Firstservice Corp Stock Buy Hold or Sell Recommendation
FSV Stock | USD 154.79 1.52 0.99% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding FirstService Corp is 'Cautious Hold'. Macroaxis provides FirstService Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FSV positions. The advice algorithm takes into account all of FirstService Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting FirstService Corp's buy or sell advice are summarized below:
Real Value 164.11 | Target Price 171.25 | Hype Value 153.8 | Market Value 154.79 | Naive Value 155.69 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell FirstService Corp given historical horizon and risk tolerance towards FirstService Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for FirstService Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
FirstService |
Execute FirstService Corp Buy or Sell Advice
The FirstService recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on FirstService Corp. Macroaxis does not own or have any residual interests in FirstService Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute FirstService Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
FirstService Corp Trading Alerts and Improvement Suggestions
FirstService Corp generated a negative expected return over the last 90 days | |
Over 77.0% of the company shares are owned by institutional investors | |
On 5th of April 2024 FirstService Corp paid $ 0.25 per share dividend to its current shareholders | |
Latest headline from seekingalpha.com: |
FirstService Corp Returns Distribution Density
The distribution of FirstService Corp's historical returns is an attempt to chart the uncertainty of FirstService Corp's future price movements. The chart of the probability distribution of FirstService Corp daily returns describes the distribution of returns around its average expected value. We use FirstService Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of FirstService Corp returns is essential to provide solid investment advice for FirstService Corp.
Mean Return | -0.09 | Value At Risk | -2.08 | Potential Upside | 1.84 | Standard Deviation | 1.19 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of FirstService Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
FirstService Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as FirstService Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading FirstService Corp backward and forwards among themselves. FirstService Corp's institutional investor refers to the entity that pools money to purchase FirstService Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Goldman Sachs Group Inc | 2023-12-31 | 676.2 K | Renaissance Technologies Corp | 2023-12-31 | 646.2 K | Cibc Global Asset Management Inc | 2023-12-31 | 520.4 K | Norges Bank | 2023-12-31 | 509.2 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 504.3 K | Cibc World Markets Inc. | 2023-12-31 | 476.4 K | Royce & Associates, Lp | 2023-12-31 | 450.3 K | American Century Companies Inc | 2023-12-31 | 443.8 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 417.5 K | Durable Capital Partners Lp | 2023-12-31 | 2.9 M | Mackenzie Investments | 2023-12-31 | 2.4 M |
FirstService Corp Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (7.1M) | (44.2M) | (15.5M) | (71.5M) | 22.6M | 23.8M | |
Change In Cash | 54.4M | 74.6M | (14.7M) | (34.9M) | 46.5M | 48.9M | |
Free Cash Flow | 61.2M | 252.4M | 109.1M | 28.3M | 191.1M | 200.6M | |
Depreciation | 79.6M | 98.4M | 99.0M | 110.1M | 130.3M | 69.9M | |
Other Non Cash Items | 292.0M | 12.3M | (7.1M) | (594K) | 55.7M | 58.5M | |
Dividends Paid | 22.0M | 27.4M | 31.2M | 34.9M | 39.8M | 20.0M | |
Capital Expenditures | 46.6M | 39.4M | 58.2M | 77.6M | 94.4M | 99.2M | |
Net Income | (227.6M) | 109.6M | 156.1M | 145.0M | 102.2M | 58.3M | |
End Period Cash Flow | 134.3M | 208.9M | 194.3M | 159.3M | 205.8M | 125.5M | |
Net Borrowings | 429.9M | (179.3M) | 62.1M | 80.2M | 92.2M | 55.7M | |
Change To Netincome | 268.8M | 16.6M | 11.2M | 49.7M | 57.2M | 51.4M | |
Investments | (615.0M) | (142.3M) | (206.3M) | (160.8M) | (262.5M) | (275.7M) |
FirstService Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to FirstService Corp or Real Estate Management & Development sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that FirstService Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a FirstService stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.22 | |
β | Beta against NYSE Composite | 1.31 | |
