Savaria Co. (TSE:SIS) Expected to Earn FY2017 Earnings of $0.44 Per Share
Savaria Co. (TSE:SIS) – Investment analysts at Cormark cut their FY2017 earnings estimates for Savaria in a report issued on Tuesday. Cormark analyst M. Macdougall now expects that the company will post earnings of $0.44 per share for the year, down from their previous forecast of $0.46.
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Shares of Savaria (TSE:SIS) traded up 1.57% on Wednesday, hitting $15.48. 76,835 shares of the stock traded hands. Savaria has a 12 month low of $8.30 and a 12 month high of $17.55. The company has a market cap of $584.94 million and a PE ratio of 43.12. The firm’s 50 day moving average is $15.92 and its 200-day moving average is $13.73.
In related news, Director Robert Berthiaume sold 5,000 shares of the stock in a transaction on Friday, June 23rd. The stock was sold at an average price of C$16.16, for a total transaction of C$80,800.00.
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.
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