Savaria Co. (TSE:SIS - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$17.75 and last traded at C$17.58, with a volume of 133300 shares traded. The stock had previously closed at C$16.96.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the company. TD Securities boosted their price target on Savaria from C$21.00 to C$23.00 and gave the stock a "buy" rating in a research report on Friday, April 12th. Raymond James raised their price target on Savaria from C$18.00 to C$19.00 and gave the company an "outperform" rating in a report on Friday, March 8th. Scotiabank upped their price objective on shares of Savaria from C$17.00 to C$21.50 and gave the company an "outperform" rating in a report on Friday, March 8th. National Bankshares raised their target price on shares of Savaria from C$20.50 to C$21.00 in a research note on Thursday. Finally, Desjardins upped their price target on shares of Savaria from C$22.50 to C$23.50 and gave the company a "buy" rating in a research note on Wednesday, April 10th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of C$21.71.
View Our Latest Analysis on SIS
Savaria Trading Up 5.4 %
The stock has a 50-day moving average price of C$16.72 and a two-hundred day moving average price of C$15.62. The stock has a market capitalization of C$1.27 billion, a P/E ratio of 31.35, a price-to-earnings-growth ratio of 42.72 and a beta of 0.88. The company has a debt-to-equity ratio of 58.17, a quick ratio of 0.91 and a current ratio of 1.98.
Savaria (TSE:SIS - Get Free Report) last announced its earnings results on Wednesday, March 6th. The company reported C$0.19 earnings per share for the quarter, beating analysts' consensus estimates of C$0.18 by C$0.01. The business had revenue of C$216.84 million during the quarter, compared to the consensus estimate of C$214.78 million. Savaria had a net margin of 4.52% and a return on equity of 7.55%. On average, research analysts forecast that Savaria Co. will post 0.7950398 EPS for the current fiscal year.
Savaria Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, May 10th. Stockholders of record on Tuesday, April 30th will be issued a dividend of $0.043 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Monday, April 29th. Savaria's payout ratio is presently 91.23%.
About Savaria
(
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Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in two segments, Accessibility and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a portfolio of accessibility products, including commercial and home elevators, stairlifts, platform lifts, and wheelchair lowered-floor accessible conversions for selected brands of minivans, personal, residential, or commercial applications.
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