FirstService (TSE:FSV) Sets New 52-Week Low – Time to Sell?

FirstService Co. (TSE:FSV) (NASDAQ:FSV) shares hit a new 52-week low on Thursday . The company traded as low as C$202.54 and last traded at C$205.76, with a volume of 79466 shares changing hands. The stock had previously closed at C$205.51.

Analysts Set New Price Targets

Separately, TD Securities raised their price target on shares of FirstService from C$211.00 to C$217.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat, FirstService has an average rating of “Strong Buy” and a consensus price target of C$217.00.

FirstService Stock Down 0.5%

The company has a debt-to-equity ratio of 100.79, a current ratio of 15.15 and a quick ratio of 1.25. The business has a 50 day simple moving average of C$215.46 and a 200 day simple moving average of C$234.18. The stock has a market cap of C$9.35 billion, a PE ratio of 64.51, a P/E/G ratio of 107.75 and a beta of 0.78.

FirstService (TSE:FSV) (NASDAQ:FSV) last announced its quarterly earnings results on Wednesday, February 4th. The company reported C$1.88 earnings per share (EPS) for the quarter. FirstService had a return on equity of 11.33% and a net margin of 2.65%.The business had revenue of C$1.82 billion during the quarter. On average, equities research analysts forecast that FirstService Co. will post 7.5161189 EPS for the current fiscal year.

FirstService Company Profile

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue. FirstService Brands provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America.