COMMENT
Park Lawn Corp

It has had issues but earnings are more stable.

other services
COMMENT
Park Lawn Corp

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. 

other services
HOLD
Park Lawn Corp

Large increase in share price unaccounted for.
Long term prospects for sector strong.
Management team will need to manage business prudently. 

other services
PAST TOP PICK
Park Lawn Corp
(A Top Pick Aug 19/22, Down 2%)

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.

other services
premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
Park Lawn Corp

Stockchaser Trevor Rose stresses that PLC is enjoying growth through acquisition, closing three in the last quarter of 2022 alone. Its Q3 2022 report announced last November a year-over-year increase in net revenues by 10.7%, greatly helped by these acquired operations. Management has a history of being disciplined and it offered positive guidance. Aging demographics are another tailwind, cash flows are strong, and barriers to entry remain high, so Park Lawn enjoys a moat. However, net margins shrank from 9.8% to 6.6% from Q3-2021 to Q3-2022, attributed to the pandemic. Park Lawn pays a modest dividend of 1.7%, which is safe at a payout ratio of 46.53%. Overall, this is a buy.

other services
BUY
Park Lawn Corp

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

other services
BUY
Park Lawn Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. PLC closed three acquisitions this quarter. Coverage and leverage ratios looking good. EPS grew over 21% compared to 2Q20. Margin goal of 26% by 2022 achievable.
other services
BUY
Park Lawn Corp
They have owned it for a long time. It is the second largest holder of funeral homes and cemeteries in North America. It has good tailwinds, a long runway and is well managed. It is consolidating the industry which is very fragmented in the U.S. and is focused on improving their margins. Buy and hold for a long time.
other services
BUY
Park Lawn Corp
He has a $33 price target and a sector out-perform on this stock. The third quarter beat on revenue, EBITA, etc. and they provided good guidance. They are a good steward of capital.
other services
COMMENT
Park Lawn Corp
It needs a 3 to 5 year time horizon. The management team and underlying corporation profile have done well with acquisitions. It is a smaller cap company and institutions are buying larger caps in this market.
other services
TOP PICK
Park Lawn Corp
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)
other services
PAST TOP PICK
Park Lawn Corp
(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.
other services
BUY ON WEAKNESS
Park Lawn Corp
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.
other services
COMMENT
Park Lawn Corp

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.

other services
WATCH
Park Lawn Corp
Has done a great job of accretive acquisitions but has seen a pullback. Doesn't own but is on the radar.
other services
Showing 1 to 15 of 66 entries

Park Lawn Corp(PLC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 11

Stockchase rating for Park Lawn Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Park Lawn Corp(PLC-T) Frequently Asked Questions

What is Park Lawn Corp stock symbol?

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

Is Park Lawn Corp a buy or a sell?

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.

Is Park Lawn Corp a good investment or a top pick?

Park Lawn Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Park Lawn Corp.

Why is Park Lawn Corp stock dropping?

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.

Is Park Lawn Corp worth watching?

11 stock analysts on Stockchase covered Park Lawn Corp In the last year. It is a trending stock that is worth watching.

What is Park Lawn Corp stock price?

On 2023-06-05, Park Lawn Corp (PLC-T) stock closed at a price of $23.8.