Savaria Co. (TSE:SIS) Receives C$25.50 Consensus Price Target from Brokerages

Savaria Co. (TSE:SIS) has received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$25.50.

Several analysts recently issued reports on SIS shares. National Bankshares increased their price target on shares of Savaria from C$22.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Cormark lowered shares of Savaria from a “buy” rating to a “market perform” rating in a research report on Monday, November 11th.

Insider Activity

In other news, Senior Officer Jean-Philippe De Montigny bought 19,545 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of C$22.96 per share, with a total value of C$448,753.20. Insiders own 17.45% of the company’s stock.

Savaria Stock Performance

Shares of TSE:SIS opened at C$19.75 on Friday. The company’s 50 day moving average price is C$20.50 and its two-hundred day moving average price is C$20.68. Savaria has a 12-month low of C$15.52 and a 12-month high of C$23.92. The firm has a market cap of C$1.40 billion, a PE ratio of 30.38, 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 (TSE:SIS) last announced its earnings results on Wednesday, November 6th. The company reported C$0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.23 by C$0.01. Savaria had a net margin of 5.25% and a return on equity of 8.95%. During the same quarter last year, the firm posted $0.18 EPS. Equities research analysts predict that Savaria will post 1.2048518 earnings per share for the current year.

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.