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TSX hits Yuletide highMarkets rally to strongest week this yearMild Monday amid earningsThis summary was created by AI, based on 3 opinions in the last 12 months.
Savaria Corp (SIS-T) is a leading global provider of home accessibility equipment and patient handling. The company's strong organic growth, improving margins, and record backlog point towards a promising future. With the rise of vertical housing in cities like Toronto and a focus on keeping people in their homes longer, Savaria's offerings are becoming increasingly essential. The recent equity issue to pay down debt and the company's goal of reaching $1B in sales by 2025 add to its potential upside. Overall, Savaria Corp shows strong fundamentals and is well-positioned for growth.
It is a global leader in home accessibility equipment and patient handling. A concern in the second quarter report gave the stock a hit but he considers it a one-time event. Also it did a recent equity issue which is being used to pay down debt. It has good management, strong organic sales growth. a good backlog and improving margins. It should be able to make good acquisitions. Trades at 9X EBITDA, near historical lows.
Buy 8 Hold 0 Sell 0
Great Q1 results. Strong organic growth, margins improved, record backlog for the rest of the year. 10x EBITDA, very reasonable. Good demographics. Targeting $1B in sales by 2025, tremendous upside if they can reach that goal. A better play than cost-intensive LTC homes. Yield is 3.1%.
Savaria’s revenues have grown from $120 million in 2016 to $661 million in 2021 (the last reported full year). Accordingly, operating income has also climbed from $18.19 million to $49.18 million in the same time frame. However, the same cannot be said of net income, which was $12.3 million in 2016, then topped $26.46 million in 2020 but then fell to $11.54 million in 2021. Read: Canadian Tire, Savaria & XLI
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Stay at home trends support business. Stable fundamentals with growth expected. Debt trending lower. Higher valuation historically. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Solid cash flow profile. Industry tailwinds strong. Diversified geographically and product line. Improved valuations. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Missed quarterly projections. Price increases just went into effect. Volume backlog in Toronto 3x last year. Margin expansion a goal. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is down 12% YTD but 5i remains comfortable with it. It is not the only stock to have a tough year so far. Not a lot of choice in the sector. Potential is still good. Unlock Premium - Try 5i Free
Savaria Corp is a Canadian stock, trading under the symbol SIS-T on the Toronto Stock Exchange (SIS-CT). It is usually referred to as TSX:SIS or SIS-T
In the last year, 2 stock analysts published opinions about SIS-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Savaria Corp.
Savaria Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Savaria Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Savaria Corp In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Savaria Corp (SIS-T) stock closed at a price of $16.92.
It is the only consumer discretionary stock they own. She considers it a staple since it provides accessibility equipment to keep people in their homes longer, which they want. Also vertical housing is on the rise in a city like Toronto and there are townhouses now being built with elevator shafts which is part of their business.