Savaria Co. (TSE:SIS - Get Free Report) Senior Officer Jean-Philippe De Montigny bought 19,545 shares of the company's stock in a transaction dated Monday, November 11th. The shares were purchased at an average price of C$22.96 per share, with a total value of C$448,753.20.
Savaria Trading Down 0.2 %
TSE:SIS opened at C$21.85 on Wednesday. Savaria Co. has a one year low of C$13.95 and a one year high of C$23.92. The company's 50-day simple moving average is C$21.91 and its 200 day simple moving average is C$19.50. The firm has a market capitalization of C$1.55 billion, a P/E ratio of 33.68, a PEG ratio of 42.72 and a beta of 0.90. The company has a debt-to-equity ratio of 56.50, a current ratio of 1.94 and a quick ratio of 0.91.
Savaria Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were given a dividend of $0.045 per share. This represents a $0.54 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date was Thursday, October 31st. Savaria's dividend payout ratio (DPR) is presently 83.08%.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on SIS. Scotiabank set a C$25.00 price objective on Savaria and gave the stock an "outperform" rating in a report on Thursday, September 26th. Desjardins raised their price target on Savaria from C$25.00 to C$26.00 and gave the stock a "buy" rating in a research note on Monday, September 23rd. TD Securities boosted their price objective on shares of Savaria from C$23.00 to C$24.00 and gave the company a "buy" rating in a research report on Thursday, August 8th. Raymond James upped their price objective on shares of Savaria from C$25.00 to C$27.50 and gave the stock an "outperform" rating in a report on Friday, September 13th. Finally, Stifel Nicolaus lifted their target price on shares of Savaria from C$24.00 to C$25.00 and gave the company a "buy" rating in a research note on Tuesday, August 20th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$25.50.
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About Savaria
(
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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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