National Bank Financial Analysts Lower Earnings Estimates for Savaria Co. (SIS)
Savaria Co. (TSE:SIS) – Stock analysts at National Bank Financial reduced their FY2017 earnings per share estimates for shares of Savaria in a report issued on Wednesday. National Bank Financial analyst L. Aghazarian now anticipates that the company will post earnings of $0.38 per share for the year, down from their previous estimate of $0.42. National Bank Financial also issued estimates for Savaria’s Q4 2017 earnings at $0.11 EPS and FY2018 earnings at $0.52 EPS.
SIS has been the subject of several other research reports. Desjardins reiterated a “buy” rating and issued a C$16.50 price objective on shares of Savaria in a research note on Wednesday, October 18th. Laurentian dropped their price objective on shares of Savaria from C$18.50 to C$17.50 in a research note on Friday, August 11th.
ILLEGAL ACTIVITY NOTICE: This report was posted by Watch List News and is the property of of Watch List News. If you are reading this report on another publication, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this report can be viewed at https://www.watchlistnews.com/national-bank-financial-analysts-lower-earnings-estimates-for-savaria-co-sis/1694529.html.
Shares of Savaria (TSE SIS) opened at C$15.13 on Friday. Savaria has a 12 month low of C$9.85 and a 12 month high of C$17.55.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Thursday, November 2nd will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, November 1st. Savaria’s dividend payout ratio is currently 70.00%.
Savaria Company Profile
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.
Receive News & Ratings for Savaria Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Savaria Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.