Savaria Co. (TSE:SIS) Senior Officer Purchases C$199,984.00 in Stock

Savaria Co. (TSE:SIS - Get Free Report) Senior Officer Jean-Philippe De Montigny bought 11,600 shares of Savaria stock in a transaction that occurred on Monday, May 13th. The shares were acquired at an average cost of C$17.24 per share, with a total value of C$199,984.00.

Savaria Price Performance

SIS traded up C$0.04 on Monday, reaching C$17.32. 81,209 shares of the company's stock were exchanged, compared to its average volume of 64,370. The stock has a market cap of C$1.23 billion, a PE ratio of 30.37, a P/E/G ratio of 42.72 and a beta of 0.88. Savaria Co. has a twelve month low of C$12.21 and a twelve month high of C$17.92. The stock's fifty day moving average price is C$16.73 and its 200-day moving average price is C$15.69. The company has a debt-to-equity ratio of 58.17, a current ratio of 1.98 and a quick ratio of 0.91.

Savaria (TSE:SIS - Get Free Report) last issued its earnings results 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 net margin of 4.52% and a return on equity of 7.55%. The company had revenue of C$216.84 million for the quarter, compared to the consensus estimate of C$214.78 million. Sell-side analysts expect that Savaria Co. will post 0.7950398 EPS for the current year.

Savaria Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 10th. Stockholders of record on Tuesday, April 30th were paid a $0.043 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend was Monday, April 29th. Savaria's dividend payout ratio (DPR) is 91.23%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Scotiabank raised their price target on shares of Savaria from C$21.50 to C$22.00 in a research report on Friday. Cormark lifted their target price on shares of Savaria from C$22.50 to C$24.00 in a research report on Friday. Desjardins lifted their target price on shares of Savaria from C$22.50 to C$23.50 and gave the company a "buy" rating in a research report on Wednesday, April 10th. Stifel Nicolaus dropped their target price on shares of Savaria from C$25.00 to C$23.00 and set a "buy" rating on the stock in a research report on Friday, March 8th. Finally, TD Securities lifted their target price on shares of Savaria from C$21.00 to C$23.00 and gave the company a "buy" rating in a research report on Friday, April 12th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Savaria presently has an average rating of "Buy" and a consensus price target of C$22.64.

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.

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