Fairfax Financial (TSE:FFH) Stock Crosses Below 50-Day Moving Average - Should You Sell?

Key Points

• Fairfax Financial's stock crossed below its 50‑day moving average, last trading at C$2,436.42 versus the 50‑day MA of C$2,463.78 (200‑day MA C$2,418.42) on volume of 119,835 shares.
• Analyst sentiment is broadly positive with five Buy ratings and one Hold, a consensus "Moderate Buy" and an average target price of C$2,764.29 (individual targets range roughly C$2,600–C$3,200).
• Fundamentals: market cap C$53.91 billion, P/E 11.8, recent quarterly EPS C$52.04 with a 17.43% ROE and 13.9% net margin, and sell‑side forecasts projecting about 212.30 EPS for the current fiscal year.

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2,463.78 and traded as low as C$2,436.42. Fairfax Financial shares last traded at C$2,436.42, with a volume of 119,835 shares changing hands.

Wall Street Analysts Forecast Growth

FFH has been the subject of a number of research analyst reports. Raymond James Financial cut their price target on shares of Fairfax Financial from C$3,050.00 to C$2,900.00 in a report on Monday, November 10th. National Bankshares upped their target price on shares of Fairfax Financial from C$3,000.00 to C$3,200.00 and gave the stock an "outperform" rating in a research report on Monday, October 27th. BMO Capital Markets dropped their target price on shares of Fairfax Financial from C$2,700.00 to C$2,600.00 in a report on Monday, November 10th. Finally, Scotiabank boosted their price target on Fairfax Financial from C$2,900.00 to C$3,050.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$2,764.29.

Fairfax Financial Stock Performance

The stock has a market capitalization of C$53.91 billion, a PE ratio of 11.80, a P/E/G ratio of 0.27 and a beta of 0.40. The company's fifty day simple moving average is C$2,463.78 and its two-hundred day simple moving average is C$2,418.42.

Fairfax Financial (TSE:FFH - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported C$52.04 EPS for the quarter. Fairfax Financial had a net margin of 13.90% and a return on equity of 17.43%. The business had revenue of C$17.72 billion for the quarter. Sell-side analysts forecast that Fairfax Financial Holdings Limited will post 212.3039807 EPS for the current fiscal year.

About Fairfax Financial

Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

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