Savaria (TSE:SIS) Director Jean-Louis Chapdelaine Sells 25,000 Shares

Savaria Co. (TSE:SIS – Get Free Report) Director Jean-Louis Chapdelaine sold 25,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$27.73, for a total transaction of C$693,250.00. Following the sale, the director directly owned 100,000 shares in the company, valued at C$2,773,000. This represents a 20.00% decrease in their ownership of the stock.

Savaria Price Performance

Shares of Savaria stock opened at C$27.99 on Friday. The company has a current ratio of 1.71, a quick ratio of 0.91 and a debt-to-equity ratio of 31.42. The stock has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 25.45, a P/E/G ratio of 42.72 and a beta of 0.97. Savaria Co. has a 1-year low of C$18.71 and a 1-year high of C$30.62. The firm’s 50-day moving average price is C$27.61 and its two-hundred day moving average price is C$24.80.

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Savaria (TSE:SIS – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. The company had revenue of C$235.55 million for the quarter. Savaria had a return on equity of 12.41% and a net margin of 8.50%. On average, equities analysts predict that Savaria Co. will post 1.2048518 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Desjardins boosted their price objective on Savaria from C$32.00 to C$35.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Scotiabank boosted their target price 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. TD boosted their target price 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. TD Securities boosted their target price on shares of Savaria from C$27.00 to C$31.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Raymond James Financial boosted their target price 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. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Savaria has a consensus rating of “Buy” and a consensus target price of C$33.33.

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Savaria Company Profile

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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.

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