Park Lawn Corp (PLC.TO) Buy, Sell or Hold

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Park Lawn Corp (PLC.TO)

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26.48

-0.01 (0.04%)

as of Aug 12, 2024, 8:00:00 pm Market Open.

161 watching

TOP PICK

Has high margins and there are high barriers to entry for others. Also has high demographic tailwinds behind it. Has a good management team with an M&A strategy as well as organic growth. Is guiding to $150 million EBITA by 2026. Joined the TSX last fall. Buy 7, Hold 1, Sell 0. (Analysts’ price target is $36.31)

PAST TOP PICK

(A Top Pick Nov 12/21, Down 40%) Did well through pandemic, and then things dried up last quarter, which hit the stock. Very stable over the long term. If you have a viewpoint longer than 6 months, this is a terrific time to be adding. Great management, good reputation. Acquisitions will continue to add value.

BUY ON WEAKNESS

Believes is a great business. Has strong business model (cemetery and death). Last quarter a tough period for earnings. Is a good time to buy shares on weakness. Lots of room for M&A opportunity.

COMMENT

Is very well managed. Grows by acquisition mostly. It's a higher PE stock. The pandemic saw an increase in mortality, but is slowing back eventually to normal. Can't comment on the technicals here.

WATCH

Has done a great job of accretive acquisitions but has seen a pullback. Doesn't own but is on the radar.

TOP PICK

Recent death rate statistics after Covid-19 pandemic(deaths going down) has been hard on share price. Believes long term outlook for death industry is good. Thinks company will continue to make acquisitions within market sector. Has strong management team, good brand & balance sheet. Investors concerned about demand for pre-death purchases (location in grave before death).

HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Mortality rate stabilizing. Pull-forward demand for deathcare. Small tuck-ins supporting YoY growth. First quarter reported in USD. Unlock Premium - Try 5i Free

TOP PICK

The only publicly traded company in death care. #2 player in the US. Recession-proof, high margins and barriers to entry, demographic tailwinds, excellent management. Focused on M&A in a fragmented industry. Strong earnings and cashflow growth. Great entry point at 16x PE. Yield is 1.37%.

Unspecified

It is in the cemetery consolidation business and has held up quite well over the past year. It has been issuing a lot of equity, maybe double, over the past 3 to 4 years. ROE is down, declining to the single digit range.

HOLD

Stable business fundamentals. Steady-eddy growth business over time. Valuation too high for him. Good management, good executors. Good runway for growth. You can stick with it, or search for other growth companies with lower valuations. Modest yield of 1.5%.

BUY

Has owned company for a long term. Nature of business makes for good business(funerals and cemeteries). Excellent management has grown company very well. Margins and financial metrics growing very well. Recession proof and unique business to own. Is a good long term investment at current share price.

BUY

Historically a well run company in funeral space. Industry will remain consistent. Not much competition in industry. Long term, company is well positioned.

BUY

A funeral home an cemetery company they have owned for a long time. It is being added to the TSX index. Good tail winds and demographics to support it. Management is strong. The only way to invest in this space in Canada. Own it for the long run.

TOP PICK

This business is not impacted by inflation. Has been impressed with how they operated. Has executed a growth by acquisition story in the US. They have done many deals and the market is still fragmented so there is still growth. People want to do business with PLC. Earnings have been positive and they are adding more services. A good long term buy. (Analysts’ price target is $44.56)

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Remains quite comfortable with this. A growing company that does acquisitions. Debt is high so raising money is fine. Earnings beat estimates last quarter. Good growth should continue. Now that it is below issue price, it is a decent buying opportunity. Unlock Premium - Try 5i Free

Showing 31 to 45 of 86 entries

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Park Lawn Corp (PLC.TO)