Scotiabank Has Strong Forecast for Savaria FY2026 Earnings

Savaria Co. (TSE:SIS) – Stock analysts at Scotiabank upped their FY2026 earnings per share estimates for shares of Savaria in a note issued to investors on Friday, April 17th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $1.39 for the year, up from their prior estimate of $1.38. Scotiabank currently has a “Outperform” rating and a $30.00 price target on the stock. The consensus estimate for Savaria’s current full-year earnings is $1.20 per share. Scotiabank also issued estimates for Savaria’s FY2027 earnings at $1.51 EPS.

Savaria (TSE:SIS) last announced its quarterly earnings data on Wednesday, March 4th. The company reported C$0.37 earnings per share for the quarter. The company had revenue of C$241.78 million for the quarter. Savaria had a return on equity of 11.10% and a net margin of 7.53%.

A number of other equities analysts have also recently commented on the company. Scotia lifted their price target on Savaria from C$30.00 to C$33.00 and gave the stock a “sector outperform” rating in a research note on Thursday, April 16th. Stifel Nicolaus lifted their price target on Savaria from C$29.00 to C$31.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. ATB Cormark Capital Markets lifted their price objective on Savaria from C$32.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. National Bank Financial lifted their price objective on Savaria from C$30.00 to C$30.50 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, TD lifted their price objective on Savaria from C$31.00 to C$35.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$32.61.

Savaria Price Performance

Shares of Savaria stock opened at C$28.96 on Tuesday. The company has a debt-to-equity ratio of 32.13, a current ratio of 1.61 and a quick ratio of 0.91. The business’s 50 day simple moving average is C$26.38 and its two-hundred day simple moving average is C$23.97. The stock has a market capitalization of C$2.08 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 42.72 and a beta of 0.86. Savaria has a one year low of C$16.20 and a one year high of C$30.41.

Insider Buying and Selling at Savaria

In other news, insider Jean-Philippe De Montigny purchased 2,420 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of C$25.50 per share, for a total transaction of C$61,710.00. Following the completion of the transaction, the insider directly owned 92,260 shares of the company’s stock, valued at C$2,352,630. This trade represents a 2.69% increase in their position. 17.45% of the stock is owned by corporate insiders.

About Savaria

Savaria Corporation ( savaria.com ) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings.