend payout ratio (DPR) is currently 35.44%.
A number of equities analysts have issued reports on the stock. Royal Bank of Canada reduced their price objective on shares of Saputo from C$50.00 to C$49.00 and set an “outperform” rating on the stock in a research note on Thursday, September 12th. National Bank Financial reaffirmed a “sector perform” rating and issued a C$43.00 price objective on shares of Saputo in a research note on Thursday, September 12th. TD Securities raised their price objective on shares of Saputo from C$41.00 to C$45.00 and gave the company a “hold” rating in a research note on Friday, August 9th. Finally, Desjardins reaffirmed a “hold” rating on shares of Saputo in a research note on Wednesday, September 11th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Saputo has a consensus rating of “Hold” and an average target price of C$45.33.
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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