Peter Allen Drutz Sells 15,264 Shares of Savaria (TSE:SIS) Stock
by Doug Wharley · The Cerbat GemSavaria Co. (TSE:SIS – Get Free Report) Director Peter Allen Drutz sold 15,264 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$27.48, for a total transaction of C$419,454.72. Following the transaction, the director owned 104,987 shares of the company’s stock, valued at approximately C$2,885,042.76. The trade was a 12.69% decrease in their position.
Savaria Stock Performance
Savaria stock traded up C$0.39 during trading hours on Friday, reaching C$27.99. 97,493 shares of the stock were exchanged, compared to its average volume of 183,023. The stock has a market cap of C$2.01 billion, a P/E ratio of 25.45, a P/E/G ratio of 42.72 and a beta of 0.97. The company has a debt-to-equity ratio of 31.42, a quick ratio of 0.91 and a current ratio of 1.71. Savaria Co. has a 52-week low of C$18.71 and a 52-week high of C$30.62. The firm’s 50 day moving average is C$27.61 and its 200 day moving average is C$24.80.
Savaria (TSE:SIS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.31 EPS for the quarter. The company had revenue of C$235.55 million during the quarter. Savaria had a net margin of 8.50% and a return on equity of 12.41%. Analysts predict that Savaria Co. will post 1.2048518 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on SIS. Desjardins increased their price target on shares of Savaria from C$32.00 to C$35.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Stifel Nicolaus increased their price target on shares of Savaria from C$29.00 to C$31.00 and gave the company a “buy” rating in a report on Wednesday, April 8th. National Bank Financial increased their price target on shares of Savaria from C$30.50 to C$37.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Scotiabank increased their price target on shares of Savaria from C$29.00 to C$30.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, Raymond James Financial increased their price target on shares of Savaria from C$32.00 to C$33.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$33.33.
Check Out Our Latest Stock Analysis on Savaria
Savaria Company Profile
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.