Firstservice Corp

FSV-T

Analysis and Opinions about FSV-T

Signal
Opinion
Expert
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
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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
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.
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Firstservice Corp (FSV-T)
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.
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)
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Firstservice Corp (FSV-T)
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)
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.

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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.

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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.
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Firstservice Corp (FSV-T)
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.
PAST TOP PICK
PAST TOP PICK
December 19, 2019
(A Top Pick Apr 09/19, Up 3%) Good organic growth and fine businesses that demand little capex. They've executed very well. See top picks.
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Firstservice Corp (FSV-T)
December 19, 2019
(A Top Pick Apr 09/19, Up 3%) Good organic growth and fine businesses that demand little capex. They've executed very well. See top picks.
TOP PICK
TOP PICK
December 19, 2019
Also a past pick. They had a bad quarter and the stock fell 10%; their residential division hurt them. But there's little capex for FSV. They continue to buy businesses, like California Closets, and they manage properties. They do lots of tuck-in buys plus organic growth. They grow 10% consistently. Great growth in the US with their US assets. (Analysts’ price target is $132.94)
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Firstservice Corp (FSV-T)
December 19, 2019
Also a past pick. They had a bad quarter and the stock fell 10%; their residential division hurt them. But there's little capex for FSV. They continue to buy businesses, like California Closets, and they manage properties. They do lots of tuck-in buys plus organic growth. They grow 10% consistently. Great growth in the US with their US assets. (Analysts’ price target is $132.94)
BUY WEAKNESS
BUY WEAKNESS
December 17, 2019
A compounding stock run by fine managers. Buy on weakness. There's upside. They provide a good service.
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Firstservice Corp (FSV-T)
December 17, 2019
A compounding stock run by fine managers. Buy on weakness. There's upside. They provide a good service.
TOP PICK
TOP PICK
December 9, 2019
Their businesses are closets, painting and restoration--property management. It's a solid mid-single-digit organic grower. They're benefiting from the American real estate market, especially multi-residential. They grow by acquisition, making nice tuck-ins. It's well-run. He's owned this before and re-entered it recently from a recent pullback from weak earnings. (Analysts’ price target is $132.65)
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Firstservice Corp (FSV-T)
December 9, 2019
Their businesses are closets, painting and restoration--property management. It's a solid mid-single-digit organic grower. They're benefiting from the American real estate market, especially multi-residential. They grow by acquisition, making nice tuck-ins. It's well-run. He's owned this before and re-entered it recently from a recent pullback from weak earnings. (Analysts’ price target is $132.65)
TOP PICK
TOP PICK
November 19, 2019
A residential property manager. They first bought a restoration company. They are great acquirers of companies that can stand the test of time. (Analysts’ price target is $131.91)
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Firstservice Corp (FSV-T)
November 19, 2019
A residential property manager. They first bought a restoration company. They are great acquirers of companies that can stand the test of time. (Analysts’ price target is $131.91)
BUY
BUY
November 19, 2019
The chart looks good. It's had a good run and is now pulling back, which is healthy. But it's healthy to hold this level--you can buy it now.
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Firstservice Corp (FSV-T)
November 19, 2019
The chart looks good. It's had a good run and is now pulling back, which is healthy. But it's healthy to hold this level--you can buy it now.
TOP PICK
TOP PICK
November 5, 2019
A capital-lite business with few fixed assets and low capex as they generate a lot of cash. But recently they missed their EBITDA by 5%, largely from their restoration business. They grow by acquisition as well as organically. Managers own a lot of shares. It's a buying opportunity now after that earning miss. (Analysts’ price target is $131.91)
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Firstservice Corp (FSV-T)
November 5, 2019
A capital-lite business with few fixed assets and low capex as they generate a lot of cash. But recently they missed their EBITDA by 5%, largely from their restoration business. They grow by acquisition as well as organically. Managers own a lot of shares. It's a buying opportunity now after that earning miss. (Analysts’ price target is $131.91)
COMMENT
COMMENT
October 29, 2019
It's done very well. He knows the CEO. It was fully valued until the recent pullback. Their businesses are recession-proof, but the multiple has grown high.
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Firstservice Corp (FSV-T)
October 29, 2019
It's done very well. He knows the CEO. It was fully valued until the recent pullback. Their businesses are recession-proof, but the multiple has grown high.
PAST TOP PICK
PAST TOP PICK
September 26, 2019
(A Top Pick Oct 11/18, Up 35%) They're big in the US and also here. Their strategy has always been to grown organic while doing tuck-in acquisitions. They execute very well. Strong managers. But not a cheap stock. They can keep expanding; lots of mom-and-pop shops they can buy in the future. Great CEO.
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Firstservice Corp (FSV-T)
September 26, 2019
(A Top Pick Oct 11/18, Up 35%) They're big in the US and also here. Their strategy has always been to grown organic while doing tuck-in acquisitions. They execute very well. Strong managers. But not a cheap stock. They can keep expanding; lots of mom-and-pop shops they can buy in the future. Great CEO.
HOLD
HOLD
September 5, 2019
Reason debt went up is they made a gigantic acquisition, Global Restoration, which benefits from hurricanes and other disasters. Loves the stock. Unbelievable chart. Don't be so quick to sell good companies.
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Firstservice Corp (FSV-T)
September 5, 2019
Reason debt went up is they made a gigantic acquisition, Global Restoration, which benefits from hurricanes and other disasters. Loves the stock. Unbelievable chart. Don't be so quick to sell good companies.
PAST TOP PICK
PAST TOP PICK
August 15, 2019
(A Top Pick Aug 30/18, Up 23%) Love it. Great Canadian company. Manage condo properties. Can continue to do acquisitions, and continues to grow organically. Lots of room to grow. Great formula, execute incredibly well. Have a vision. Will continue to do well.
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(A Top Pick Aug 30/18, Up 23%) Love it. Great Canadian company. Manage condo properties. Can continue to do acquisitions, and continues to grow organically. Lots of room to grow. Great formula, execute incredibly well. Have a vision. Will continue to do well.
PAST TOP PICK
PAST TOP PICK
July 2, 2019
(A Top Pick Jul 19/18, Up 26%) Love it, a great Canadian company. Their property management business is doing very well. They plan to grown organically and make some small acquisitions of mom-and-pop operations. It's very well-run.
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(A Top Pick Jul 19/18, Up 26%) Love it, a great Canadian company. Their property management business is doing very well. They plan to grown organically and make some small acquisitions of mom-and-pop operations. It's very well-run.
BUY
BUY
June 21, 2019

