Savaria Co. (TSE:SIS - Get Free Report) Senior Officer Jean-Philippe De Montigny purchased 19,545 shares of the stock in a transaction dated Monday, November 11th. The shares were bought at an average price of C$22.96 per share, with a total value of C$448,753.20.
Savaria Stock Performance
Shares of TSE SIS traded down C$0.01 during midday trading on Tuesday, reaching C$21.88. The company's stock had a trading volume of 34,981 shares, compared to its average volume of 78,369. The stock has a market capitalization of C$1.56 billion, a P/E ratio of 33.68, a PEG ratio of 42.72 and a beta of 0.90. The company has a debt-to-equity ratio of 56.50, a current ratio of 1.94 and a quick ratio of 0.91. The firm has a 50 day moving average price of C$21.91 and a 200-day moving average price of C$19.50. Savaria Co. has a 12-month low of C$13.95 and a 12-month high of C$23.92.
Savaria Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be given a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend is Thursday, October 31st. Savaria's dividend payout ratio is currently 83.08%.
Analyst Ratings Changes
Several brokerages have commented on SIS. Raymond James lifted their target price on Savaria from C$25.00 to C$27.50 and gave the stock an "outperform" rating in a report on Friday, September 13th. National Bankshares upped their target price on Savaria from C$22.00 to C$27.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Stifel Nicolaus raised their price target on shares of Savaria from C$24.00 to C$25.00 and gave the stock a "buy" rating in a report on Tuesday, August 20th. Cormark lowered shares of Savaria from a "buy" rating to a "market perform" rating in a research note on Monday. Finally, TD Securities lifted their target price on shares of Savaria from C$23.00 to C$24.00 and gave the stock a "buy" rating in a research note on Thursday, August 8th. One equities research 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.
Check Out Our Latest Research Report on SIS
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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