Q3 EPS Estimates for Fiera Capital Raised by Analyst

Fiera Capital Co. (TSE:FSZ) – National Bank Financial raised their Q3 2024 earnings per share (EPS) estimates for shares of Fiera Capital in a research note issued to investors on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings per share of $0.17 for the quarter, up from their previous estimate of $0.13. National Bank Financial currently has a “Strong Sell” rating on the stock. The consensus estimate for Fiera Capital’s current full-year earnings is $1.09 per share. National Bank Financial also issued estimates for Fiera Capital’s Q4 2024 earnings at $0.39 EPS and FY2025 earnings at $0.92 EPS.

Other analysts have also recently issued reports about the company. TD Securities lowered their price target on Fiera Capital from C$8.00 to C$7.50 in a research report on Thursday, August 8th. Desjardins upped their target price on shares of Fiera Capital from C$7.75 to C$9.00 and gave the stock a “hold” rating in a report on Thursday, October 24th. National Bankshares lifted their price target on shares of Fiera Capital from C$8.00 to C$8.50 and gave the company an “underperform” rating in a report on Wednesday. CIBC decreased their price objective on shares of Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. Finally, Scotiabank raised their price objective on shares of Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. Two analysts have rated the stock with a sell rating and six have issued a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$8.29.

Fiera Capital Stock Performance

TSE:FSZ opened at C$9.71 on Friday. Fiera Capital has a 12-month low of C$4.63 and a 12-month high of C$9.90. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56. The firm has a 50-day moving average price of C$8.26 and a 200 day moving average price of C$7.75. The firm has a market capitalization of C$852.05 million, a PE ratio of 17.98, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.19 by C$0.04. The firm had revenue of C$164.79 million for the quarter, compared to analyst estimates of C$160.80 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%.

Insider Transactions at Fiera Capital

In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total value of C$73,049.00. In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00. Also, Senior Officer John Valentini sold 10,400 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$7.90, for a total transaction of C$82,164.16. Over the last three months, insiders have sold 207,400 shares of company stock worth $1,601,622. Corporate insiders own 0.86% of the company’s stock.

Fiera Capital Company Profile

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.