Media coverage about FirstService Corporation (NASDAQ:FSV) (TSE:FSV) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FirstService Corporation earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.2323880538784 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
FirstService Corporation (NASDAQ:FSV) opened at 63.48 on Friday. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 50.78 and a beta of 0.91. FirstService Corporation has a 1-year low of $39.05 and a 1-year high of $67.41. The firm’s 50-day moving average price is $64.02 and its 200 day moving average price is $60.13.
FirstService Corporation (NASDAQ:FSV) (TSE:FSV) last released its earnings results on Wednesday, July 26th. The financial services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.11. The firm had revenue of $434.90 million during the quarter, compared to the consensus estimate of $421.35 million. FirstService Corporation had a return on equity of 24.64% and a net margin of 2.84%. The company’s revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. On average, analysts predict that FirstService Corporation will post $1.96 EPS for the current year.
A number of research analysts recently commented on FSV shares. BMO Capital Markets restated a “hold” rating and issued a $65.00 target price on shares of FirstService Corporation in a research note on Thursday, April 27th. Royal Bank Of Canada upped their target price on FirstService Corporation from $58.00 to $65.00 and gave the company an “outperform” rating in a research note on Thursday, April 27th. Raymond James Financial, Inc. upped their target price on FirstService Corporation from $61.00 to $63.00 and gave the company a “market perform” rating in a research note on Thursday, April 27th. BidaskClub lowered FirstService Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Zacks Investment Research lowered FirstService Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $67.00.
About FirstService Corporation
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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