Scotiabank Issues Optimistic Estimate for Savaria Earnings

Savaria Co. (TSE:SIS) – Analysts at Scotiabank upped their FY2026 earnings estimates for Savaria in a report released on Wednesday, July 29th. Scotiabank analyst J. Goldman now expects that the company will earn $1.39 per share for the year, up from their prior forecast of $1.36. The consensus estimate for Savaria’s current full-year earnings is $1.20 per share. Scotiabank also issued estimates for Savaria’s FY2027 earnings at $1.50 EPS.

SIS has been the subject of a number of other research reports. National Bank Financial lifted their target price on shares of Savaria from C$30.50 to C$37.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. TD increased their price objective on Savaria from C$31.00 to C$35.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Raymond James Financial boosted their target price on Savaria from C$32.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. ATB Cormark Capital Markets upped their target price on Savaria from C$32.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Finally, Stifel Nicolaus upped their target price on Savaria from C$29.00 to C$31.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to MarketBeat, Savaria currently has a consensus rating of “Buy” and a consensus price target of C$33.33.

Savaria Stock Up 0.1%

Savaria stock opened at C$29.44 on Friday. Savaria has a twelve month low of C$19.54 and a twelve month high of C$31.95. 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 firm has a market cap of C$2.12 billion, a PE ratio of 26.76, a P/E/G ratio of 42.72 and a beta of 1.03. The firm’s 50 day moving average price is C$29.65 and its two-hundred day moving average price is C$27.63.

Savaria (TSE:SIS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. Savaria had a net margin of 8.50% and a return on equity of 12.41%. The firm had revenue of C$235.55 million for the quarter.

Insider Buying and Selling

In other news, Director Jean-Louis Chapdelaine sold 25,000 shares of the 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 transaction, the director owned 100,000 shares of the company’s stock, valued at approximately C$2,773,000. This represents a 20.00% decrease in their position. Also, Director Peter Allen Drutz sold 9,736 shares of the 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 transaction, the director directly owned 95,251 shares in the company, valued at approximately C$2,762,279. This represents a 9.27% decrease in their position. In the last 90 days, insiders have sold 62,500 shares of company stock worth $1,761,124. Insiders own 17.45% of the company’s stock.

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.