Carriage Services, Inc. (NYSE:CSV) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1 year consensus price objective of $26.00 for the company and are forecasting that the company will post $0.40 earnings per share for the current quarter, according to Zacks. Zacks has also given Carriage Services an industry rank of 241 out of 255 based on the ratings given to related companies.

CSV has been the topic of several recent research reports. Barrington Research reiterated a “buy” rating and issued a $24.00 price target on shares of Carriage Services in a report on Tuesday, January 15th. Zacks Investment Research upgraded Carriage Services from a “hold” rating to a “strong-buy” rating and set a $23.00 price target on the stock in a report on Thursday, January 31st. Finally, ValuEngine upgraded Carriage Services from a “strong sell” rating to a “sell” rating in a report on Thursday, January 17th.

Shares of CSV stock opened at $19.41 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.64. The firm has a market cap of $352.93 million, a PE ratio of 16.45, a price-to-earnings-growth ratio of 0.94 and a beta of 0.99. Carriage Services has a 52 week low of $14.50 and a 52 week high of $28.96.

Carriage Services (NYSE:CSV) last announced its earnings results on Thursday, February 21st. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.19 by $0.04. The company had revenue of $66.52 million for the quarter, compared to analysts’ expectations of $67.92 million. Carriage Services had a return on equity of 9.44% and a net margin of 4.36%. As a group, equities analysts predict that Carriage Services will post 1.38 EPS for the current year.

Institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can boosted its holdings in Carriage Services by 1,706.6% in the fourth quarter. Bank of Montreal Can now owns 2,204 shares of the company’s stock valued at $34,000 after acquiring an additional 2,082 shares during the last quarter. Quantamental Technologies LLC bought a new position in Carriage Services in the fourth quarter valued at about $45,000. Legal & General Group Plc boosted its holdings in Carriage Services by 56.6% in the fourth quarter. Legal & General Group Plc now owns 4,177 shares of the company’s stock valued at $64,000 after acquiring an additional 1,509 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its holdings in Carriage Services by 423.5% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,643 shares of the company’s stock valued at $87,000 after acquiring an additional 4,565 shares during the last quarter. Finally, Stone Ridge Asset Management LLC bought a new position in Carriage Services in the fourth quarter valued at about $161,000. Institutional investors and hedge funds own 76.68% of the company’s stock.

About Carriage Services

Carriage Services, Inc 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 offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services.

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