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

Fiera Capital Co. (TSE:FSZ)’s stock price reached a new 52-week low on Wednesday . The company traded as low as C$4.08 and last traded at C$4.12, with a volume of 284375 shares. The stock had previously closed at C$4.17.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on FSZ shares. National Bank Financial cut their target price on Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating on the stock in a research report on Monday, August 10th. TD dropped their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating for the company in a report on Monday, August 10th. Royal Bank Of Canada cut their target price on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating on the stock in a research note on Monday, August 10th. Finally, Desjardins reduced their target price on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday, August 10th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$4.14.

Fiera Capital Stock Down 0.7%

The firm has a market capitalization of C$439.11 million, a PE ratio of 23.00, a PEG ratio of -0.87 and a beta of 0.98. The business’s fifty day moving average price is C$4.84 and its 200 day moving average price is C$5.25. The company has a quick ratio of 1.05, a current ratio of 1.55 and a debt-to-equity ratio of 350.73.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.03 EPS for the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. The firm had revenue of C$155.14 million during the quarter. On average, 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.