Savaria Co. (SIS.TO) – What Are Researchers Thinking About This Stock?

Savaria Co. (TSE:SIS) has been given a consensus recommendation of “Buy” by the ten ratings firms that are covering the firm, Marketbeat reports. Nine analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$34.35.

A number of research analysts recently issued reports on the stock. TD Securities raised shares of Savaria to a “strong-buy” rating in a research note on Friday, July 24th. ATB Cormark Capital Markets upped their target price on Savaria from C$35.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Ventum Financial set a C$34.50 target price on Savaria and gave the stock a “buy” rating in a research note on Thursday, September 10th. TD raised their target price on Savaria from C$35.00 to C$37.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Desjardins lifted their price target on Savaria from C$36.00 to C$39.00 and gave the company a “buy” rating in a research note on Friday, August 7th.

Insider Buying and Selling

In other Savaria news, Director Les Teague sold 5,000 shares of Savaria stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of C$29.52, for a total value of C$147,600.00. Also, insider Jean-Philippe De Montigny sold 10,000 shares of the business’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of C$29.21, for a total value of C$292,100.00. Following the transaction, the insider directly owned 82,560 shares of the company’s stock, valued at approximately C$2,411,577.60. The trade was a 10.80% decrease in their position. Insiders sold a total of 74,511 shares of company stock worth $2,239,313 in the last ninety days. 17.45% of the stock is owned by insiders.

Savaria Trading Up 0.2%

SIS opened at C$29.56 on Tuesday. Savaria has a twelve month low of C$20.72 and a twelve month high of C$31.95. The company has a 50-day simple moving average of C$28.87 and a 200 day simple moving average of C$29.16. The company has a quick ratio of 0.91, a current ratio of 1.72 and a debt-to-equity ratio of 29.43. The stock has a market capitalization of C$2.13 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 42.72 and a beta of 0.80.

Savaria (TSE:SIS) last released its earnings results on Wednesday, August 5th. The company reported C$0.35 EPS for the quarter. Savaria had a net margin of 9.27% and a return on equity of 13.41%. The firm had revenue of C$245.78 million for the quarter. Analysts predict that Savaria will post 1.20 EPS for the current fiscal year.

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.