Savaria Co. (TSE:SIS) Receives Consensus Rating of "Buy" from Analysts

Key Points

• Seven analysts give Savaria a consensus Buy rating with an average 12‑month target of C$30.93, and several brokerages raised targets to C$30–C$32 while reiterating "outperform"/"buy" on March 6.
• In the latest quarter Savaria reported EPS of C$0.37 on revenue of C$241.78 million, with a net margin of 7.53% and ROE of 11.10%, and analysts forecast roughly C$1.20 EPS for the current fiscal year.
• Shares opened at C$25.89 (50‑day MA C$25.21, 200‑day MA C$22.98) — near the 12‑month high of C$26.45 — and the stock carries a market cap of C$1.86 billion with a PE of about 26.97.

Shares of Savaria Co. (TSE:SIS - Get Free Report) have been given an average rating of "Buy" by the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$30.93.

A number of brokerages have weighed in on SIS. National Bank Financial raised their target price on Savaria from C$30.00 to C$30.50 and gave the company an "outperform" rating in a report on Friday, March 6th. Scotiabank boosted their price target on Savaria from C$29.00 to C$30.00 and gave the stock an "outperform" rating in a report on Friday, March 6th. Raymond James Financial upped their price objective on Savaria from C$27.00 to C$32.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. ATB Cormark Capital Markets raised their price objective on Savaria from C$30.00 to C$32.00 and gave the company an "outperform" rating in a research note on Friday, March 6th. Finally, Desjardins lifted their target price on Savaria from C$27.00 to C$32.00 and gave the company a "buy" rating in a research report on Friday, March 6th.

Savaria Price Performance

Shares of TSE:SIS opened at C$25.89 on Friday. The firm has a 50 day moving average of C$25.21 and a 200-day moving average of C$22.98. Savaria has a 12 month low of C$14.97 and a 12 month high of C$26.45. The company has a current ratio of 1.61, a quick ratio of 0.91 and a debt-to-equity ratio of 32.13. The stock has a market capitalization of C$1.86 billion, a PE ratio of 26.97, a PEG ratio of 42.72 and a beta of 1.14.

Savaria (TSE:SIS - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The company reported C$0.37 earnings per share (EPS) for the quarter. Savaria had a net margin of 7.53% and a return on equity of 11.10%. The business had revenue of C$241.78 million for the quarter. On average, equities research analysts predict that Savaria will post 1.2048518 EPS for the current fiscal year.

About Savaria

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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