Savaria Co. (TSE:SIS – Free Report) – Equities research analysts at Desjardins dropped their Q3 2024 EPS estimates for shares of Savaria in a note issued to investors on Monday, October 21st. Desjardins analyst F. Tremblay now forecasts that the company will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.19. Desjardins currently has a “Buy” rating and a $26.00 target price on the stock. The consensus estimate for Savaria’s current full-year earnings is $1.20 per share. Desjardins also issued estimates for Savaria’s FY2025 earnings at $1.11 EPS.
Savaria (TSE:SIS – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported C$0.22 EPS for the quarter, beating the consensus estimate of C$0.20 by C$0.02. The company had revenue of C$221.34 million during the quarter, compared to analysts’ expectations of C$213.08 million. Savaria had a net margin of 5.25% and a return on equity of 8.95%.
View Our Latest Analysis on Savaria
Savaria Stock Performance
The firm has a 50 day moving average price of C$21.21 and a 200 day moving average price of C$19.00. The firm has a market cap of C$1.61 billion, a PE ratio of 34.91, a PEG ratio of 42.72 and a beta of 0.90. The company has a quick ratio of 0.91, a current ratio of 1.94 and a debt-to-equity ratio of 56.50. Savaria has a 12-month low of C$12.21 and a 12-month high of C$23.92.
Savaria Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st. Savaria’s payout ratio is 83.08%.
Insider Buying and Selling at Savaria
In related news, Senior Officer Sylvain Aubry sold 20,002 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$20.75, for a total transaction of C$415,041.50. In other Savaria news, Senior Officer Sylvain Aubry sold 20,002 shares of Savaria stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$20.75, for a total value of C$415,041.50. Also, Director Jean-Louis Chapdelaine sold 25,000 shares of Savaria stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of C$20.84, for a total transaction of C$521,000.00. Over the last three months, insiders have sold 50,002 shares of company stock valued at $1,046,042. Corporate insiders own 17.45% of the company’s stock.
Savaria Company Profile
Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in two segments, Accessibility and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a portfolio of accessibility products, including commercial and home elevators, stairlifts, platform lifts, and wheelchair lowered-floor accessible conversions for selected brands of minivans, personal, residential, or commercial applications.
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