Barrington analyst Alexander Paris maintained a Buy rating on Carriage Services (NYSE: CSV) today. The company’s shares opened today at $25.05.
Paris commented:
“We estimate that it will contribute more than $8 million to annual revenues and $2 million to annual adjusted EBITDA. Importantly, we believe CSV is now financially well positioned for a period of more rapid growth through selective high‐quality acquisitions during what management expects will be a period of more rapid consolidation of the remaining best independents in the industry.”
According to TipRanks.com, Paris is a 4-star analyst with an average return of 13.1% and a 63.8% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Capella Education Company.
The the analyst consensus on Carriage Services is currently a Moderate Buy rating.
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Carriage Services’ market cap is currently $407.6M and has a P/E ratio of 11.14. The company has a Price to Book ratio of 1.94.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.
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Carriage Services, Inc. provides funeral and cemetery services and products in the United States of America. It operates through two segments: Funeral Home Operations and Cemetery Operations.
