Fiera Capital (TSE:FSZ) Sets New 1-Year Low - Should You Sell?

Key Points

• Fiera Capital shares hit a new 52-week low, falling to C$4.43 and closing near C$4.45, below both their 50-day and 200-day moving averages.
• Analysts have broadly cut their price targets to C$5.00, while ratings range from “Hold” and “Sector Perform” to “Moderate Buy.” The consensus target is C$4.45, roughly in line with the current share price.
• The company reported quarterly EPS of C$0.03 on revenue of C$155.14 million, with a 5.93% net margin and 7.95% return on equity; its debt-to-equity ratio remains high at 350.73.

Fiera Capital Co. (TSE:FSZ - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as C$4.43 and last traded at C$4.45, with a volume of 329220 shares changing hands. The stock had previously closed at C$4.57.

Wall Street Analyst Weigh In

FSZ has been the subject of several research reports. TD decreased their target price on Fiera Capital from C$5.50 to C$5.00 and set a "hold" rating for the company in a research report on Monday, August 10th. Royal Bank Of Canada dropped their price target on Fiera Capital from C$6.00 to C$5.00 and set a "moderate buy" rating on the stock in a research report on Monday, August 10th. Desjardins decreased their price objective on Fiera Capital from C$5.50 to C$5.00 and set a "hold" rating for the company in a report on Monday, August 10th. Finally, National Bank Financial lowered their price objective on Fiera Capital from C$5.50 to C$5.00 and set a "sector perform" rating for the company in a research report on Monday, August 10th. One research analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$4.45.

Fiera Capital Price Performance

The firm has a fifty day moving average price of C$5.11 and a two-hundred day moving average price of C$5.41. The company has a quick ratio of 1.05, a current ratio of 1.55 and a debt-to-equity ratio of 350.73. The stock has a market capitalization of C$471.39 million, a P/E ratio of 24.72, a P/E/G ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$155.14 million for the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. On average, analysts expect that Fiera Capital Co. will post 1.0905563 EPS for the current year.

Fiera Capital Company Profile

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.

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