Insider Selling: Savaria (TSE:SIS) Director Sells C$144,600.00 in Stock

Savaria Co. (TSE:SIS) Director Les Teague sold 5,000 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of C$28.92, for a total value of C$144,600.00.

Savaria Stock Performance

Shares of SIS opened at C$29.64 on Thursday. The firm has a market cap of C$2.13 billion, a PE ratio of 26.95, a PEG ratio of 42.72 and a beta of 1.06. The stock’s fifty day moving average price is C$28.91 and its two-hundred day moving average price is C$26.48. The company has a debt-to-equity ratio of 31.42, a current ratio of 1.71 and a quick ratio of 0.91. Savaria Co. has a 1 year low of C$19.25 and a 1 year high of C$30.62.

Savaria (TSE:SIS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. Savaria had a return on equity of 12.41% and a net margin of 8.50%.The firm had revenue of C$235.54 million for the quarter. On average, equities research analysts forecast that Savaria Co. will post 1.2048518 EPS for the current year.

Wall Street Analysts Forecast Growth

SIS has been the subject of a number of research reports. Stifel Nicolaus increased their target price on shares of Savaria from C$29.00 to C$31.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. Scotiabank upped their price target on shares of Savaria from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. TD Securities raised their price objective on shares of Savaria from C$27.00 to C$31.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Desjardins lifted their price objective on shares of Savaria from C$32.00 to C$35.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Finally, ATB Cormark Capital Markets boosted their target price on shares of Savaria from C$32.00 to C$35.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock 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.