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

Fiera Capital Co. (TSE:FSZ) shares hit a new 52-week low during 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 Ratings Changes

Several research analysts have recently weighed in on the company. National Bank Financial decreased their price target on Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a research note on Monday, August 10th. TD reduced 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. Desjardins 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. Finally, Royal Bank Of Canada lowered their target price on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating on the stock in a research note on Monday, August 10th. One investment analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$4.45.

Fiera Capital Price Performance

The firm’s 50-day moving average is C$5.11 and its 200-day moving average is C$5.41. The company has a debt-to-equity ratio of 350.73, a current ratio of 1.55 and a quick ratio of 1.05. The company has a market capitalization of C$471.39 million, a P/E ratio of 24.72, a price-to-earnings-growth ratio of -0.87 and a beta of 1.04.

Fiera Capital (TSE:FSZ) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. The business 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%. 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.