Savaria Co. (TSE:SIS - Get Free Report) Director Sylvain Dumoulin sold 5,000 shares of the firm's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of C$22.00, for a total value of C$110,000.00.
Savaria Stock Performance
TSE:SIS opened at C$22.20 on Friday. The firm has a market capitalization of C$1.58 billion, a P/E ratio of 34.15, a P/E/G ratio of 42.72 and a beta of 0.90. Savaria Co. has a twelve month low of C$12.21 and a twelve month high of C$22.45. The company has a fifty day moving average of C$20.22 and a 200-day moving average of C$18.44. 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.22 EPS for the quarter, beating analysts' consensus estimates of C$0.20 by C$0.02. Savaria had a net margin of 5.25% and a return on equity of 8.95%. The business had revenue of C$221.34 million during the quarter, compared to analyst estimates of C$213.08 million. As a group, sell-side analysts anticipate that Savaria Co. will post 1.2048518 EPS for the current year.
Savaria Increases Dividend
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The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th will be paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Monday, September 30th. This is an increase from Savaria's previous monthly dividend of $0.04. Savaria's dividend payout ratio is 83.08%.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. TD Securities increased their target price on Savaria from C$23.00 to C$24.00 and gave the stock a "buy" rating in a report on Thursday, August 8th. National Bankshares raised their target price on shares of Savaria from C$21.00 to C$22.00 in a report on Thursday, August 8th. Raymond James boosted their target price on shares of Savaria from C$25.00 to C$27.50 and gave the company an "outperform" rating in a research report on Friday, September 13th. Stifel Nicolaus increased their price target on shares of Savaria from C$24.00 to C$25.00 and gave the stock a "buy" rating in a research report on Tuesday, August 20th. Finally, Scotiabank set a C$25.00 price objective on shares of Savaria and gave the company an "outperform" rating in a research report on Thursday, September 26th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$24.79.
Read Our Latest Stock Analysis on SIS
Savaria Company Profile
(
Get Free Report)
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.
Further Reading
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