Park Lawn Corp

PLC-T

Analysis and Opinions about PLC-T

Signal
Opinion
Expert
BUY
BUY
September 22, 2020
He's surprised how well it's held up. Cemetery plots sales were pressured during the lockdown and limitations to social gathering also pressured. That said, it's still doing well. U.S. managers know their business. There's more industry consolidation ahead. Valuation is a little high, though. There's little competition especially in Canada. He's in for the long haul.
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Park Lawn Corp (PLC-T)
September 22, 2020
He's surprised how well it's held up. Cemetery plots sales were pressured during the lockdown and limitations to social gathering also pressured. That said, it's still doing well. U.S. managers know their business. There's more industry consolidation ahead. Valuation is a little high, though. There's little competition especially in Canada. He's in for the long haul.
BUY
BUY
July 7, 2020
It's a consolidation story in a fragmented industry full of small funeral homes. PLC is stable and has executed well with acquisitions in the U.S. in recent year. This should continue. PLC is conservatively financed, relying little on debt to buy other companies.
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It's a consolidation story in a fragmented industry full of small funeral homes. PLC is stable and has executed well with acquisitions in the U.S. in recent year. This should continue. PLC is conservatively financed, relying little on debt to buy other companies.
DON'T BUY
DON'T BUY
June 30, 2020
Pays a 2% dividend yield with 4% free cash flow. Earnings to grow 5% this year, and 32% in 2021. Currently, the stock isn't doing much. You can hang onto it for a year, but don't buy.
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Pays a 2% dividend yield with 4% free cash flow. Earnings to grow 5% this year, and 32% in 2021. Currently, the stock isn't doing much. You can hang onto it for a year, but don't buy.
WAIT
WAIT
April 28, 2020
Wait until Q2 results to see the COVID impact. Will government restrictions be lifted around funerals later? Laws will vary by state. Aging demographics will benefit them though. There will be some softness, but overall they will be fine. Are good operators.
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Park Lawn Corp (PLC-T)
April 28, 2020
Wait until Q2 results to see the COVID impact. Will government restrictions be lifted around funerals later? Laws will vary by state. Aging demographics will benefit them though. There will be some softness, but overall they will be fine. Are good operators.
PAST TOP PICK
PAST TOP PICK
April 27, 2020
(A Top Pick Apr 04/19, Down 12%) Earnings number missed just as COVID hit. He got stopped out of it and will probably re-enter at some point. Management did a great job of growing by acquisition. It is difficult right now to sell cemetery plots face to face.
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Park Lawn Corp (PLC-T)
April 27, 2020
(A Top Pick Apr 04/19, Down 12%) Earnings number missed just as COVID hit. He got stopped out of it and will probably re-enter at some point. Management did a great job of growing by acquisition. It is difficult right now to sell cemetery plots face to face.
HOLD
HOLD
April 16, 2020
It had a pretty dramatic drop from where the stock was. You are seeing some delays in funeral services taking place. Their expansion into the US is very positive. He thinks they are in good shape once we get back to having gatherings. They can withstand any downturn from a financial point of view.
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Park Lawn Corp (PLC-T)
April 16, 2020
It had a pretty dramatic drop from where the stock was. You are seeing some delays in funeral services taking place. Their expansion into the US is very positive. He thinks they are in good shape once we get back to having gatherings. They can withstand any downturn from a financial point of view.
PAST TOP PICK
PAST TOP PICK
February 26, 2020
(A Top Pick Mar 29/19, Up 1%) News of their CEO leaving has hurt the stock recently. It does not expect any skeletons are in the closet. This aggregator of funeral homes and cemeteries will see slow and steady growth with a decent dividend.
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Park Lawn Corp (PLC-T)
February 26, 2020
(A Top Pick Mar 29/19, Up 1%) News of their CEO leaving has hurt the stock recently. It does not expect any skeletons are in the closet. This aggregator of funeral homes and cemeteries will see slow and steady growth with a decent dividend.
HOLD
HOLD
February 5, 2020
In the funeral space, they have done a good job diversifying into the US and how to integrate acquisitions. You could hold for the long term. The management team is aware how to build the business in a patient way. All things firing here.
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Park Lawn Corp (PLC-T)
February 5, 2020
In the funeral space, they have done a good job diversifying into the US and how to integrate acquisitions. You could hold for the long term. The management team is aware how to build the business in a patient way. All things firing here.
HOLD
HOLD
June 4, 2019

