Fiera Capital (TSE:FSZ) Sets New 12-Month Low – Should You Sell?

Fiera Capital Co. (TSE:FSZ) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$5.05 and last traded at C$5.08, with a volume of 352079 shares traded. The stock had previously closed at C$5.19.

Analyst Upgrades and Downgrades

FSZ has been the topic of a number of research analyst reports. Desjardins lowered their price objective on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating on the stock in a research report on Monday, April 27th. Royal Bank Of Canada set a C$6.00 target price on shares of Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. Finally, National Bank Financial dropped their price target on Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Moderate Buy rating, According to MarketBeat.com, Fiera Capital has a consensus rating of “Moderate Buy” and a consensus target price of C$5.10.

Fiera Capital Stock Performance

The business has a 50-day simple moving average of C$5.33 and a 200 day simple moving average of C$5.59. The company has a debt-to-equity ratio of 344.23, a current ratio of 21.93 and a quick ratio of 1.05. The firm has a market cap of C$540.93 million, a PE ratio of 26.84, a PEG ratio of -0.87 and a beta of 1.05.

Fiera Capital (TSE:FSZ) last posted 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 return on equity of 7.80% and a net margin of 5.98%. Equities research analysts forecast 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.