FY2025 Earnings Estimate for Savaria Issued By Stifel Canada

Savaria Co. (TSE:SIS - Free Report) - Investment analysts at Stifel Canada decreased their FY2025 earnings per share estimates for shares of Savaria in a research note issued to investors on Thursday, November 7th. Stifel Canada analyst J. Keywood now anticipates that the company will earn $1.31 per share for the year, down from their previous estimate of $1.35. The consensus estimate for Savaria's current full-year earnings is $1.20 per share.

A number of other equities analysts have also recently issued reports on SIS. Scotiabank set a C$25.00 target price on shares of Savaria and gave the stock an "outperform" rating in a report on Thursday, September 26th. Raymond James raised their target price on shares of Savaria from C$25.00 to C$27.50 and gave the stock an "outperform" rating in a report on Friday, September 13th. TD Securities raised their price target on shares of Savaria from C$23.00 to C$24.00 and gave the company a "buy" rating in a research note on Thursday, August 8th. Desjardins raised their price target on shares of Savaria from C$25.00 to C$26.00 and gave the company a "buy" rating in a research note on Monday, September 23rd. Finally, Stifel Nicolaus raised their price target on shares of Savaria from C$24.00 to C$25.00 and gave the company a "buy" rating in a research note on Tuesday, August 20th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Savaria has an average rating of "Moderate Buy" and an average price target of C$25.50.

Savaria Stock Performance

TSE SIS traded down C$0.97 during trading hours on Monday, reaching C$21.92. The company's stock had a trading volume of 247,865 shares, compared to its average volume of 78,402. The company has a current ratio of 1.94, a quick ratio of 0.91 and a debt-to-equity ratio of 56.50. The business has a 50-day simple moving average of C$21.86 and a 200 day simple moving average of C$19.49. Savaria has a 52 week low of C$13.95 and a 52 week high of C$23.92. The stock has a market cap of C$1.56 billion, a PE ratio of 33.85, a PEG ratio of 42.72 and a beta of 0.90.

Savaria Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.045 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.46%. Savaria's dividend payout ratio is currently 83.08%.

Insiders Place Their Bets

In related news, Director Sylvain Dumoulin sold 5,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of C$22.00, for a total value of C$110,000.00. In other Savaria news, Director Jean-Louis Chapdelaine sold 25,000 shares of the stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of C$20.84, for a total value of C$521,000.00. Also, Director Sylvain Dumoulin sold 5,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of C$22.00, for a total transaction of C$110,000.00. Over the last ninety days, insiders have sold 50,002 shares of company stock valued at $1,046,042. 17.45% of the stock is currently owned by insiders.

Savaria Company Profile

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.