Brokerages Set Savaria Co. (TSE:SIS) PT at C$25.50

Savaria Co. (TSE:SIS) has received an average recommendation of “Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$25.50.

Several brokerages have recently commented on SIS. Scotiabank increased their price objective on Savaria from C$25.00 to C$26.00 in a research note on Monday, November 10th. TD Securities lifted their price objective on shares of Savaria from C$24.00 to C$27.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Stifel Nicolaus increased their target price on shares of Savaria from C$24.00 to C$25.00 and gave the company a “buy” rating in a report on Friday, August 22nd.

Savaria Stock Down 1.0%

Savaria stock opened at C$22.02 on Wednesday. The firm has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 25.31, a price-to-earnings-growth ratio of 42.72 and a beta of 1.11. The firm’s fifty day moving average price is C$21.72 and its two-hundred day moving average price is C$20.69. Savaria has a 1-year low of C$14.97 and a 1-year high of C$22.75. The company has a current ratio of 1.97, a quick ratio of 0.91 and a debt-to-equity ratio of 54.11.

Savaria (TSE:SIS) last posted its earnings results on Wednesday, November 5th. The company reported C$0.32 earnings per share for the quarter. Savaria had a net margin of 5.34% and a return on equity of 8.24%. The company had revenue of C$224.77 million for the quarter. On average, equities research analysts predict that Savaria will post 1.2048518 earnings per share for the current fiscal year.

Savaria Company Profile

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company’s operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions. The Accessibility segment deals with manufacturing, designing, installing, and distributing elevators, platform lifts, and stairlifts for people with mobility challenges. The Adapted Vehicle segment adapts vans to be wheelchair accessible for people with mobility challenges.