At the time of writing, FirstService Corp [FSV] stock is trading at $196.62, up 0.54%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FSV shares have gain 9.44% over the last week, with a monthly amount glided 13.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BMO Capital Markets upgraded its rating to Outperform on June 30, 2023, and elevated its price target to $176. On April 27, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $170 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $165 on April 19, 2023. Deutsche Bank started tracking with a Hold rating for this stock on March 30, 2022, and assigned it a price target of $143. In a note dated January 24, 2022, Raymond James upgraded an Outperform rating on this stock and boosted its target price from $195 to $200.
For the past year, the stock price of FirstService Corp fluctuated between $153.13 and $201.10. Currently, Wall Street analysts expect the stock to reach $200 within the next 12 months. FirstService Corp [NASDAQ: FSV] shares were valued at $196.62 at the most recent close of the market. An investor can expect a potential return of 1.72% based on the average FSV price forecast.
Analyzing the FSV fundamentals
According to FirstService Corp [NASDAQ:FSV], the company’s sales were 5.43B for trailing twelve months, which represents an 9.12% jump. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.16 and Total Capital is 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 195.36 points at the first support level, and at 194.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 198.62, and for the 2nd resistance point, it is at 200.62.
Ratios To Look Out For
It is important to note that FirstService Corp [NASDAQ:FSV] has a current ratio of 1.74. In addition, the Quick Ratio stands at 1.60 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 1.65, the price to book ratio is 7.41 and price to earnings (TTM) ratio is 63.04.
