FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment operates and provides essential property services to residential and commercial customers, through five franchise networks; and company-owned locations, including 20 California Closets, 12 Paul Davis Restoration, and 1 CertaPro Painters locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.
Analysts Set New Price Targets
A number of research firms recently issued reports on FSV. Raymond James lowered their target price on shares of FirstService from $200.00 to $175.00 and set an "outperform" rating on the stock in a research note on Thursday, April 28th. TD Securities decreased their price target on shares of FirstService from $145.00 to $140.00 and set a "hold" rating on the stock in a research report on Thursday, July 28th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, FirstService presently has an average rating of "Hold" and an average price target of $172.80.
FirstService Stock Performance
NASDAQ:FSV opened at $139.33 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.52 and a quick ratio of 1.57. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 49.23 and a beta of 1.00. The company's fifty day moving average is $126.40 and its two-hundred day moving average is $133.39. FirstService has a 52-week low of $112.64 and a 52-week high of $202.78.