At the time of writing, Carriage Services, Inc [CSV] stock is trading at $41.73, up 3.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The CSV shares have gain 5.19% over the last week, with a monthly amount glided 3.16%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Carriage Services, Inc [NYSE: CSV] stock has seen the most recent analyst activity on June 09, 2021, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $50. Previously, ROTH Capital started tracking the stock with Buy rating on May 05, 2021, and set its price target to $48. On September 22, 2016, Barrington Research reiterated its Outperform rating and revised its price target to $32 on the stock. Barrington Research reiterated its Outperform rating and increased its price target to $30 on April 26, 2016. Sidoti initiated its recommendation with a Buy. Oppenheimer started tracking with a Outperform rating for this stock on November 11, 2015, and assigned it a price target of $28. In a note dated September 23, 2008, Davenport upgraded an Buy rating on this stock but restated the target price of $5.50.
For the past year, the stock price of Carriage Services, Inc fluctuated between $22.96 and $42.13. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Carriage Services, Inc [NYSE: CSV] shares were valued at $41.73 at the most recent close of the market. An investor can expect a potential drop of -4.15% based on the average CSV price forecast.
Analyzing the CSV fundamentals
According to Carriage Services, Inc [NYSE:CSV], the company’s sales were 408.33M for trailing twelve months, which represents an 12.07% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.19 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.58 points at the first support level, and at 39.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.31, and for the 2nd resistance point, it is at 42.88.
Ratios To Look Out For
It is important to note that Carriage Services, Inc [NYSE:CSV] has a current ratio of 0.72. On the other hand, the Quick Ratio is 0.59, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 3.16 and price to earnings (TTM) ratio is 18.70.
Transactions by insiders
Recent insider trading involved Phillips Shawn R, Sr. VP & Regional Partner, that happened on Nov 21 ’24 when 5028.0 shares were sold. Officer, Phillips Shawn R completed a deal on Nov 21 ’24 to buy 5028.0 shares. Meanwhile, Sr. VP and Regional Partner Elliott Paul Donald sold 5000.0 shares on Nov 05 ’24.
