Diane Nyisztor Purchases 1,000 Shares of Saputo Inc. (SAP) Stock

Saputo Inc. (TSE:SAP) Director Diane Nyisztor purchased 1,000 shares of the stock in a transaction on Wednesday, June 14th. The shares were purchased at an average price of C$41.93 per share, with a total value of C$41,930.00.

Saputo Inc. (TSE SAP) traded down 0.40% on Friday, reaching $41.90. 2,554,322 shares of the company’s stock traded hands. The stock has a 50-day moving average of $43.92 and a 200 day moving average of $45.63. The firm has a market capitalization of $16.18 billion and a P/E ratio of 22.77. Saputo Inc. has a 52 week low of $36.40 and a 52 week high of $48.98.

Saputo (TSE:SAP) last released its quarterly earnings results on Thursday, June 1st. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by $0.06. The firm had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.92 billion. On average, equities analysts expect that Saputo Inc. will post $2.04 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Saputo (TSE:SAP)

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 27th. Stockholders of record on Tuesday, June 27th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Tuesday, June 13th.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by sleekmoney and is owned by of sleekmoney. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright laws. The original version of this piece of content can be read at https://sleekmoney.com/diane-nyisztor-purchases-1000-shares-of-saputo-inc-sap-stock/1916140.html.

Several research analysts have commented on SAP shares. Royal Bank of Canada reiterated a “sector perform” rating and set a C$50.00 price target on shares of Saputo in a report on Tuesday, April 11th. BMO Capital Markets reiterated a “market perform” rating and set a C$48.00 price target on shares of Saputo in a report on Thursday, April 13th. Desjardins upgraded shares of Saputo from a “hold” rating to a “buy” rating and set a C$47.00 price target for the company in a report on Friday, June 2nd. CIBC lowered their price target on shares of Saputo from C$54.00 to C$51.00 in a report on Friday, June 2nd. Finally, TD Securities lowered their price target on shares of Saputo from C$49.00 to C$48.00 and set a “hold” rating for the company in a report on Friday, June 2nd. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of C$48.86.

Saputo Company Profile

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).

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/diane-nyisztor-purchases-1000-shares-of-saputo-inc-sap-stock/1916140.html

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

 

Leave a Reply

Your email address will not be published. Required fields are marked *