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

Shares of Fiera Capital Co. (TSE:FSZ) hit 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 trading hands. The stock had previously closed at C$5.19.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. 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. Desjardins decreased their price target 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. Finally, National Bank Financial lowered their price objective on Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Moderate Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$5.10.

Fiera Capital Stock Down 1.7%

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 company’s 50-day simple moving average is C$5.33 and its 200 day simple moving average is C$5.59. The firm has a market cap of C$540.93 million, a P/E ratio of 26.84, a price-to-earnings-growth ratio of -0.87 and a beta of 1.05.

Fiera Capital (TSE:FSZ) last released its quarterly earnings results on Friday, May 8th. The company reported C$0.21 earnings per share for the quarter. The company 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%. Research analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS 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.