Savaria (TSE:SIS) Director Les Teague Sells 5,000 Shares of Stock

Savaria Co. (TSE:SIS) Director Les Teague sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of C$28.92, for a total transaction of C$144,600.00.

Savaria Stock Performance

Shares of TSE SIS opened at C$29.05 on Tuesday. Savaria Co. has a 12-month low of C$19.20 and a 12-month high of C$30.62. The firm has a market capitalization of C$2.09 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 42.72 and a beta of 1.06. 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 firm has a 50 day moving average of C$28.89 and a 200 day moving average of C$26.37.

Savaria (TSE:SIS) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.31 earnings per share for the quarter. The business had revenue of C$235.54 million for the quarter. Savaria had a net margin of 8.50% and a return on equity of 12.41%. On average, research analysts anticipate that Savaria Co. will post 1.2048518 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SIS shares. Stifel Nicolaus lifted their target price on Savaria from C$29.00 to C$31.00 and gave the company a “buy” rating in a research report on Wednesday, April 8th. TD Securities upped their price target on Savaria from C$27.00 to C$31.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Scotiabank raised their price objective on Savaria from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. ATB Cormark Capital Markets lifted their price objective on Savaria from C$32.00 to C$35.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Finally, National Bank Financial boosted their price objective on Savaria from C$30.50 to C$37.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Savaria has a consensus rating of “Buy” and a consensus 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.