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

Fiera Capital Co. (TSE:FSZ)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$4.43 and last traded at C$4.46, with a volume of 587125 shares traded. The stock had previously closed at C$4.75.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. National Bank Financial dropped their price objective on shares of Fiera Capital from C$6.00 to C$5.50 and set a “sector perform” rating for the company in a research note on Monday, July 27th. 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. Finally, Desjardins lowered their target price on Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating on the stock in a report on Monday, April 27th. One equities research analyst has rated the stock with a Moderate Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$4.51.

Fiera Capital Price Performance

The stock’s fifty day moving average price is C$5.19 and its 200-day moving average price is C$5.48. The firm has a market cap of C$478.35 million, a price-to-earnings ratio of 23.74, a P/E/G ratio of -0.87 and a beta of 1.04. The company has a current ratio of 21.93, a quick ratio of 1.05 and a debt-to-equity ratio of 344.23.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Friday, August 7th. The company reported C$0.03 EPS for the quarter. The firm had revenue of C$155.14 million for the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%. As a group, equities research analysts forecast 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.