TSE:FSV
208.54
2.90
(1.41%)
Analysis and Opinions about FSV-T
Signal
Opinion
Expert
Chart
COMMENT
COMMENT
April 6, 2021
He's long owned this. Some of their businesses are maintaining apartment buildings, but also gated communities in the US. They have little capital expenditure and they hold asset-lite businesses. They've grown organically and buy mom and pop businesses as well as tuck-in acquisitions. Plus they operate a franchise business that continues to grow. Office buildings won't go away--they will still need to be serviced post-Covid, so that's not an issue, though occupants may want to pay less for these spaces and that could become an issue.
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He's long owned this. Some of their businesses are maintaining apartment buildings, but also gated communities in the US. They have little capital expenditure and they hold asset-lite businesses. They've grown organically and buy mom and pop businesses as well as tuck-in acquisitions. Plus they operate a franchise business that continues to grow. Office buildings won't go away--they will still need to be serviced post-Covid, so that's not an issue, though occupants may want to pay less for these spaces and that could become an issue.
PAST TOP PICK
PAST TOP PICK
February 17, 2021
(A Top Pick Jan 22/20, Up 44%) Continues to impress. Management team is one of top 10 in Canada. Renovations are a great tailwind for them. Property management is stable source of revenue. Great balance sheet. Keep holding.
Show full opinionHide full opinion(A Top Pick Jan 22/20, Up 44%) Continues to impress. Management team is one of top 10 in Canada. Renovations are a great tailwind for them. Property management is stable source of revenue. Great balance sheet. Keep holding.
BUY WEAKNESS
BUY WEAKNESS
January 27, 2021
Has long held this. Great company, but it's always traded at a high multiple. Given the high PE, shareholders sell hard on any bad news, so he adds when it suffers a 5-10% pullback, like a bad quarter. Is a capital-lite business that grows organically plus through tuck-in buys. Great management which owns a lot of stock.
Show full opinionHide full opinionHas long held this. Great company, but it's always traded at a high multiple. Given the high PE, shareholders sell hard on any bad news, so he adds when it suffers a 5-10% pullback, like a bad quarter. Is a capital-lite business that grows organically plus through tuck-in buys. Great management which owns a lot of stock.
PAST TOP PICK
PAST TOP PICK
December 24, 2020
(A Top Pick Dec 19/19, Up 44%) Property management plus franchises like California Closets. Capital light. Grow organically and by acquisition. Fragmented industry, so a lot of opportunity for bolt-on acquisitions. Very strong management. Great Canadian business. Buy when volatility creates dips.
Show full opinionHide full opinion(A Top Pick Dec 19/19, Up 44%) Property management plus franchises like California Closets. Capital light. Grow organically and by acquisition. Fragmented industry, so a lot of opportunity for bolt-on acquisitions. Very strong management. Great Canadian business. Buy when volatility creates dips.
PAST TOP PICK
PAST TOP PICK
November 25, 2020
(A Top Pick Nov 19/19, Up 39%) Dropped recently on rotation out of quality and higher beta names. Has grown revenues. Getting into restoration, a huge addressable market. Likes management very much. Expensive valuation, but you'll do fine.
Show full opinionHide full opinion(A Top Pick Nov 19/19, Up 39%) Dropped recently on rotation out of quality and higher beta names. Has grown revenues. Getting into restoration, a huge addressable market. Likes management very much. Expensive valuation, but you'll do fine.
BUY
BUY
October 30, 2020
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
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
PAST TOP PICK
PAST TOP PICK
October 26, 2020
(A Top Pick Nov 05/19, Up 46%) It is a great Canadian Company. He likes that it. It is asset light and has little fixed costs. They grew the business through organic growth and tuck-in acquisitions. Buy it now on weakness. They continue to execute incredibly well.
Show full opinionHide full opinion(A Top Pick Nov 05/19, Up 46%) It is a great Canadian Company. He likes that it. It is asset light and has little fixed costs. They grew the business through organic growth and tuck-in acquisitions. Buy it now on weakness. They continue to execute incredibly well.
