Fiera Capital (TSE:FSZ) Hits New 1-Year Low – What’s Next?

Fiera Capital Co. (TSE:FSZ)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$5.05 and last traded at C$5.08, with a volume of 352079 shares. The stock had previously closed at C$5.19.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on FSZ shares. National Bank Financial cut their price objective on shares of Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 12th. Royal Bank Of Canada set a C$6.00 target price on shares of Fiera Capital and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Finally, Desjardins reduced their target price on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a report on Monday, April 27th. One equities research analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat.com, Fiera Capital presently has an average rating of “Moderate Buy” and an average price target of C$4.72.

Fiera Capital Stock Down 6.5%

The company has a quick ratio of 1.05, a current ratio of 21.93 and a debt-to-equity ratio of 344.23. The stock has a market capitalization of C$500.63 million, a price-to-earnings ratio of 24.84, a price-to-earnings-growth ratio of -0.87 and a beta of 1.05. The business’s 50-day moving average is C$5.30 and its two-hundred day moving average is C$5.57.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Friday, May 8th. The company reported C$0.21 earnings per share (EPS) for the quarter. The firm had revenue of C$153.31 million during the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. Equities analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS for the current year.

About Fiera Capital

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.