Park Lawn (TSE:PLC) Price Target Increased to C$26.50 by Analysts at Stifel Nicolaus

Park Lawn (TSE:PLCFree Report) had its price objective hoisted by Stifel Nicolaus from C$22.00 to C$26.50 in a research report released on Tuesday morning, BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

A number of other research firms also recently commented on PLC. Acumen Capital lifted their price target on Park Lawn from C$23.00 to C$24.00 in a research note on Monday, May 13th. Royal Bank of Canada decreased their price target on Park Lawn from C$25.00 to C$24.00 and set an outperform rating for the company in a research note on Tuesday, March 5th. National Bankshares lifted their price target on Park Lawn from C$21.00 to C$22.00 and gave the stock an outperform rating in a research note on Tuesday, May 14th. Finally, CIBC lifted their price target on Park Lawn from C$20.00 to C$21.00 and gave the stock a neutral rating in a research note on Monday, May 13th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of Buy and an average target price of C$24.13.

Get Our Latest Stock Analysis on Park Lawn

Park Lawn Trading Up 58.6 %

Shares of PLC opened at C$25.93 on Tuesday. The company has a current ratio of 1.94, a quick ratio of 1.78 and a debt-to-equity ratio of 43.09. The firm has a market capitalization of C$886.03 million, a P/E ratio of -92.61, a price-to-earnings-growth ratio of 14.67 and a beta of 1.20. The stock’s fifty day simple moving average is C$16.60 and its 200 day simple moving average is C$17.92. Park Lawn has a twelve month low of C$15.48 and a twelve month high of C$25.98.

Park Lawn (TSE:PLCGet Free Report) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.29 EPS for the quarter, beating the consensus estimate of C$0.27 by C$0.02. Park Lawn had a negative return on equity of 1.26% and a negative net margin of 2.10%. The company had revenue of C$102.99 million for the quarter, compared to analyst estimates of C$102.11 million. On average, equities research analysts forecast that Park Lawn will post 1.084724 earnings per share for the current year.

Park Lawn Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were paid a dividend of $0.114 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.46 annualized dividend and a dividend yield of 1.76%. Park Lawn’s dividend payout ratio (DPR) is currently -164.29%.

Park Lawn Company Profile

(Get Free Report)

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services.

Further Reading

Analyst Recommendations for Park Lawn (TSE:PLC)

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