Savaria (TSE:SIS) Director Sells C$419,454.72 in Stock

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

Savaria Price Performance

TSE:SIS traded up C$0.39 during mid-day trading on Friday, hitting C$27.99. 97,493 shares of the company’s stock traded hands, compared to its average volume of 183,023. The company has a debt-to-equity ratio of 31.42, a quick ratio of 0.91 and a current ratio of 1.71. The firm’s 50 day simple moving average is C$27.61 and its 200 day simple moving average is C$24.80. Savaria Co. has a 1 year low of C$18.71 and a 1 year high of C$30.62. The company has a market cap of C$2.01 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 42.72 and a beta of 0.97.

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

Wall Street Analyst Weigh In

Several research firms have issued reports on SIS. Raymond James Financial raised their price target on shares of Savaria from C$32.00 to C$33.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Scotia raised their price target on shares of Savaria from C$30.00 to C$33.00 and gave the stock a “sector outperform” rating in a research note on Thursday, April 16th. Stifel Nicolaus raised their price target on shares of Savaria from C$29.00 to C$31.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. TD raised their price target on shares of Savaria from C$31.00 to C$35.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Finally, Scotiabank raised their price target on shares of Savaria from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Savaria currently 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.