Savaria (TSE:SIS) had its price target lifted by Desjardins from C$16.00 to C$17.50 in a research report sent to investors on Friday, March 29th, AnalystRatings.com reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Savaria’s Q2 2019 earnings at $0.16 EPS, Q3 2019 earnings at $0.17 EPS, Q4 2019 earnings at $0.18 EPS, FY2019 earnings at $0.60 EPS and FY2020 earnings at $0.75 EPS.
Several other equities analysts also recently commented on SIS. National Bank Financial reissued an outperform market weight rating on shares of Savaria in a report on Wednesday, February 20th. Laurentian lowered their target price on shares of Savaria from C$20.00 to C$16.50 in a report on Thursday, February 21st.
TSE:SIS traded down C$0.01 during trading hours on Friday, hitting C$13.07. 57,000 shares of the stock traded hands, compared to its average volume of 196,892. The company has a debt-to-equity ratio of 51.40, a current ratio of 1.99 and a quick ratio of 0.91. Savaria has a 1 year low of C$11.41 and a 1 year high of C$20.95. The company has a market capitalization of $587.78 million and a P/E ratio of 32.68.
In other news, Director Peter Allen Drutz sold 14,441 shares of the company’s stock in a transaction dated Monday, January 21st. The shares were sold at an average price of C$14.74, for a total value of C$212,922.44. Following the transaction, the director now directly owns 140,125 shares in the company, valued at C$2,066,045.04. Also, Director Jean-Louis Chapdelaine sold 25,000 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of C$13.27, for a total transaction of C$331,747.50. Following the completion of the transaction, the director now owns 125,000 shares in the company, valued at C$1,658,737.50.
Savaria Company Profile
Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. The company operates in three segments: Accessibility, Adapted Vehicles, and the Span. The Accessibility segment manufactures and distributes residential and commercial accessibility equipment for people with mobility challenges; and operates network of franchisees and corporate stores.
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