(CSV) Carriage - Ratings and Ratios

Carriage Services, Inc. is a leading provider of funeral and cemetery services in the United States, operating through two primary segments: Funeral Home Operations and Cemetery Operations. The company offers a comprehensive range of services, including funeral planning, transportation, cremation, and related merchandise, as well as interment rights, cemetery merchandise, and installation services. With a presence across the US, Carriage Services has established itself as a significant player in the death care industry.

From a business perspective, Carriage Services has demonstrated a strong track record of growth and profitability, driven by its focus on providing high-quality services and merchandise to families. The companys operational efficiency and ability to manage costs have contributed to its robust financial performance. With a market capitalization of $712.93M USD, Carriage Services is a mid-cap stock with a relatively stable investor base.

Analyzing the technical data, Carriage Services stock price is currently trading near its 20-day Simple Moving Average (SMA) of $44.01, indicating a relatively stable short-term trend. The stocks Relative Strength Index (RSI) is not provided, but the Average True Range (ATR) of 0.97, representing 2.21% of the current price, suggests moderate volatility. The 52-week high and low prices of $45.43 and $25.70, respectively, indicate a significant price range over the past year.

Using the available fundamental data, we can forecast Carriage Services future performance. With a Price-to-Earnings (P/E) ratio of 15.09 and a Forward P/E of 14.43, the stock appears to be reasonably valued relative to its earnings. The Return on Equity (RoE) of 22.95% indicates strong profitability. Assuming a stable P/E ratio and considering the companys historical earnings growth, we can estimate a potential price target. Based on the current P/E ratio and an expected earnings growth rate, a possible price target for Carriage Services could be around $50-$55 in the next 12-18 months, representing a 14%-25% increase from the current price.

Taking into account both technical and fundamental data, our forecast suggests that Carriage Services is poised for potential long-term growth, driven by its solid financial performance, operational efficiency, and relatively stable market trends. However, it is essential to continue monitoring the companys performance and adjust the forecast accordingly.