Park Lawn (TSX:PLC) - Stock Price, News & Analysis

PLC Stock Overview

Owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States.

PLC fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	0/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 38.9% below our estimate of its fair value

Earnings are forecast to grow 96.77% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 32.9%

Risk Analysis

Dividend of 2.58% is not well covered by earnings

Park Lawn Corporation Competitors

MiniLuxe Holding

TSXV:MNLX

CA$51.7m

Avante

TSXV:XX

CA$21.8m

D2L

TSX:DTOL

CA$465.9m

A&W Revenue Royalties Income Fund

TSX:AW.UN

CA$468.9m

Price History & Performance

Summary of all time highs, changes and price drops for Park Lawn
Historical stock prices
Current Share Price	CA$17.40
52 Week High	CA$25.77
52 Week Low	CA$15.48
Beta	1.2
1 Month Change	7.61%
3 Month Change	-15.04%
1 Year Change	-31.09%
3 Year Change	-47.50%
5 Year Change	-39.58%
Change since IPO	284.72%

Recent updates

Shareholder Returns

	PLC	CA Consumer Services	CA Market
7D	2.5%	-1.2%	0.9%
1Y	-31.1%	31.7%	10.8%

Return vs Industry: PLC underperformed the Canadian Consumer Services industry which returned 31.4% over the past year.

Return vs Market: PLC underperformed the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is PLC's price volatile compared to industry and market?
PLC volatility
PLC Average Weekly Movement	4.2%
Consumer Services Industry Average Movement	7.9%
Market Average Movement	8.9%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: PLC has not had significant price volatility in the past 3 months.

Volatility Over Time: PLC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1892	2,178	Brad Green	www.parklawncorp.com

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services. It also engages in the filing of death certificates and publication of death notices; and body preparation activities.

Park Lawn Corporation Fundamentals Summary

How do Park Lawn's earnings and revenue compare to its market cap?
PLC fundamental statistics
Market cap	CA$594.59m
Earnings (TTM)	-CA$9.45m
Revenue (TTM)	CA$451.38m

1.3x

P/S Ratio

-62.9x

P/E Ratio

Is PLC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLC income statement (TTM)
Revenue	US$331.68m
Cost of Revenue	US$82.45m
Gross Profit	US$249.23m
Other Expenses	US$256.17m
Earnings	-US$6.94m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.20
Gross Margin	75.14%
Net Profit Margin	-2.09%
Debt/Equity Ratio	40.5%

How did PLC perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

-169%

Payout Ratio

PLC Stock Overview

Rewards

Risk Analysis

Park Lawn Corporation Competitors

TSXV:MNLX

CA$51.7m

TSXV:XX

CA$21.8m

TSX:DTOL

CA$465.9m

TSX:AW.UN

CA$468.9m

Price History & Performance

Recent News & Updates

First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.13 in 1Q 2023)

Park Lawn Corporation to Report Q1, 2024 Results on May 09, 2024

Park Lawn Corporation Announces First Quarter 2024 Dividend, Payable on April 15, 2024

Park Lawn Corporation, Annual General Meeting, Jun 03, 2024

Full year 2023 earnings: EPS misses analyst expectations

Park Lawn Corporation Appoints Maggie MacDougall to the Board of Directors

Recent updates

First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.13 in 1Q 2023)

Park Lawn Corporation to Report Q1, 2024 Results on May 09, 2024

Park Lawn Corporation Announces First Quarter 2024 Dividend, Payable on April 15, 2024

Park Lawn Corporation, Annual General Meeting, Jun 03, 2024

Full year 2023 earnings: EPS misses analyst expectations

Park Lawn Corporation Appoints Maggie MacDougall to the Board of Directors

Park Lawn Corporation to Report Q4, 2023 Results on Mar 07, 2024

Is There Now An Opportunity In Park Lawn Corporation (TSE:PLC)?

Park Lawn Corporation Announces Fourth Quarter 2023 Dividend, Payable on December 29, 2023

Is Park Lawn (TSE:PLC) Using Too Much Debt?

Third quarter 2023 earnings released: EPS: US$0.096 (vs US$0.15 in 3Q 2022)

Park Lawn Corporation to Report Q3, 2023 Results on Nov 09, 2023

Everstory Acquisition Portfolio, LLC entered into a definitive agreement to acquire Substantially all assets from Park Lawn Cemetery Company (USA), Inc. for $70 million.

