Savaria (TSE:SIS) Director Peter Allen Drutz Sells 9,736 Shares

Savaria Co. (TSE:SISGet Free Report) Director Peter Allen Drutz sold 9,736 shares of Savaria stock in a transaction dated Saturday, June 6th. The shares were sold at an average price of C$29.00, for a total value of C$282,344.00. Following the completion of the sale, the director directly owned 95,251 shares in the company, valued at C$2,762,279. This represents a 9.27% decrease in their position.

Peter Allen Drutz also recently made the following trade(s):

  • On Wednesday, May 13th, Peter Allen Drutz sold 15,264 shares of Savaria stock. The shares were sold at an average price of C$27.48, for a total value of C$419,454.72.

Savaria Stock Up 1.7%

TSE:SIS traded up C$0.49 on Friday, hitting C$29.11. 145,325 shares of the company’s stock were exchanged, compared to its average volume of 175,471. The company has a market cap of C$2.09 billion, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 42.72 and a beta of 1.06. The firm has a 50-day moving average price of C$28.49 and a 200-day moving average price of C$25.48. The company has a debt-to-equity ratio of 31.42, a current ratio of 1.71 and a quick ratio of 0.91. Savaria Co. has a 52 week low of C$18.71 and a 52 week high of C$30.62.

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

Analyst Ratings Changes

Several research analysts have weighed in on SIS shares. Stifel Nicolaus upped their price objective on Savaria from C$29.00 to C$31.00 and gave the company a “buy” rating in a report on Wednesday, April 8th. TD Securities boosted their target price on shares of Savaria from C$27.00 to C$31.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Scotiabank upped their price target on shares of Savaria from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. 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 report on Wednesday, April 15th. Finally, Scotia boosted their price objective on shares of Savaria from C$30.00 to C$33.00 and gave the company a “sector outperform” rating in a report on Thursday, April 16th. Nine investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$33.33.

Read Our Latest Analysis 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.

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