Stifel Canada Forecasts Savaria’s FY2025 Earnings (TSE:SIS)

Savaria Co. (TSE:SIS) – Stock analysts at Stifel Canada reduced their FY2025 earnings per share (EPS) estimates for shares of Savaria in a report issued on Thursday, November 7th. Stifel Canada analyst J. Keywood now forecasts that the company will post earnings per share of $1.31 for the year, down from their prior forecast of $1.35. The consensus estimate for Savaria’s current full-year earnings is $1.20 per share.

Other analysts also recently issued reports about the stock. Cormark downgraded shares of Savaria from a “buy” rating to a “market perform” rating in a research report on Monday. 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 report on Thursday, August 8th. Stifel Nicolaus upped their price objective on Savaria from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Tuesday, August 20th. 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. Finally, Scotiabank set a C$25.00 price target on Savaria and gave the company an “outperform” rating in a report on Thursday, September 26th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$25.50.

Savaria Price Performance

Shares of TSE:SIS opened at C$21.85 on Monday. The business has a fifty day moving average price of C$21.91 and a 200-day moving average price of C$19.50. 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 company has a market capitalization of C$1.55 billion, a PE ratio of 33.68, a PEG ratio of 42.72 and a beta of 0.90. Savaria has a 1-year low of C$13.95 and a 1-year high of C$23.92.

Insider Buying and Selling

In other Savaria news, Director Sylvain Dumoulin sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of C$22.00, for a total value of C$110,000.00. In other Savaria news, Senior Officer Sylvain Aubry sold 20,002 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$20.75, for a total transaction of C$415,041.50. Also, Director Sylvain Dumoulin sold 5,000 shares of Savaria stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of C$22.00, for a total value of C$110,000.00. Insiders sold 50,002 shares of company stock valued at $1,046,042 over the last 90 days. Company insiders own 17.45% of the company’s stock.

Savaria Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were issued a $0.045 dividend. This represents a $0.54 annualized dividend and a dividend yield of 2.47%. The ex-dividend date was Thursday, October 31st. Savaria’s payout ratio is currently 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.