Desjardins Has Bullish Outlook for Fiera Capital Q4 Earnings

Fiera Capital Co. (TSE:FSZ) – Equities research analysts at Desjardins increased their Q4 2024 EPS estimates for Fiera Capital in a research report issued on Wednesday, October 23rd. Desjardins analyst G. Ho now expects that the company will earn $0.33 per share for the quarter, up from their prior estimate of $0.32. Desjardins currently has a “Hold” rating and a $9.00 target price on the stock. The consensus estimate for Fiera Capital’s current full-year earnings is $1.09 per share. Desjardins also issued estimates for Fiera Capital’s FY2026 earnings at $1.17 EPS.

FSZ has been the subject of several other reports. Scotiabank boosted their price objective on Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. CIBC cut their price objective on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. National Bankshares cut shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and raised their price objective for the company from C$7.00 to C$8.00 in a research note on Monday, July 29th. National Bank Financial cut shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. Finally, TD Securities cut their target price on Fiera Capital from C$8.00 to C$7.50 in a research note on Thursday, August 8th. Two analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$8.14.

Fiera Capital Trading Up 3.1 %

Shares of FSZ opened at C$9.26 on Friday. The stock’s fifty day simple moving average is C$8.07 and its 200-day simple moving average is C$7.69. The firm has a market capitalization of C$812.57 million, a PE ratio of 17.15, a price-to-earnings-growth ratio of -0.87 and a beta of 1.64. Fiera Capital has a 12-month low of C$4.32 and a 12-month high of C$9.32. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 259.56.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%.

Insider Buying and Selling at Fiera Capital

In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the 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. In other Fiera Capital news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was 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 on 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 quarter, insiders have sold 207,400 shares of company stock valued at $1,601,622. 0.86% of the stock is currently owned by corporate insiders.

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.