Savaria (TSE:SIS) Director Peter Allen Drutz Sells 15,264 Shares

Savaria Co. (TSE:SIS) Director Peter Allen Drutz sold 15,264 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of C$27.48, for a total value of C$419,454.72. Following the completion of the sale, the director owned 104,987 shares of the company’s stock, valued at approximately C$2,885,042.76. The trade was a 12.69% decrease in their ownership of the stock.

Savaria Stock Up 1.4%

Shares of TSE:SIS opened at C$27.99 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.71 and a debt-to-equity ratio of 31.42. The business has a fifty day moving average of C$27.61 and a two-hundred day moving average of C$24.80. The stock has a market cap of C$2.01 billion, a P/E ratio of 25.45, a PEG ratio of 42.72 and a beta of 0.97. Savaria Co. has a 52-week low of C$18.71 and a 52-week high of C$30.62.

Savaria (TSE:SIS) last posted its earnings results on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. Savaria had a return on equity of 12.41% and a net margin of 8.50%.The company had revenue of C$235.55 million for the quarter. On average, research analysts expect that Savaria Co. will post 1.2048518 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SIS shares. Scotiabank lifted their target price on Savaria from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. TD Securities lifted their price target on shares of Savaria from C$27.00 to C$31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Desjardins lifted their price target on shares of Savaria from C$32.00 to C$35.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Stifel Nicolaus lifted their price target on shares of Savaria from C$29.00 to C$31.00 and gave the company a “buy” rating in a research report on Wednesday, April 8th. Finally, Scotia lifted their price target on shares of Savaria from C$30.00 to C$33.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 16th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price 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.