Savaria (TSE:SIS) Director Sells C$693,250.00 in Stock

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

Savaria Stock Performance

TSE:SIS traded up C$0.39 on Friday, hitting C$27.99. The company’s stock had a trading volume of 97,493 shares, compared to its average volume of 183,023. The company has a current ratio of 1.71, a quick ratio of 0.91 and a debt-to-equity ratio of 31.42. The stock has a fifty day moving average of C$27.61 and a two-hundred day moving average of C$24.80. The firm has a market capitalization of C$2.01 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 42.72 and a beta of 0.97. Savaria Co. has a one year low of C$18.71 and a one year high of C$30.62.

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

Analyst Ratings Changes

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