Sienna Senior Living (TSE:SIA) Sets New 1-Year High – Should You Buy?

Sienna Senior Living Inc. (TSE:SIA) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$22.48 and last traded at C$22.03, with a volume of 390381 shares trading hands. The stock had previously closed at C$22.14.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SIA shares. Canaccord Genuity Group set a C$24.50 price target on Sienna Senior Living and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada boosted their target price on Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research report on Monday, November 24th. Desjardins increased their price target on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Scotiabank lifted their price target on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. Finally, Canadian Imperial Bank of Commerce raised shares of Sienna Senior Living from a “hold” rating to an “outperform” rating and upped their price objective for the company from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Sienna Senior Living has an average rating of “Buy” and an average target price of C$22.67.

Sienna Senior Living Stock Up 1.0%

The stock has a market cap of C$2.12 billion, a P/E ratio of 51.30 and a beta of 0.91. The company has a quick ratio of 0.23, a current ratio of 0.43 and a debt-to-equity ratio of 215.47. The company has a 50-day simple moving average of C$21.14 and a two-hundred day simple moving average of C$19.62.

Sienna Senior Living (TSE:SIA) last issued its earnings results on Thursday, November 13th. The company reported C$0.30 EPS for the quarter. The company had revenue of C$261.70 million for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. On average, equities analysts forecast that Sienna Senior Living Inc. will post 0.4595351 EPS for the current year.

About Sienna Senior Living

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.