FSV vs. CIGI He prefers First Service, which is less volatile and more sustainable. Colliers just let go of their head of real estate for misbehaviour, so there's management turmoil. In a recession, Colliers will get hit harder, because there will be fewer transactions in commercial real estate, which is Colliers' business.

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FSV vs. CIGI He prefers First Service, which is less volatile and more sustainable. Colliers just let go of their head of real estate for misbehaviour, so there's management turmoil. In a recession, Colliers will get hit harder, because there will be fewer transactions in commercial real estate, which is Colliers' business.

PAST TOP PICK
PAST TOP PICK
May 21, 2019
(A Top Pick Jun 07/18, Up 24%) A Canadian company but most of its businesses are in the U.S. Great story. Very low capex. Owned it for a long time. Management owns almost 40% of the stock. Continues to own it, they buy it here.
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(A Top Pick Jun 07/18, Up 24%) A Canadian company but most of its businesses are in the U.S. Great story. Very low capex. Owned it for a long time. Management owns almost 40% of the stock. Continues to own it, they buy it here.
PAST TOP PICK
PAST TOP PICK
April 9, 2019
(A Top Pick Apr 26/18, Up 31%) Also a top pick today, so details there. Good managers and type of business.
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(A Top Pick Apr 26/18, Up 31%) Also a top pick today, so details there. Good managers and type of business.
TOP PICK
TOP PICK
April 9, 2019
Also a past pick. Trades at 20x earnings, so not cheap. Waht he likes is that it has no capex per se. Last quarter they grew their topline 13%, impressive. They target organic and acqusition growth from mom and pop shops out there, so there's lots of runway here. (Analysts’ price target is $113.46)
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Also a past pick. Trades at 20x earnings, so not cheap. Waht he likes is that it has no capex per se. Last quarter they grew their topline 13%, impressive. They target organic and acqusition growth from mom and pop shops out there, so there's lots of runway here. (Analysts’ price target is $113.46)
TOP PICK
TOP PICK
March 26, 2019
It provides a huge range of services for gated communities. It's a compounder of capital and market leader, but occupies only 5% of this sector, so there's room to grow. It has a high PE, but their runway to buy other companies is long and broad. (Analysts’ price target is $113.46)
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It provides a huge range of services for gated communities. It's a compounder of capital and market leader, but occupies only 5% of this sector, so there's room to grow. It has a high PE, but their runway to buy other companies is long and broad. (Analysts’ price target is $113.46)
PAST TOP PICK
PAST TOP PICK
February 13, 2019
(A Top Pick Feb 12/18, Up 37%) A great Canadian business with American assets like California Closets. smartly, they make small tuck-in acqusitions that grow the business. Also, their property management business is an annuity because clients sig 3/4/5-year contracts that see inflationaty increases. They have no fixed assets, so they're capital-lite. Managers own a lot of stock. Strong managers. They're the biggest in their sector.
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Firstservice Corp (FSV-T)
February 13, 2019
(A Top Pick Feb 12/18, Up 37%) A great Canadian business with American assets like California Closets. smartly, they make small tuck-in acqusitions that grow the business. Also, their property management business is an annuity because clients sig 3/4/5-year contracts that see inflationaty increases. They have no fixed assets, so they're capital-lite. Managers own a lot of stock. Strong managers. They're the biggest in their sector.
PAST TOP PICK
PAST TOP PICK
January 7, 2019
(A Top Pick Jan 09/18, Up 11%) A lot of the gain is from currency. Mostly a US company. Recurring revenues. Thesis is there's a long runway of growth, they have the scale and the buying power to serve condos. Not cheap, but he likes it because of the growth.
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(A Top Pick Jan 09/18, Up 11%) A lot of the gain is from currency. Mostly a US company. Recurring revenues. Thesis is there's a long runway of growth, they have the scale and the buying power to serve condos. Not cheap, but he likes it because of the growth.
TOP PICK
TOP PICK
October 11, 2018

