FirstService Corporation (FSV) Earning Somewhat Positive Media Coverage, Study Finds
News coverage about FirstService Corporation (NASDAQ:FSV) (TSE:FSV) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. FirstService Corporation earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.9800357746389 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
FirstService Corporation (NASDAQ FSV) traded up 0.62% on Friday, hitting $63.48. 21,150 shares of the stock were exchanged. The firm has a market cap of $2.28 billion, a P/E ratio of 50.78 and a beta of 0.91. The company has a 50-day moving average of $64.02 and a 200 day moving average of $60.13. FirstService Corporation has a 12 month low of $39.05 and a 12 month high of $67.41.
FirstService Corporation (NASDAQ:FSV) (TSE:FSV) last announced its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.11. The firm had revenue of $434.90 million for the quarter, compared to the consensus estimate of $421.35 million. FirstService Corporation had a net margin of 2.84% and a return on equity of 24.64%. The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the firm earned $0.52 EPS. Equities research analysts expect that FirstService Corporation will post $1.96 earnings per share for the current fiscal year.
A number of research firms have recently commented on FSV. Raymond James Financial, Inc. boosted their price target on shares of FirstService Corporation from $63.00 to $65.00 and gave the company a “market perform” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of FirstService Corporation from a “hold” rating to a “strong-buy” rating and set a $73.00 price target for the company in a research report on Wednesday, August 2nd. Royal Bank Of Canada boosted their price target on shares of FirstService Corporation from $65.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. BidaskClub upgraded shares of FirstService Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, TheStreet upgraded shares of FirstService Corporation from a “c” rating to a “b-” rating in a research report on Wednesday, July 26th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $67.00.
ILLEGAL ACTIVITY WARNING: “FirstService Corporation (FSV) Earning Somewhat Positive Media Coverage, Study Finds” was published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://www.watchlistnews.com/firstservice-corporation-fsv-earning-somewhat-positive-media-coverage-study-finds/1479437.html.
FirstService Corporation Company Profile
Firstservice Corporation is a provider of residential property management and other essential property services to residential and commercial customers. The Company operates through two segments: FirstService Residential and FirstService Brands. FirstService Residential is a property manager and provides ancillary services in the areas of on-site staffing, including building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel, and landscaping; banking and insurance products, and energy conservation and management solutions.
Receive News & Ratings for FirstService Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstService Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.