Savaria (TSE:SIS) Director Sells C$282,344.00 in Stock

Savaria Co. (TSE:SIS) Director Peter Allen Drutz sold 9,736 shares of the business’s stock in a transaction on Saturday, June 6th. The shares were sold at an average price of C$29.00, for a total transaction of C$282,344.00. Following the completion of the sale, the director 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 transaction of C$419,454.72.

Savaria Stock Up 0.9%

Shares of TSE SIS opened at C$30.07 on Wednesday. The firm’s 50-day simple moving average is C$28.65 and its 200 day simple moving average is C$25.62. The company has a market cap of C$2.16 billion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 42.72 and a beta of 1.06. The company has a quick ratio of 0.91, a current ratio of 1.71 and a debt-to-equity ratio of 31.42. Savaria Co. has a 12-month low of C$18.71 and a 12-month high of C$30.62.

Savaria (TSE:SIS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.31 earnings per share (EPS) for the quarter. The business 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%. On average, research analysts expect that Savaria Co. will post 1.2048518 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on SIS shares. Raymond James Financial upped their price target on shares of Savaria from C$32.00 to C$33.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Desjardins upped their price target on shares of Savaria from C$32.00 to C$35.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Scotiabank upped their price target on shares of Savaria from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Stifel Nicolaus upped their price target on shares of Savaria from C$29.00 to C$31.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. Finally, ATB Cormark Capital Markets upped their price target on shares of Savaria from C$32.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$33.33.

Savaria Company Profile

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.