Small acquisitions are a key strategy

FIRSTSERVICE CORP. $190 is a buy for aggressive investors. The company (Toronto symbol FSV; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 43.6 million; Market cap: $8.3 billion; Price-to-sales ratio: 3.0; Dividend yield: 0.5%; TSINetwork Rating: Extra Risk; tends to fuel its growth with acquisitions. It cuts the… Read More

Acquisition paying off for FirstService

Acquisition paying off for FirstService

Acquisition of a disaster restoration firm helped lift this property management company’s revenues 8.3% during the most-recent quarter.

Those quarterly results were stronger than expected and helped the firm beat consensus estimates.

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FIRSTSERVICE CORP. (Toronto symbol FSV; has two main businesses: FirstService Residential (59% of… Read More

An aggressive stock up 33% despite COVID

For the April 2020 issue, we welcomed FirstService to our Successful Investor Aggressive Growth Portfolio from its original spot as a Power Growth Investor pick. Since then, the stock has jumped 33% as the company takes advantage of the COVID-19 pandemic to make attractive acquisitions. Those new assets set… Read More