Savaria (TSE:SIS) Director Les Teague Sells 5,000 Shares of Stock

Savaria Co. (TSE:SIS) Director Les Teague sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of C$29.52, for a total transaction of C$147,600.00.

Savaria Stock Performance

Shares of SIS stock opened at C$29.65 on Friday. The company has a 50 day moving average price of C$29.13 and a 200-day moving average price of C$28.72. Savaria Co. has a 52 week low of C$20.10 and a 52 week high of C$31.95. The firm has a market capitalization of C$2.14 billion, a PE ratio of 24.50, a P/E/G ratio of 42.72 and a beta of 0.97. The company has a quick ratio of 0.91, a current ratio of 1.72 and a debt-to-equity ratio of 29.43.

Savaria (TSE:SIS) last released its quarterly earnings data on Wednesday, August 5th. The company reported C$0.35 earnings per share for the quarter. Savaria had a net margin of 9.27% and a return on equity of 13.41%. The firm had revenue of C$245.78 million during the quarter. As a group, equities research analysts expect that Savaria Co. will post 1.2048518 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. TD increased their target price on Savaria from C$35.00 to C$37.00 and gave the company a “buy” rating in a report on Friday, August 7th. ATB Cormark Capital Markets boosted their price target on Savaria from C$35.00 to C$38.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Desjardins upped their price target on shares of Savaria from C$36.00 to C$39.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Ventum Financial set a C$34.50 price target on shares of Savaria and gave the company a “buy” rating in a research report on Thursday, September 10th. Finally, TD Securities upgraded shares of Savaria to a “strong-buy” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$34.35.

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.