Key Points
- Director Peter Allen Drutz sold 9,736 Savaria shares on June 6 at an average price of C$29.00, for proceeds of C$282,344. After the sale, he still held 95,251 shares, reducing his ownership by 9.27%.
- Drutz also sold 15,264 shares on May 13 at an average price of C$27.48, indicating a recent pattern of insider selling at Savaria.
- Savaria’s stock was trading near C$29.11, close to its 52-week high of C$30.62, while analysts remain broadly positive with a Buy consensus and an average target price of C$33.33.
Savaria Co. (TSE:SIS - Get Free Report) Director Peter Allen Drutz sold 9,736 shares of the company's stock in a transaction on Saturday, June 6th. The stock was 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 owned 95,251 shares of the company's stock, valued at C$2,762,279. This represents a 9.27% decrease in their ownership of the stock.
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 stock was sold at an average price of C$27.48, for a total value of C$419,454.72.
Savaria Price Performance
Shares of SIS stock opened at C$29.11 on Monday. Savaria Co. has a twelve month low of C$18.71 and a twelve month high of C$30.62. The stock has a market capitalization of C$2.09 billion, a price-to-earnings ratio of 26.46, a P/E/G ratio of 42.72 and a beta of 1.06. The stock has a fifty day simple moving average of C$28.49 and a two-hundred day simple moving average of C$25.50. The company has a current ratio of 1.71, a quick ratio of 0.91 and a debt-to-equity ratio of 31.42.
Savaria (TSE:SIS - Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported C$0.31 earnings per share for the quarter. Savaria had a return on equity of 12.41% and a net margin of 8.50%.The business had revenue of C$235.55 million during the quarter. On average, analysts predict that Savaria Co. will post 1.2048518 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Raymond James Financial upped their target price on Savaria from C$32.00 to C$33.00 and gave the stock an "outperform" rating in a report on Wednesday, April 15th. TD upped their target price on Savaria from C$31.00 to C$35.00 and gave the stock a "buy" rating in a report on Wednesday, April 15th. Scotiabank upped their price objective on Savaria from C$29.00 to C$30.00 and gave the stock an "outperform" rating in a research note on Friday, March 6th. TD Securities upped their price objective on Savaria from C$27.00 to C$31.00 and gave the stock a "buy" rating in a research note on Thursday, March 5th. Finally, Scotia upped their price objective on Savaria from C$30.00 to C$33.00 and gave the stock a "sector outperform" rating in a research note on Thursday, April 16th. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$33.33.
View Our Latest Stock Analysis on SIS
Savaria Company Profile
(
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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