Savaria FY2025 EPS Lowered by National Bank Financial

Savaria Co. (TSE:SIS - Free Report) - Research analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of Savaria in a research note issued on Wednesday, November 6th. National Bank Financial analyst Z. Evershed now forecasts that the company will earn $0.99 per share for the year, down from their previous estimate of $1.02. The consensus estimate for Savaria's current full-year earnings is $1.20 per share.

Other equities research analysts also recently issued research reports about the company. Scotiabank set a C$25.00 target price on Savaria and gave the stock an "outperform" rating in a report on Thursday, September 26th. Cormark cut Savaria from a "buy" rating to a "market perform" rating in a research report on Monday. National Bankshares raised their price target on Savaria from C$22.00 to C$27.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. TD Securities raised their price target on Savaria from C$23.00 to C$24.00 and gave the stock a "buy" rating in a research report on Thursday, August 8th. Finally, Stifel Nicolaus raised their price target on Savaria from C$24.00 to C$25.00 and gave the stock a "buy" rating in a research report on Tuesday, August 20th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Savaria has an average rating of "Moderate Buy" and an average price target of C$25.50.

Savaria Stock Performance

Savaria stock traded down C$0.97 during mid-day trading on Monday, hitting C$21.92. 247,865 shares of the company's stock traded hands, compared to its average volume of 78,402. The firm has a 50 day simple moving average of C$21.86 and a two-hundred day simple moving average of C$19.49. Savaria has a fifty-two week low of C$13.95 and a fifty-two week high of C$23.92. The stock has a market cap of C$1.56 billion, a price-to-earnings ratio of 33.85, a P/E/G 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.

Insider Buying and Selling at Savaria

In other news, Director Sylvain Dumoulin sold 5,000 shares of the business's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of C$22.00, for a total transaction of C$110,000.00. In related news, Director Jean-Louis Chapdelaine sold 25,000 shares of Savaria stock in a transaction that occurred on Tuesday, September 17th. The stock was 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 Savaria stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$22.00, for a total value of C$110,000.00. Insiders have sold a total of 50,002 shares of company stock worth $1,046,042 over the last 90 days. Insiders own 17.45% of the company's stock.

Savaria Dividend Announcement

The firm 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 2.46%. The ex-dividend date is Thursday, October 31st. Savaria's dividend payout ratio is presently 83.08%.

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.