Savaria (TSE:SIS) Director Jean-Louis Chapdelaine Sells 25,000 Shares

Savaria Co. (TSE:SIS) Director Jean-Louis Chapdelaine sold 25,000 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$27.73, for a total transaction of C$693,250.00. Following the sale, the director owned 100,000 shares of the company’s stock, valued at approximately C$2,773,000. This represents a 20.00% decrease in their ownership of the stock.

Savaria Trading Up 1.4%

Shares of Savaria stock traded up C$0.39 during trading on Friday, reaching C$27.99. 97,493 shares of the stock were exchanged, compared to its average volume of 183,023. The company has a quick ratio of 0.91, a current ratio of 1.71 and a debt-to-equity ratio of 31.42. Savaria Co. has a 1 year low of C$18.71 and a 1 year high of C$30.62. The stock’s fifty day moving average is C$27.61 and its 200 day moving average is C$24.80. The firm has a market cap of C$2.01 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 42.72 and a beta of 0.97.

Savaria (TSE:SIS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. Savaria had a net margin of 8.50% and a return on equity of 12.41%. The business had revenue of C$235.55 million during the quarter. As a group, equities research analysts expect that Savaria Co. will post 1.2048518 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on SIS shares. National Bank Financial raised their price target on shares of Savaria from C$30.50 to C$37.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. ATB Cormark Capital Markets lifted their target price on shares of Savaria from C$32.00 to C$35.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. Raymond James Financial lifted their price target on shares of Savaria from C$32.00 to C$33.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Stifel Nicolaus boosted their target price on shares of Savaria from C$29.00 to C$31.00 and gave the stock a “buy” rating in a report on Wednesday, April 8th. Finally, Desjardins upped their price target on shares of Savaria from C$32.00 to C$35.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$33.33.

Savaria Company Profile

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.