Savaria (TSE:SIS) Stock Price Up 4.9% – What’s Next?

Shares of Savaria Co. (TSE:SIS) traded up 4.9% during trading on Thursday . The company traded as high as C$25.62 and last traded at C$25.52. 165,823 shares traded hands during trading, an increase of 6% from the average session volume of 156,380 shares. The stock had previously closed at C$24.32.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Scotiabank boosted their price target on shares of Savaria from C$25.00 to C$26.00 in a research note on Monday, November 10th. National Bank Financial raised their price objective on shares of Savaria from C$26.00 to C$30.00 in a report on Monday, December 22nd. TD Securities increased their price target on shares of Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Stifel Nicolaus boosted their target price on Savaria from C$26.00 to C$28.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$26.67.

Savaria Stock Performance

The company has a current ratio of 1.84, a quick ratio of 0.91 and a debt-to-equity ratio of 40.69. The stock’s 50 day moving average price is C$24.53 and its two-hundred day moving average price is C$22.47. The firm has a market capitalization of C$1.85 billion, a PE ratio of 29.78, a PEG ratio of 42.72 and a beta of 1.04.

Savaria (TSE:SIS) last released its quarterly earnings results on Wednesday, March 4th. The company reported C$0.37 earnings per share for the quarter. Savaria had a return on equity of 10.24% and a net margin of 6.90%.The company had revenue of C$241.78 million during the quarter. On average, equities analysts expect that Savaria Co. will post 1.2048518 earnings per share for the current year.

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.