σ | Overall volatility | 1.21 | |
Ir | Information ratio | -0.16 |
FirstService Corp Volatility Alert
FirstService Corp exhibits very low volatility with skewness of -0.11 and kurtosis of -0.58. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure FirstService Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact FirstService Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.FirstService Corp Fundamentals Vs Peers
Comparing FirstService Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze FirstService Corp's direct or indirect competition across all of the common fundamentals between FirstService Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as FirstService Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of FirstService Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing FirstService Corp by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare FirstService Corp to competition |
Fundamentals | FirstService Corp | Peer Average |
Return On Equity | 0.12 | -0.31 |
Return On Asset | 0.052 | -0.14 |
Profit Margin | 0.02 % | (1.27) % |
Operating Margin | 0.06 % | (5.51) % |
Current Valuation | 8.46 B | 16.62 B |
Shares Outstanding | 44.97 M | 571.82 M |
Shares Owned By Insiders | 10.29 % | 10.09 % |
Shares Owned By Institutions | 76.77 % | 39.21 % |
Number Of Shares Shorted | 202.22 K | 4.71 M |
Price To Earning | 53.33 X | 28.72 X |
Price To Book | 6.77 X | 9.51 X |
Price To Sales | 1.61 X | 11.42 X |
Revenue | 4.41 B | 9.43 B |
Gross Profit | 1.18 B | 27.38 B |
EBITDA | 401.57 M | 3.9 B |
Net Income | 102.23 M | 570.98 M |
Cash And Equivalents | 160.48 M | 2.7 B |
Cash Per Share | 3.63 X | 5.01 X |
Total Debt | 1.41 B | 5.32 B |
Debt To Equity | 0.83 % | 48.70 % |
Current Ratio | 1.77 X | 2.16 X |
Book Value Per Share | 22.92 X | 1.93 K |
Cash Flow From Operations | 285.5 M | 971.22 M |
Short Ratio | 2.76 X | 4.00 X |
Earnings Per Share | 2.24 X | 3.12 X |
Price To Earnings To Growth | 2.17 X | 4.89 X |
Target Price | 176.57 | |
Number Of Employees | 29 K | 18.84 K |
Beta | 0.9 | -0.15 |
Market Capitalization | 6.84 B | 19.03 B |
Total Asset | 3.61 B | 29.47 B |
Retained Earnings | 77.08 M | 9.33 B |
Working Capital | 590.23 M | 1.48 B |
FirstService Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as FirstService . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About FirstService Corp Buy or Sell Advice
When is the right time to buy or sell FirstService Corp? Buying financial instruments such as FirstService Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 823.2M | 952.2M | 1.4B | 1.5B | Total Assets | 2.5B | 2.8B | 3.6B | 3.8B |
Use Investing Ideas to Build Portfolios
In addition to having FirstService Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cleaning
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cleaning Theme or any other thematic opportunities.
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Check out FirstService Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running FirstService Corp's price analysis, check to measure FirstService Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstService Corp is operating at the current time. Most of FirstService Corp's value examination focuses on studying past and present price action to predict the probability of FirstService Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstService Corp's price. Additionally, you may evaluate how the addition of FirstService Corp to your portfolios can decrease your overall portfolio volatility.
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Is FirstService Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstService Corp. If investors know FirstService will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstService Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.84) | Dividend Share 0.9 | Earnings Share 2.24 | Revenue Per Share 97.282 | Quarterly Revenue Growth 0.058 |
The market value of FirstService Corp is measured differently than its book value, which is the value of FirstService that is recorded on the company's balance sheet. Investors also form their own opinion of FirstService Corp's value that differs from its market value or its book value, called intrinsic value, which is FirstService Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstService Corp's market value can be influenced by many factors that don't directly affect FirstService Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.