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

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

Savaria Price Performance

SIS opened at C$27.99 on Tuesday. Savaria Co. has a fifty-two week low of C$18.71 and a fifty-two week high of C$30.62. 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 company has a market capitalization of C$2.01 billion, a P/E ratio of 25.45, a P/E/G ratio of 42.72 and a beta of 0.97. The stock has a fifty day moving average of C$27.64 and a 200-day moving average of C$24.87.

Get Savaria alerts:

Savaria (TSE:SIS – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported C$0.31 earnings per share 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 during the quarter. On average, equities analysts expect that Savaria Co. will post 1.2048518 EPS for the current year.

Wall Street Analysts Forecast Growth

SIS has been the subject of a number of analyst reports. ATB Cormark Capital Markets boosted their price target on Savaria from C$32.00 to C$35.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. Stifel Nicolaus boosted their price target on Savaria from C$29.00 to C$31.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Desjardins boosted their price target on Savaria from C$32.00 to C$35.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Scotiabank boosted their price target on Savaria from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Finally, TD boosted their price target on Savaria from C$31.00 to C$35.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Nine investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$33.33.

Get Our Latest Research Report on Savaria

About Savaria

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than Savaria
• Why Applied Optoelectronics Stock May Be Near a Turning Point
• From High-Yield to High-Growth: 3 Stocks Boosting Dividends
• Is Everspin Technologies the Next AI Edge Breakout?
• 5 Robotics Stocks to Watch as Physical AI Builds Momentum

Receive News & Ratings for Savaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Savaria and related companies with MarketBeat.com's FREE daily email newsletter.