Savaria Co. (TSE:SIS) – National Bank Financial raised their FY2019 earnings estimates for shares of Savaria in a report issued on Tuesday. National Bank Financial analyst L. Aghazarian now forecasts that the company will earn $0.68 per share for the year, up from their prior estimate of $0.65. National Bank Financial currently has a “Outperform” rating and a $18.50 price objective on the stock.

Other analysts also recently issued reports about the company. Desjardins upped their target price on Savaria from C$17.50 to C$18.50 in a research report on Thursday. Laurentian cut their target price on Savaria from C$18.50 to C$17.50 in a research report on Friday, August 11th.

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Savaria (SIS) traded down C$0.14 during trading hours on Friday, hitting C$16.68. The stock had a trading volume of 90,284 shares, compared to its average volume of 104,523. Savaria has a 1 year low of C$9.85 and a 1 year high of C$17.55.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Thursday, November 2nd were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, November 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.72%. Savaria’s dividend payout ratio is currently 80.56%.

About Savaria

Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.

Earnings History and Estimates for Savaria (TSE:SIS)

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