Free Trial

StockNews.com Downgrades FirstService (NASDAQ:FSV) to Hold

FirstService logo with Finance background

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Thursday.

Separately, Raymond James boosted their price target on shares of FirstService from $215.00 to $225.00 and gave the stock an "outperform" rating in a report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $201.67.

View Our Latest Analysis on FSV

FirstService Stock Down 1.7 %

Shares of NASDAQ:FSV traded down $2.86 during mid-day trading on Thursday, hitting $166.05. 168,178 shares of the company traded hands, compared to its average volume of 102,204. The stock has a 50-day moving average price of $174.82 and a two-hundred day moving average price of $181.42. FirstService has a 12-month low of $141.26 and a 12-month high of $197.84. The stock has a market cap of $7.55 billion, a P/E ratio of 55.91 and a beta of 1.12. The company has a current ratio of 1.75, a quick ratio of 1.79 and a debt-to-equity ratio of 1.09.

Institutional Trading of FirstService

A number of large investors have recently added to or reduced their stakes in the stock. Versant Capital Management Inc bought a new position in shares of FirstService during the 4th quarter valued at approximately $29,000. Trust Co. of Vermont purchased a new stake in FirstService in the fourth quarter worth $46,000. Wilmington Savings Fund Society FSB purchased a new position in shares of FirstService during the 3rd quarter valued at $53,000. Natixis grew its stake in shares of FirstService by 5,511.1% during the 4th quarter. Natixis now owns 505 shares of the financial services provider's stock worth $91,000 after acquiring an additional 496 shares during the period. Finally, State of Wyoming purchased a new stake in FirstService in the 4th quarter worth about $101,000. Hedge funds and other institutional investors own 69.35% of the company's stock.

FirstService Company Profile

(Get Free Report)

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.

Featured Articles

Analyst Recommendations for FirstService (NASDAQ:FSV)

Should You Invest $1,000 in FirstService Right Now?

Before you consider FirstService, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FirstService wasn't on the list.

While FirstService currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping
After Stellar Earnings, Is TSMC the Next Chip Leader?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines