Park Lawn (TSE:PLC) sets a new 12-month high at $26.48

Park Lawn Co. (TSE:PLC – Get Your Free Report ) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $26.48 and last traded at $26.48 with a volume of 3761 shares. The stock had previously closed at $26.47.

Analysts on Wall Street are forecasting an increase

PLC has been the subject of a number of research reports. National Bankshares upped their target price on shares of Park Lawn from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 14th. CIBC lowered shares of Park Lawn from a “neutral” rating to a “hold” rating and upped their target price for the stock from $21.00 to $26.50 in a research note on Tuesday, June 4th . Stifel Nicolaus upped their target price on shares of Park Lawn from $22.00 to $26.50 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. Acumen Capital upped their target price on shares of Park Lawn from $23.00 to $24.00 in a research note on Monday, May 13th. Finally, Cormark raised their price objective on shares of Park Lawn from $24.00 to $26.50 in a research note on Wednesday, June 5th. Six investment analysts have rated the stock with a buy rating. The company has an average rating of “Buy” and a consensus price target of $24.44, according to MarketBeat.com.

Read the latest research report on Park Lawn

Park Lawn Price Performance

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 company’s 50-day SMA is $25.79, and its 200-day SMA is $20.60. The firm has a market cap of $904.48 million, a price-to-earnings ratio of -94.54, a PEG ratio of 14.67 and a beta of 1.20.

Park Lawn (TSE:PLC – Get Your Free Report ) last posted its earnings results on Thursday, May 9th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. Park Lawn had a negative net margin of 2.10% and a negative return on equity of 1.26%. The firm had revenue of $102.99 million for the quarter, compared to analyst estimates of $102.11 million. On average, equities analysts expect that Park Lawn Co. will show 1.084724 EPS for the current year.

Park Lawn Company Profile

(Get a free report)

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

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