A great company and he is not surprised by yesterday's weakness. The company is in a very good space and is well run. Management has got the balance sheet in great balance. There is room to acquire and they have begun to move into the US. He expects the recent price action is short term profit taking.

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A great company and he is not surprised by yesterday's weakness. The company is in a very good space and is well run. Management has got the balance sheet in great balance. There is room to acquire and they have begun to move into the US. He expects the recent price action is short term profit taking.

COMMENT
COMMENT
May 28, 2019

A growth by acquisition story. There is a pipeline as there are many mom and pop's cemetaries. They have been successful at doing it. He missed it.

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A growth by acquisition story. There is a pipeline as there are many mom and pop's cemetaries. They have been successful at doing it. He missed it.

WEAK BUY
WEAK BUY
April 29, 2019
They buy mom and pop funeral homes and rolling this up. This just made their biggest acquisition and did an equity raise. He likes this, but he's cautious of any acqusition story at the end of a cycle. This is decent long-term.
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Park Lawn Corp (PLC-T)
April 29, 2019
They buy mom and pop funeral homes and rolling this up. This just made their biggest acquisition and did an equity raise. He likes this, but he's cautious of any acqusition story at the end of a cycle. This is decent long-term.
PARTIAL BUY
PARTIAL BUY
April 12, 2019
This cemetery business operator has a modest dividend but only a 28% payout ratio. Margins appear to be tightening. Earnings forecasts have been reduced in the last 90 days. It is a candidate for purchase. Yield 1.8%.
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Park Lawn Corp (PLC-T)
April 12, 2019
This cemetery business operator has a modest dividend but only a 28% payout ratio. Margins appear to be tightening. Earnings forecasts have been reduced in the last 90 days. It is a candidate for purchase. Yield 1.8%.
TOP PICK
TOP PICK
April 4, 2019
Cemeteries and funeral homes. They continue to execute well and have grown revenue at 75% in the last 4 or 5 years. They are expanding their margins. They recently just did a bought deal financing and so they are cashed up and can pay down debt ready for the next acquisition. (Analysts’ price target is $30.94)
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Cemeteries and funeral homes. They continue to execute well and have grown revenue at 75% in the last 4 or 5 years. They are expanding their margins. They recently just did a bought deal financing and so they are cashed up and can pay down debt ready for the next acquisition. (Analysts’ price target is $30.94)
TOP PICK
TOP PICK
March 29, 2019
They are in the funeral business. They are buying smaller cemeteries and having success in the US. Generally is a slow growth name but are ramping up the growth by buying up companies. Is a defensive name. Yield = 1.66% (Analysts’ price target is $30.94)
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Park Lawn Corp (PLC-T)
March 29, 2019
They are in the funeral business. They are buying smaller cemeteries and having success in the US. Generally is a slow growth name but are ramping up the growth by buying up companies. Is a defensive name. Yield = 1.66% (Analysts’ price target is $30.94)
BUY
BUY
February 12, 2019
Super demographics help them. Managers have made acqusitions in the U.S. to diversify outside Canada--he likes this. Very positive on this.
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Park Lawn Corp (PLC-T)
February 12, 2019
Super demographics help them. Managers have made acqusitions in the U.S. to diversify outside Canada--he likes this. Very positive on this.
Showing 1 to 15 of 37 entries

Park Lawn Corp(PLC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 7

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, 7 stock analysts published opinions about PLC-T. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Stephen Takacsy, B. Eng, MBA on 2020-09-22. 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?

7 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 2020-10-29, Park Lawn Corp (PLC-T) stock closed at a price of $28.36.