Savaria Co. (TSE:SIS – Free Report) – Investment analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for shares of Savaria in a research report issued on Wednesday, November 6th. National Bank Financial analyst Z. Evershed now anticipates that the company will earn $0.99 per share for the year, down from their previous forecast of $1.02. The consensus estimate for Savaria’s current full-year earnings is $1.20 per share.
A number of other analysts have also recently commented on SIS. Desjardins lifted their target price on shares of Savaria from C$25.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, September 23rd. Raymond James boosted their price objective on shares of Savaria from C$25.00 to C$27.50 and gave the company an “outperform” rating in a report on Friday, September 13th. TD Securities raised their target price on Savaria from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Scotiabank set a C$25.00 price target on Savaria and gave the company an “outperform” rating in a research note on Thursday, September 26th. Finally, National Bankshares increased their price objective on Savaria from C$22.00 to C$27.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$25.50.
Savaria Price Performance
Shares of SIS stock opened at C$21.89 on Monday. Savaria has a fifty-two week low of C$13.95 and a fifty-two week high of C$23.92. The company has a debt-to-equity ratio of 56.50, a quick ratio of 0.91 and a current ratio of 1.94. The firm has a market capitalization of C$1.56 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 42.72 and a beta of 0.90. The stock’s 50-day simple moving average is C$21.86 and its 200-day simple moving average is C$19.49.
Savaria Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.045 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.47%. Savaria’s payout ratio is currently 83.08%.
Insider Activity
In related news, Director Jean-Louis Chapdelaine sold 25,000 shares of the firm’s 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. In other Savaria news, Senior Officer Sylvain Aubry sold 20,002 shares of Savaria stock in a transaction on 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 the 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. Insiders sold a total of 50,002 shares of company stock valued at $1,046,042 in the last quarter. 17.45% of the stock is currently owned by company insiders.
About Savaria
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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