Wait till their earnings catch up to their price

Restaurant Brands and Saputo have fuelled their recent growth with acquisitions. Both companies have a strong history of absorbing new businesses that improve their profitability. Those track records cut their risk of growing by acquisition. However, currently, both stocks seem expensive in relation to their… Read More

Saputo expands down under

SAPUTO INC. $43 (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 386.7 million; Market cap: $16.6 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S., Australia and Argentina.

The… Read More

New markets to enrich these food producers

Saputo and Maple Leaf Foods continue to rely on acquisitions to expand. While those moves expand their product lines, continually integrating new operations adds risk.

SAPUTO INC. $43 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 386.7 million; Market cap: $16.6 billion; Price-to-sales… Read More

Food producers ready for NAFTA changes

As part of the recent negotiations to update the North American Free Trade Agreement (NAFTA), the U.S. has demanded that Canada dismantle its supply management systems.

That would open up the domestic dairy and poultry industries to cheaper foreign imports. However, it’s unlikely the Canadian government… Read More

Saputo diversifies its product line

SAPUTO INC. $43 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 386.2 million; Market cap: $16.6 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products, including milk, butter and cheese. It also operates dairies… Read More

Dividend increase: Saputo

SAPUTO INC. $43 (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 386.2 million; Market cap: $16.6 billion; Divd. yield: 1.5%; Dividend Sustainability Rating: Above Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S., Australia and Argentina.

The… Read More

Saputo sees opportunity overseas

SAPUTO INC. $40 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 386.4 million; Market cap: $15.5 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products, including milk, butter and cheese. It also operates dairies… Read More