
TSE:FSV
This summary was created by AI, based on 10 opinions in the last 12 months.
Firstservice Corp (FSV-T) is recognized as a compounder stock primarily growing through acquisitions within the fragmented property management and services sector. Analysts highlight its strong earnings stability and disciplined approach to mergers and acquisitions, which suggest considerable room for growth. However, the company has faced challenges due to a lack of significant weather events that would stimulate its property restoration business, leading to concerns regarding current valuation levels. Despite being perceived as a 'good company/bad stock' by some experts, many advocate for a long-term investment strategy and suggest that recent price drops may present a favorable entry point. The general sentiment reflects a preference for gradual accumulation rather than immediate selling, with various analysts offering optimistic long-term price targets.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat expectations by 7% and earnings per share by 33%. Year over year, revenues rose 10%, which is impressive considering today’s world. The outlook will improve with the economy. A solid investment. Unlock Premium - Try 5i Free
A unique Canadian company. Disciplined management makes good acquisitions, but the stock fell on their last earnings report with higher labor costs (that they passed onto their customers). They also do property management--there's room to grow in this space, because there remains lots of mom-and-pop businesses to buy. Their contracts are like annuities, renewed each year. FSV had issues with execution, but he's confident they'll sort this out. FSV manages a lot of gated communities in the US and apartment buildings.
It looks like it's broken out and could go up to $130. He would look into it more on the fundamental side though. Sometimes, companies finds a footing and then loses it, like Blackberry. He would personally stay away from it.