Largest in Canada, #3 in the US, #10 globally. Likes that Saputo family is largest shareholder. Busy making acquisitions. Historically, profitable with good ROEs. Some lesser profitable acquisitions have increased sales, but not net income as much. Synergies will eventually improve the bottom line.
Consumer products strong - will expect trend to continue.
Excellent Canadian brand that will continue to own.
Strong dividend yield.
Good long term investment.
Inflation has pushed input costs. $34 is support, and has been trending up in the past month. Now, is a good time to enter this. But there'll be overhead resistance from existing shareholders waiting to sell to break even.
Founder led business that has grown massively.
Cheese business growing strongly.
Unsure on future of dairy products.
Good long term hold (5-10 years).
Consumer staple style business.
Saputo Inc. is a Canadian stock, trading under the symbol SAP-T on the Toronto Stock Exchange (SAP-CT). It is usually referred to as TSX:SAP or SAP-T
In the last year, 12 stock analysts published opinions about SAP-T. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Saputo Inc..
Saputo Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Saputo Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
12 stock analysts on Stockchase covered Saputo Inc. In the last year. It is a trending stock that is worth watching.
On 2023-06-08, Saputo Inc. (SAP-T) stock closed at a price of $34.82.
Bit of noise from 2021 that it did bump into. Will probably consolidate for a bit. He's always looking for breakouts, so would be good if it broke above high $30s. Rates an OK 6/10, but not a jump-on-it stock.