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

Fiera Capital Co. (TSE:FSZ) shares hit a new 52-week low during trading on Friday . The company traded as low as C$5.10 and last traded at C$5.11, with a volume of 150820 shares traded. The stock had previously closed at C$5.15.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. National Bank Financial reduced their price objective on Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 12th. Royal Bank Of Canada set a C$6.00 target price on Fiera Capital and gave the stock a “sector perform” rating in a report on Tuesday, April 28th. TD Securities cut their target price on Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating on the stock in a research note on Friday, February 27th. Finally, Desjardins reduced their price target on 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 research analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.10.

Fiera Capital Trading Down 1.0%

The company has a debt-to-equity ratio of 344.23, a quick ratio of 1.05 and a current ratio of 21.93. The firm has a market cap of C$540.93 million, a PE ratio of 26.84, a price-to-earnings-growth ratio of -0.87 and a beta of 1.05. The stock has a 50-day simple moving average of C$5.47 and a two-hundred day simple moving average of C$5.69.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Friday, May 8th. The company reported C$0.21 earnings per share (EPS) for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. The firm had revenue of C$153.31 million for the quarter. As a group, sell-side 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.