FirstService Corporation (NASDAQ: FSV) is -35.42% lower on its value in year-to-date trading and has touched a low of $112.64 and a high of $202.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSV stock was last observed hovering at around $125.08 in the last trading session, with the day’s gains setting it 1.8% off its average median price target of $147.50 for the next 12 months. It is also 20.7% off the consensus price target high of $160.00 offered by 7 analysts, but current levels are 8.06% higher than the price target low of $138.00 for the same period.
Currently trading at $126.88, the stock is 3.63% and 3.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 38407.0 and changing 1.44% at the moment leaves the stock -18.74% off its SMA200. FSV registered -29.72% loss for a year compared to 6-month loss of -25.47%. The firm has a 50-day simple moving average (SMA 50) of $1.83 and a 200-day simple moving average (SMA200) of $19.28.
The stock witnessed a 5.65% gain in the last 1 month and extending the period to 3 months gives it a -6.66%, and is 0.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.73% over the week and 3.45% over the month.
FirstService Corporation (FSV) has around 25000 employees, a market worth around $7.44B and $4.42B in sales. Current P/E ratio is 33.75 and Fwd P/E is 25.35. Profit margin for the company is 3.80%. Distance from 52-week low is 12.64% and -37.43% from its 52-week high. The company has generated returns on investments over the last 12 months (11.10%).
FirstService Corporation (FSV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for FirstService Corporation (FSV) is a “Hold”. 7 analysts offering their recommendations for the stock have an average rating of 3.00, where 5 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
FirstService Corporation is expected to release its quarterly report on 10/26/2022.The EPS is expected to grow by 50.70% this year.
FirstService Corporation (FSV) Top Institutional Holders
The shares outstanding are 44.09M, and float is at 38.83M with Short Float at 0.45%.