Savaria Co. (TSE:SIS) Receives Average Recommendation of “Buy” from Brokerages

by · The Cerbat Gem

Savaria Co. (TSE:SIS – Get Free Report) has been assigned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$25.50.

A number of research firms recently issued reports on SIS. Scotiabank boosted their price objective on Savaria from C$25.00 to C$26.00 in a report on Monday, November 10th. National Bankshares lifted their target price on Savaria from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. TD Securities boosted their target price on shares of Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Stifel Nicolaus raised their price target on shares of Savaria from C$24.00 to C$25.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd.

View Our Latest Stock Analysis on SIS

Savaria Stock Performance

TSE SIS opened at C$21.58 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. Savaria has a twelve month low of C$14.97 and a twelve month high of C$22.75. The business has a 50-day moving average price of C$21.42 and a 200-day moving average price of C$20.44. The firm has a market cap of C$1.54 billion, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 42.72 and a beta of 1.26.

Savaria (TSE:SIS – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.27 EPS for the quarter. Savaria had a return on equity of 8.24% and a net margin of 5.34%.The company had revenue of C$224.77 million during the quarter. As a group, equities research analysts predict that Savaria will post 1.2048518 EPS for the current fiscal year.

Savaria Announces Dividend

The business also recently declared a sep 25 dividend, which was paid on Wednesday, October 8th. Stockholders of record on Monday, September 29th were issued a $0.0467 dividend. Savaria’s dividend payout ratio is presently 62.26%.

About Savaria

(Get Free Report)

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company’s operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions.

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