TOP PICK
TOP PICK
July 21, 2020
An asset-lilte business with little capex, which is a huge plus. It grows by acquisition and organically. The market is fragmented, so they have a lot of room to grow by acquisition. They can grow their franchise and residential property businesses. (Analysts’ price target is $100.00)
Show full opinionHide full opinionAn asset-lilte business with little capex, which is a huge plus. It grows by acquisition and organically. The market is fragmented, so they have a lot of room to grow by acquisition. They can grow their franchise and residential property businesses. (Analysts’ price target is $100.00)
BUY
BUY
June 15, 2020
If the tree is growing, treat it nicely. Don't cut it down because it is growing. FSV-T is growing because of strong management. People have to live somewhere. The communities need property management services. They have a smart management team.
Show full opinionHide full opinionIf the tree is growing, treat it nicely. Don't cut it down because it is growing. FSV-T is growing because of strong management. People have to live somewhere. The communities need property management services. They have a smart management team.
BUY
BUY
May 11, 2020
It is a premier Canadian company. They take care of these tall gated communities. The commercial part of the business will continue to generate revenues for them. He really likes it
Show full opinionHide full opinionIt is a premier Canadian company. They take care of these tall gated communities. The commercial part of the business will continue to generate revenues for them. He really likes it
BUY
BUY
February 6, 2020
Missed last quarter's earnings and down 15-20%. This quarter was great, and now it's making new highs. Great Canadian company, lots of free cash flow, asset light. Tuck in acquisitions and grow organically. Good growth coming along. They'll do well over the next little while.
Show full opinionHide full opinionMissed last quarter's earnings and down 15-20%. This quarter was great, and now it's making new highs. Great Canadian company, lots of free cash flow, asset light. Tuck in acquisitions and grow organically. Good growth coming along. They'll do well over the next little while.
TOP PICK
TOP PICK
January 22, 2020
Managers have been excellent capital allocators. They stumbled in the last quarter regarding their restoration business, but bad weather made that quarter look worse than it really was. He expects they will grow their restoration business. It's stalled now, so now is a good opportunity to buy. (Analysts’ price target is $134.83)
Show full opinionHide full opinionManagers have been excellent capital allocators. They stumbled in the last quarter regarding their restoration business, but bad weather made that quarter look worse than it really was. He expects they will grow their restoration business. It's stalled now, so now is a good opportunity to buy. (Analysts’ price target is $134.83)
BUY
BUY
January 8, 2020
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.
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.
DON'T BUY
DON'T BUY
January 3, 2020
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.
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.
WEAK BUY
WEAK BUY
December 31, 2019
A fine growth by acquisition story, buying in the US. Lots of insider ownership, too. Managers are great growing FSV. He sold his shares when the multiple rose; margins don't get high in this business. This is still a good long-term opportunity. A few weak quarters have made this worth looking at.
Show full opinionHide full opinionA fine growth by acquisition story, buying in the US. Lots of insider ownership, too. Managers are great growing FSV. He sold his shares when the multiple rose; margins don't get high in this business. This is still a good long-term opportunity. A few weak quarters have made this worth looking at.
Firstservice Corp(FSV-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 8
Firstservice Corp(FSV-T) Frequently Asked Questions
What is Firstservice Corp stock symbol?
Firstservice Corp is a Canadian stock, trading under the symbol FSV-T on the Toronto Stock Exchange (FSV-CT). It is usually referred to as TSX:FSV or FSV-T
Is Firstservice Corp a buy or a sell?
In the last year, 8 stock analysts published opinions about FSV-T. 8 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.
Is Firstservice Corp a good investment or a top pick?
Firstservice Corp was recommended as a Top Pick by Paul Harris, CFA on 2021-04-06. Read the latest stock experts ratings for Firstservice Corp.
Why is Firstservice Corp stock dropping?
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.
Is Firstservice Corp worth watching?
8 stock analysts on Stockchase covered Firstservice Corp In the last year. It is a trending stock that is worth watching.
What is Firstservice Corp stock price?
On 2021-04-22, Firstservice Corp (FSV-T) stock closed at a price of $208.54.
