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New 52-Week Highs and Lows (Nov 14-20)This summary was created by AI, based on 4 opinions in the last 12 months.
Fiera Capital Corp (FSZ-T) is a Canadian asset management company that has been negatively affected by rising interest rates and debt-fuelled acquisitions. The company has seen outflows in business and its current share price is low. Experts believe that the company needs to be bigger in this type of business but there are better places to invest. The stock has seen low share prices and weaker AUM growth due to choppy markets, and it is currently moving sideways. Overall, it is facing challenges in maintaining its dividend and growing its business.
It is in the field of asset management and manages $164 billion in assets. It has grown by acquisition in the last while but the stock price is too low now for them to use it as currency for more acquisitions. It needs to be bigger in this type of business and there are better places to be.
Company seeing outflows in business.
Lots of debt negatively affected by rising interest rates.
Current share price very cheap.
Business moving sideways (not growing).
Prefer CI Financial/Guardian Capital.
Canadian asset manager that has seen low share price (higher interest rates).
AUM growth has been weaker due to choppy markets.
Cyclical business that will recover with flat interest rates.
Pays nearly a 7% yield. Cheap PE, too. They've grown by acquisition, owning hedge funds,. private equity, etc. But can they grow organically and increase margins? If they acquire, they must buy big companies to make enough of an impact. They also face heavy competition from ETFs and companies like Blackrock.
Fiera Capital Corp is a Canadian stock, trading under the symbol FSZ-T on the Toronto Stock Exchange (FSZ-CT). It is usually referred to as TSX:FSZ or FSZ-T
In the last year, 3 stock analysts published opinions about FSZ-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Fiera Capital Corp.
Fiera Capital Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Fiera Capital Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Fiera Capital Corp In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Fiera Capital Corp (FSZ-T) stock closed at a price of $8.26.
Doesn't pay a high dividend and carries a lot of debt. They do debt-fuelled acquisitions. He doubts they can maintain their dividend.