Savaria Co. Forecasted to Post FY2025 Earnings of $1.26 Per Share (TSE:SIS)

Savaria Co. (TSE:SIS - Free Report) - Equities research analysts at Cormark boosted their FY2025 earnings per share estimates for Savaria in a research report issued on Wednesday, April 10th. Cormark analyst K. Mcphee now anticipates that the company will post earnings of $1.26 per share for the year, up from their prior forecast of $1.18. The consensus estimate for Savaria's current full-year earnings is $0.79 per share.

Savaria (TSE:SIS - Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$0.19 EPS for the quarter, topping analysts' consensus estimates of C$0.18 by C$0.01. Savaria had a return on equity of 7.55% and a net margin of 4.52%. The company had revenue of C$216.84 million for the quarter, compared to analyst estimates of C$214.78 million.

Several other brokerages have also issued reports on SIS. Stifel Nicolaus dropped their price target on Savaria from C$25.00 to C$23.00 and set a "buy" rating on the stock in a research note on Friday, March 8th. TD Securities boosted their price target on Savaria from C$21.00 to C$23.00 and gave the company a "buy" rating in a research note on Friday. National Bankshares boosted their price target on Savaria from C$19.50 to C$20.50 and gave the company an "outperform" rating in a research note on Thursday, March 7th. Raymond James boosted their price target on Savaria from C$18.00 to C$19.00 and gave the company an "outperform" rating in a research note on Friday, March 8th. Finally, Scotiabank boosted their price objective on Savaria from C$17.00 to C$21.50 and gave the company an "outperform" rating in a report on Friday, March 8th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Savaria presently has an average rating of "Buy" and a consensus price target of C$21.64.

Savaria Trading Up 0.1 %

SIS traded up C$0.02 during trading on Friday, hitting C$16.74. The company's stock had a trading volume of 55,675 shares, compared to its average volume of 57,639. Savaria has a twelve month low of C$12.21 and a twelve month high of C$17.70. The company has a quick ratio of 0.91, a current ratio of 1.98 and a debt-to-equity ratio of 58.17. The stock's fifty day moving average price is C$16.59 and its 200-day moving average price is C$15.18. The firm has a market capitalization of C$1.19 billion, a P/E ratio of 29.39, a PEG ratio of 42.72 and a beta of 0.85.

Insider Buying and Selling

In related news, Senior Officer Jean-Philippe De Montigny purchased 17,980 shares of the firm's stock in a transaction that occurred on Thursday, January 18th. The stock was acquired at an average price of C$14.94 per share, for a total transaction of C$268,621.20. 19.86% of the stock is currently owned by corporate insiders.

Savaria Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 28th were issued a dividend of $0.043 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.52 annualized dividend and a yield of 3.08%. Savaria's dividend payout ratio (DPR) is currently 91.23%.

About Savaria

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.