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Nervous markets await NvidiaThis summary was created by AI, based on 4 opinions in the last 12 months.
Firstservice Corp (FSV-T) has garnered positive attention from various experts, each highlighting its well-managed operations and consistent growth prospects. Many emphasize its resilience amidst economic fluctuations, such as a slowing US economy and high interest rates, which have impacted home-related businesses. Despite some analysts noting a rich valuation, they acknowledge the company's unique strategy of acquiring and expanding within new markets, which has historically driven growth. This long-term approach allows Firstservice to generate cash flow that exceeds its operational needs, providing a robust runway for future expansion. However, concerns remain regarding the stock's recent performance against lofty expectations, particularly in light of external economic factors and potential vulnerabilities to a housing market downturn.
Really well run, very good compounder. Likes the business, always on his watchlist, but it always trades as such a rich valuation. Strong growth profile, but valuation exceeds it. If you can get it at the right price, hold for a long time because huge runway ahead.
Largely insulated from tariffs, as services take place locally whether Canada or US. Only hiccup would be if housing materials were hit by tariffs; still, labour costs (not subject to tariffs) are the bulk of renovation expenses. Would be sensitive, however, to a broader economic turndown.
First bought in 1998. It had a simple strategy, and was overlooked in the market. Over 26 years, has executed its strategy bigger and bigger -- buy into a new market, buy a business that fits in, build that position. Repeat. Grows at 4% per annum, and a further 15% or so a year because cash generated is not needed to maintain the business.
Surprisingly, hasn't met his goals for return performance. But starting points do matter, and it ran up dramatically prior to pandemic, so maybe it got a little pricey. Restoration business suffered due to good weather. Long-term thesis. Serial acquirer. ("Genius") founder run and owned.
Economies of scale. Market leader. Serial acquirer and compounder. Near recession-proof. Inflation-protected contracts. With more damage from climate change events, building a juggernaut restoration service, which has the potential to be a national player. Still small market share. Not cheap, never will be. Still in early innings. Yield is 0.63%.
(Analysts’ price target is $220.83)Valuation isn't super-cheap, but has checked back to an attractive level. Property management plus various brand-name services. One interesting division is Century Fire, which checks fire extinguishers. Grows by acquisition, funded by free cashflow. Yield is 0.64%.
(Analysts’ price target is $207.82)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
In the last year, 9 stock analysts published opinions about FSV-T. 3 analysts recommended to BUY the stock. 3 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.
9 stock analysts on Stockchase covered Firstservice Corp In the last year. It is a trending stock that is worth watching.
On 2025-04-25, Firstservice Corp (FSV-T) stock closed at a price of $237.23.
Loves what management is doing. Slower US economy and high interest rates have slowed home-related businesses. Reported very strong earnings and strong guidance, stock pulled back (not sure why). Excited by the long-term runway.