Desjardins Predicts Higher Earnings for StorageVault Canada

Key Points

• Desjardins has increased its FY2025 earnings per share (EPS) estimate for StorageVault Canada to $0.23, with a current "Buy" rating and a target price of $5.00.
• Multiple analysts have provided ratings and price targets for StorageVault Canada, generating a consensus price target of C$5.14, with an average rating of "Moderate Buy."
• Insider trading activity includes a purchase of 189,500 shares by an insider, raising total insider ownership to 38.49% of the company.

StorageVault Canada Inc. (TSE:SVI - Free Report) - Stock analysts at Desjardins lifted their FY2025 earnings per share estimates for shares of StorageVault Canada in a research note issued on Thursday, July 24th. Desjardins analyst L. Kalmar now forecasts that the company will earn $0.23 per share for the year, up from their prior estimate of $0.22. Desjardins has a "Buy" rating and a $5.00 price target on the stock. Desjardins also issued estimates for StorageVault Canada's FY2026 earnings at $0.26 EPS and FY2027 earnings at $0.29 EPS.

A number of other equities research analysts also recently weighed in on the company. CIBC lowered their target price on StorageVault Canada from C$4.75 to C$4.25 in a report on Friday, April 25th. Raymond James Financial lifted their target price on StorageVault Canada from C$4.70 to C$4.75 and gave the company an "outperform" rating in a research report on Thursday, April 24th. TD Securities upped their price target on StorageVault Canada from C$5.00 to C$5.50 and gave the company a "buy" rating in a research report on Friday. Finally, Royal Bank Of Canada set a C$5.50 price target on StorageVault Canada and gave the company an "outperform" rating in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$5.09.

StorageVault Canada Stock Performance

Shares of SVI stock remained flat at C$4.66 during mid-day trading on Friday. The stock had a trading volume of 89,874 shares, compared to its average volume of 331,830. The business has a fifty day moving average price of C$4.10 and a two-hundred day moving average price of C$3.92. The stock has a market capitalization of C$1.71 billion, a P/E ratio of -33.92 and a beta of 0.89. StorageVault Canada has a 12-month low of C$3.53 and a 12-month high of C$5.18.

Insider Transactions at StorageVault Canada

In related news, Director Benjamin Harris sold 30,000 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of C$3.78, for a total transaction of C$113,439.00. Also, insider StorageVault Canada Inc. bought 189,500 shares of the firm's stock in a transaction on Friday, May 30th. The stock was acquired at an average price of C$4.15 per share, for a total transaction of C$786,425.00. Insiders have purchased a total of 196,000 shares of company stock worth $810,525 in the last three months. 38.49% of the stock is currently owned by insiders.

About StorageVault Canada

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company's property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.