Savaria (TSE:SIS) Director Peter Allen Drutz Sells 9,736 Shares

Savaria Co. (TSE:SIS) Director Peter Allen Drutz sold 9,736 shares of Savaria stock in a transaction that occurred on Saturday, June 6th. The stock was sold at an average price of C$29.00, for a total value of C$282,344.00. Following the completion of the transaction, the director owned 95,251 shares of the company’s stock, valued at approximately C$2,762,279. This trade represents a 9.27% decrease in their position.

Peter Allen Drutz also recently made the following trade(s):

• On Wednesday, May 13th, Peter Allen Drutz sold 15,264 shares of Savaria stock. The stock was sold at an average price of C$27.48, for a total value of C$419,454.72.

Savaria Price Performance

Shares of Savaria stock opened at C$29.11 on Monday. The stock has a market cap of C$2.09 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 42.72 and a beta of 1.06. The company has a debt-to-equity ratio of 31.42, a quick ratio of 0.91 and a current ratio of 1.71. The stock has a 50 day moving average price of C$28.49 and a 200-day moving average price of C$25.50. Savaria Co. has a one year low of C$18.71 and a one year high of C$30.62.

Savaria (TSE:SIS) last announced its earnings results on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. The firm had revenue of C$235.55 million during the quarter. Savaria had a return on equity of 12.41% and a net margin of 8.50%. Equities analysts expect that Savaria Co. will post 1.2048518 EPS for the current year.

Analyst Ratings Changes

SIS has been the subject of a number of recent analyst reports. Desjardins boosted their price objective on Savaria from C$32.00 to C$35.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Stifel Nicolaus boosted their price objective on Savaria from C$29.00 to C$31.00 and gave the company a “buy” rating in a report on Wednesday, April 8th. TD boosted their price objective on Savaria from C$31.00 to C$35.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Scotia boosted their price objective on Savaria from C$30.00 to C$33.00 and gave the company a “sector outperform” rating in a report on Thursday, April 16th. Finally, ATB Cormark Capital Markets boosted their price objective on Savaria from C$32.00 to C$35.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Nine analysts have rated the stock with a Buy rating, According to MarketBeat.com, Savaria presently has a consensus rating of “Buy” and a consensus target price of C$33.33.

About Savaria

Savaria Corporation ( savaria.com ) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings.