Sienna Senior Living (TSE:SIA) Sets New 52-Week High – Should You Buy?

Sienna Senior Living Inc. (TSE:SIA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$22.48 and last traded at C$22.03, with a volume of 390381 shares traded. The stock had previously closed at C$22.14.

Analyst Ratings Changes

SIA has been the subject of several research reports. Canadian Imperial Bank of Commerce upgraded Sienna Senior Living from a “hold” rating to an “outperform” rating and increased their price target for the stock from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. Desjardins boosted their price objective on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Royal Bank Of Canada increased their target price on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research report on Monday, November 24th. Canaccord Genuity Group set a C$24.50 target price on shares of Sienna Senior Living and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Finally, Scotiabank boosted their price target on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Sienna Senior Living presently has an average rating of “Buy” and a consensus target price of C$22.67.

Sienna Senior Living Trading Down 0.5%

The firm’s 50 day moving average is C$21.03 and its 200 day moving average is C$19.55. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The company has a market cap of C$2.07 billion, a PE ratio of 50.07 and a beta of 0.91.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings results on Thursday, November 13th. The company reported C$0.30 EPS for the quarter. The firm had revenue of C$261.70 million during the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. On average, equities analysts anticipate that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.