Mainly in property management. Likes that they're capital-light and low capex. Can generate enough cash flow to grow. Acquire a lot of smaller companies in their sector. 25x forward earnings so not cheap, but they execute well. Managers own 20% of shares. (0.7% dividend, Analysts' price target: $108.49)

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Firstservice Corp (FSV-T)
October 11, 2018

Mainly in property management. Likes that they're capital-light and low capex. Can generate enough cash flow to grow. Acquire a lot of smaller companies in their sector. 25x forward earnings so not cheap, but they execute well. Managers own 20% of shares. (0.7% dividend, Analysts' price target: $108.49)

HOLD
HOLD
October 9, 2018

One of the top capital allocators. Valuation is stretched. They continue to growth organically. Lots of recurring business. They dominate the apartments management side of things. He will hold to it. Strong company. It is a little sensitive to the economy, so you have to watch for that.

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One of the top capital allocators. Valuation is stretched. They continue to growth organically. Lots of recurring business. They dominate the apartments management side of things. He will hold to it. Strong company. It is a little sensitive to the economy, so you have to watch for that.

TOP PICK
TOP PICK
August 30, 2018

Great Canadian company. California Closets, College Pro Painters are some of their brands. They are also in the property management business. It is a very capital light business with no fixed assets. Generate very high free cash flows. Very good story in the US. The one thing to worry is their labor costs but hey execute extremely well. (Analysts’ price target is $109.26)

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Great Canadian company. California Closets, College Pro Painters are some of their brands. They are also in the property management business. It is a very capital light business with no fixed assets. Generate very high free cash flows. Very good story in the US. The one thing to worry is their labor costs but hey execute extremely well. (Analysts’ price target is $109.26)

HOLD
HOLD
August 3, 2018

This is a company you do not have to worry about. They have done great acquisitions and management is excellent. You can continue to own it forever.

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This is a company you do not have to worry about. They have done great acquisitions and management is excellent. You can continue to own it forever.

TOP PICK
TOP PICK
June 7, 2018

Two divisions in real estate: property magnament and brands like California Closets and Paul Davis. They manage condos, mostly in gated communities in the U.S. There's little capex, but a lot of free cash flow. They've done well with acquisitions and enjoyed earnings growth with good EBIT margins. (Analysts' price target: $95.22)

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Two divisions in real estate: property magnament and brands like California Closets and Paul Davis. They manage condos, mostly in gated communities in the U.S. There's little capex, but a lot of free cash flow. They've done well with acquisitions and enjoyed earnings growth with good EBIT margins. (Analysts' price target: $95.22)

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Firstservice Corp(FSV-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

Stockchase rating for Firstservice Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 13 stock analysts published opinions about FSV-T. 11 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 2020-05-11. 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?

13 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 2020-06-04, Firstservice Corp (FSV-T) stock closed at a price of $136.92.