Fiera Capital (TSE:FSZ) Hits New 12-Month Low – What’s Next?

Fiera Capital Co. (TSE:FSZ)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$4.43 and last traded at C$4.45, with a volume of 329220 shares trading hands. The stock had previously closed at C$4.57.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. TD decreased their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday, August 10th. Royal Bank Of Canada dropped their price objective on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating for the company in a report on Monday, August 10th. National Bank Financial cut their target price on shares of 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. Finally, Desjardins reduced their target price on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Moderate Buy rating, According to data from MarketBeat.com, Fiera Capital currently has an average rating of “Moderate Buy” and a consensus price target of C$4.49.

Fiera Capital Stock Performance

The company has a market cap of C$475.63 million, a PE ratio of 24.94, a PEG ratio of -0.87 and a beta of 1.04. The business’s 50-day moving average is C$5.07 and its 200 day moving average is C$5.39. The company has a debt-to-equity ratio of 350.73, a quick ratio of 1.05 and a current ratio of 1.55.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share (EPS) for the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. The business had revenue of C$155.14 million during the quarter. On average, equities research analysts predict that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal 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.