Q3 EPS Estimates for Fiera Capital Lifted by Analyst

Fiera Capital Co. (TSE:FSZ - Free Report) - Equities researchers at National Bank Financial raised their Q3 2024 earnings per share estimates for shares of Fiera Capital in a research report issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings of $0.17 per share for the quarter, up from their prior 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.

Fiera Capital (TSE:FSZ - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.19 by C$0.04. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%. The firm had revenue of C$164.79 million during the quarter, compared to analysts' expectations of C$160.80 million.

Other research analysts have also recently issued reports about the company. Scotiabank boosted their price target on Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. National Bankshares boosted their target price on shares of Fiera Capital from C$8.00 to C$8.50 and gave the stock an "underperform" rating in a report on Wednesday. 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 research report on Thursday, October 24th. CIBC reduced their price target on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. Finally, BMO Capital Markets boosted their price target on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Tuesday. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of C$8.29.

Fiera Capital Price Performance

TSE:FSZ traded up C$0.12 on Friday, reaching C$9.83. 258,168 shares of the company's stock traded hands, compared to its average volume of 281,321. The firm has a market cap of C$862.58 million, a PE ratio of 17.98, a P/E/G ratio of -0.87 and a beta of 1.64. 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 stock has a 50-day simple moving average of C$8.26 and a 200-day simple moving average of C$7.75. Fiera Capital has a 12 month low of C$4.77 and a 12 month high of C$9.92.

Insider Transactions at Fiera Capital

In related news, Senior Officer John Valentini sold 28,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$8.57, for a total transaction of C$240,046.80. In other Fiera Capital news, Senior Officer John Valentini sold 28,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$8.57, for a total value of C$240,046.80. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business's stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total transaction of C$73,049.00. Insiders have sold a total of 207,400 shares of company stock worth $1,601,622 in the last three months. 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.