Park Lawn Corporation (TSX:PLC) completed the acquisition of substantially all the assets of Christy-Smith Funeral Homes and Crematory.

Park Lawn Corporation Announces Third Quarter 2023 Dividend, Payable on October 16, 2023

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire substantially all the assets of Christy-Smith Funeral Homes and Crematory.

Consensus EPS estimates fall by 22%

Park Lawn Corporation (TSX:PLC) acquired Assets of Forrest & Taylor Funeral Home Limited.

New minor risk - Financial position

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Park Lawn Corporation to Report Q2, 2023 Results on Aug 10, 2023

Park Lawn Corporation (TSX:PLC) acquired Substantially all of the assets from Ward Funeral Home Limited.

Park Lawn Corporation (TSX:PLC) acquired Substantially all assets from Cobb Suncrest Memorial Gardens and Cobb Funeral Chapel.

Park Lawn Corporation Announces Quarterly Dividend, Payable on July 17, 2023

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially all of the assets from Ward Funeral Home Limited.

Consensus EPS estimates fall by 18%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings released: EPS: US$0.73 (vs US$0.89 in FY 2021)

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially all the assets of Speaks Suburban, Carson-Speaks, Speaks Buckner & Oak Ridge Memory from Speaks.

Insider recently sold CA$66k worth of stock

Insider exercised options to buy CA$109k worth of stock.

Park Lawn Corporation Announces Fourth Quarter 2022 Dividend, Payable on January 16, 2023

Park Lawn Corporation (TSX:PLC) acquired Substantially all of the Assets of Jacoby from Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park and Bustard & Jacoby Funerals.

Park Lawn Corporation (TSX:PLC) acquired Substantially all the assets of Park Lawn Missouri from Park Lawn Funeral Home.

Park Lawn Corporation (TSX:PLC) completed the acquisition of Substantially All of the Assets of Muehlebach, Skradski-Pierce and Assurance Cremation Society from Muehlebach Mortuary, Inc., Skradski Funeral Home, Inc. and Assurance Cremation Society, Inc.

High number of new directors

Park Lawn Corporation (TSX:PLC) entered into an agreement to acquire Substantially all of the Assets of Jacoby from Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park and Bustard & Jacoby Funerals.

Investor sentiment improved over the past week

Park Lawn Corporation to Report Q3, 2022 Results on Nov 09, 2022

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially All of the Assets of Muehlebach Funeral Care, Skradski-Pierce Funeral Home and Assurance Cremation Society.

Park Lawn Corporation (TSX:PLC) entered into definitive agreement to acquire Substantially All of the Assets of Brown's Cremation & Funeral Service.

Park Lawn Corporation (TSX:PLC) agreed to acquire Substantially All of the Assets of Ertel Funeral Home & Crematory.

Park Lawn Corporation Announces Third Quarter 2022 Dividend, Payable on October 17, 2022

What Is Park Lawn Corporation's (TSE:PLC) Share Price Doing?

Park Lawn Corporation (TSX:PLC) completed the acquisition of Substantially All of the Assets of Shackelford Corporation.

High number of new directors

Independent Chair of the Board recently bought CA$106k worth of stock

Price target decreased to CA$41.89

Second quarter 2022 earnings released: EPS: US$0.17 (vs US$0.19 in 2Q 2021)

Park Lawn Corporation Announces Executive Changes

Park Lawn Corporation (TSX:PLC) acquired Substantially All of the Assets from Farris Funeral Service, Inc. and Affiliated Service Group, Inc.

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially All of the Assets of Shackelford Corporation.

Park Lawn Corporation to Report Q2, 2022 Results on Aug 11, 2022

Park Lawn Corporation (TSX:PLC) has entered into a definitive agreement to acquire substantially all of the assets of Farris Funeral Service, Inc. and Affiliated Service Group, Inc.

Park Lawn Corporation Announces the Quarterly Dividend, Payable on July 15, 2022

Park Lawn Corporation (TSX:PLC) completed the acquisition of Substantially All of the Assets from Hudson Funeral Home & Cremation Services.

Is Park Lawn (TSE:PLC) A Risky Investment?

First quarter 2022 earnings: EPS misses analyst expectations

Is Now The Time To Look At Buying Park Lawn Corporation (TSE:PLC)?