This summary was created by AI, based on 4 opinions in the last 12 months.
Firstservice Corp (FSV-Q) has shown strong revenue growth and solid free cash flow generation. The company continues to reinvest heavily through acquisitions and is seen as a high-quality name in the real estate service field. Its low capex and strong balance sheet contribute to a targeted annual growth rate of around 10% going forward. The service excellence culture is driving customer retention and repeat business, reflected in high single-digit organic growth for the quarter and year-to-date. Overall, the company is performing well in a challenging operating environment, with consistent trends.
Longtime owner of shares in the company. Will continue to own shares - believes company still fairly valued. Recent M&A activity has been executed well. Expecting further growth in business. Good for long term investors. Strong management team.
FSV is now trading at 27.6x times forward P/E. In the 3Q, FSV’s revenue grew 16% to $1.12B (with 10% organic growth), beating estimates of $1.07B and EPS was $1.25, slightly missing estimates of $1.27. The balance sheet is strong, with net debt of $867M and a net debt/EBITDA of 1.9x. The company pays minimal dividends and continues to reinvest heavily through acquisitions. Overall, we think this was a pretty good quarter amid a challenging operating environment, quite consistent with previous trends. We continue to see FSV as a high-quality name in the real estate service field, with solid free cash flow generation, low capex, a strong balance sheet, and a targeted annual growth rate of around 10% going forward; we like the stock.
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It is a good company which provides many services such as those used by gated communities. There is still a good market available. Buy and Hold.
Unique Canadian company. Low capex. Lots of free cashflow. Growth is organic and by acquisition in a fragmented industry. They acquire cheaply, and this is key. Will continue to outperform over the next several years. Still a chance to buy now.
Service excellence culture drives customer retention, repeat business and word-of-mouth referral and our high single-digit organic growth for the quarter and year-to-date is a reflection of that.
Total revenues for the quarter were up 13% over the prior year with organic revenue growth at 8%, balanced about evenly between our 2 divisions, EBITDA for the quarter was $95.5 million, up modestly from 2021, reflecting a margin of 9.9% compared to 11.1% in the prior year.
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Does not know what the business does - despite stock recommendation.
Investment based on technical analysis.
Very strong resistant point.
Likes the look of chart.
If stock breaks neck line - will sell.
It is another owner operated business and puts good thought into the acquisitions it makes. It is building a national business in restoration which gives it significant more upside.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Reliable track record of growth gives comfort. Essential services revenue provides resilience. Premium valuation continues to be justified. Unlock Premium - Try 5i Free
Potential to improve margins. Proven, disciplined acquisition strategy. Low CapEx and working capital requirements. Conservative balance sheet. Unlock Premium - Try 5i Free
Firstservice Corp is a American stock, trading under the symbol FSV-Q on the NASDAQ (FSV). It is usually referred to as NASDAQ:FSV or FSV-Q
In the last year, 3 stock analysts published opinions about FSV-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Firstservice Corp.
Firstservice Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Firstservice 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 Firstservice Corp In the last year. It is a trending stock that is worth watching.
On 2024-10-11, Firstservice Corp (FSV-Q) stock closed at a price of $186.8.
FSV has had a rough couple of weeks, but it appears markets or rate related mostly, as there has been no negative company nor sector news. We would be quite comfortable chipping away on the buy side, assuming a decent timeframe of holding. With earnings out, there may not be significant catalysts in the short term, unless FSV makes an acquisition, which is always a possibility.
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