FirstService (FSV) Given Daily Coverage Optimism Score of 0.17
Press coverage about FirstService (NASDAQ:FSV) (TSE:FSV) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FirstService earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.7413483915277 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of FirstService stock opened at $71.36 on Thursday. The firm has a market cap of $2,513.30, a P/E ratio of 49.21 and a beta of 0.52. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.33. FirstService has a 12-month low of $57.17 and a 12-month high of $74.49.
FirstService (NASDAQ:FSV) (TSE:FSV) last issued its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $438.10 million during the quarter, compared to the consensus estimate of $416.13 million. FirstService had a net margin of 3.11% and a return on equity of 29.64%. The company’s revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 EPS. research analysts expect that FirstService will post 2.65 earnings per share for the current fiscal year.
A number of brokerages recently issued reports on FSV. William Blair reiterated a “market perform” rating on shares of FirstService in a research note on Thursday, February 1st. BidaskClub downgraded shares of FirstService from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. Royal Bank of Canada lifted their price target on shares of FirstService from $75.00 to $78.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 8th. Finally, Zacks Investment Research upgraded shares of FirstService from a “strong sell” rating to a “buy” rating and set a $77.00 price target for the company in a research note on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. FirstService currently has a consensus rating of “Hold” and a consensus price target of $69.20.
FirstService 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.
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