FY2024 EPS Estimates for FirstService Boosted by Scotiabank

FirstService Co. (TSE:FSV) (NASDAQ:FSV) – Investment analysts at Scotiabank upped their FY2024 EPS estimates for FirstService in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst H. Gupta now anticipates that the company will earn $6.68 per share for the year, up from their previous estimate of $5.92. The consensus estimate for FirstService’s current full-year earnings is $7.52 per share. Scotiabank also issued estimates for FirstService’s FY2025 earnings at $7.74 EPS.

Separately, TD Securities boosted their price target on FirstService from C$182.00 to C$194.00 and gave the stock a “hold” rating in a research report on Monday, October 28th.

FirstService Stock Up 0.6 %

FirstService stock opened at C$256.88 on Friday. FirstService has a fifty-two week low of C$193.77 and a fifty-two week high of C$278.19. The firm has a market capitalization of C$11.56 billion, a PE ratio of 105.71, a P/E/G ratio of 107.75 and a beta of 0.96. The company’s 50-day moving average is C$264.55 and its 200-day moving average is C$244.30. The company has a debt-to-equity ratio of 105.28, a current ratio of 1.74 and a quick ratio of 1.25.

Insiders Place Their Bets

In other FirstService news, Director Erin Joy Wallace sold 4,425 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of C$272.31, for a total value of C$1,204,982.02. Also, Senior Officer Douglas G. Cooke sold 5,000 shares of FirstService stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$262.70, for a total value of C$1,313,500.00. Insiders sold a total of 14,225 shares of company stock valued at $3,777,120 over the last ninety days. 10.26% of the stock is currently owned by company insiders.

About FirstService

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.