Editor's Note - The question was his preference over PLC and ATZ. PLC has had issues but earnings are more stable. ATZ is still a bit pricey. He likes it on valuation to growth but PLC is the better buy for the next year.
Large increase in share price unaccounted for.
Long term prospects for sector strong.
Management team will need to manage business prudently.
12 acquisitions in the last year, and that's one of the knocks against it. With higher interest rates, they'll have to pay more for funding. He sees the acquisitions being accretive to the story. Performing well. Not too late to add here.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Profitability improved. Acquisitive pipeline in motion. Attractive valuation and improved payout ratio. Shares have gained >75% since pandemic low. Unlock Premium - Try 5i Free
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.
Park Lawn Corp is a Canadian stock, trading under the symbol PLC-T on the Toronto Stock Exchange (PLC-CT). It is usually referred to as TSX:PLC or PLC-T
In the last year, 11 stock analysts published opinions about PLC-T. 8 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Park Lawn Corp.
Park Lawn Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Park Lawn Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
11 stock analysts on Stockchase covered Park Lawn Corp In the last year. It is a trending stock that is worth watching.
On 2023-06-05, Park Lawn Corp (PLC-T) stock closed at a price of $23.8.