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

Fiera Capital Co. (TSE:FSZ) shares hit a new 52-week low during mid-day 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. The stock had previously closed at C$5.15.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. National Bank Financial lowered their price target on shares of Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a report on Tuesday, May 12th. Desjardins decreased their price objective on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a research report on Monday, April 27th. Finally, 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 note on Tuesday, April 28th. One research analyst has rated the stock with a Moderate Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$5.10.

Fiera Capital Stock Down 1.0%

The stock has a 50 day simple moving average of C$5.46 and a 200 day simple moving average of C$5.69. 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 cap of C$540.93 million, a price-to-earnings ratio of 26.84, a PEG ratio of -0.87 and a beta of 1.05.

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