Carriage Services with ticker code (CSV) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 50 and 28 with a mean TP of 40. With the stocks previous close at 30.21 this now indicates there is a potential upside of 32.4%. The 50 day moving average now sits at 26.12 and the 200 day MA is 35.77. The company has a market capitalisation of $445m. Company Website: https://www.carriageservices.com
The potential market cap would be $590m based on the market concensus.
Carriage Services provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment engages in the provision of consultation, funeral home facilities for visitation and memorial services, and transportation services; removal and preparation of remains; and sale of burial and cremation services, and related merchandise, such as caskets and urns. The Cemetery Operations segment provides interment rights for grave sites, lawn crypts, mausoleum spaces, and niche; related cemetery merchandise, including outer burial containers, memorial markers, monuments, and floral placements; and interments, inurnments, and installation of cemetery merchandise services. As of December 31, 2021, it operated 170 funeral homes in 26 states and 31 cemeteries in 11 states. Carriage Services was founded in 1991 and is based in Houston, Texas.
