Park Lawn (DB:PL2) - Stock Price, News & Analysis

PL2 Stock Overview

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States.

About the company

PL2 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	0/6
Financial Health	4/6
Dividends	2/6

Rewards

Risk Analysis

Dividend of 2.75% is not well covered by earnings

Park Lawn Corporation Competitors

LS Invest

HMSE:IFA

€245.7m

ZEAL Network

XTRA:TIMA

€753.7m

HomeToGo

XTRA:HTG

€237.8m

Beauty Farm Medical and Health Industry

SEHK:2373

HK$3.6b

Price History & Performance

Summary of all time highs, changes and price drops for Park Lawn
Historical stock prices
Current Share Price	CA$11.00
52 Week High	CA$17.80
52 Week Low	CA$10.40
Beta	1.2
1 Month Change	-3.51%
3 Month Change	-20.29%
1 Year Change	-36.78%
3 Year Change	-51.75%
5 Year Change	-34.24%
Change since IPO	-5.86%

Recent updates

Shareholder Returns

	PL2	DE Consumer Services	DE Market
7D	2.8%	0.06%	0.5%
1Y	-36.8%	8.7%	1.3%

Price Volatility

Is PL2's price volatile compared to industry and market?
PL2 volatility
PL2 Average Weekly Movement	4.2%
Consumer Services Industry Average Movement	5.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.4%

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?
PL2 fundamental statistics
Market cap	€379.65m
Earnings (TTM)	-€7.10m
Revenue (TTM)	€318.83m

1.2x

P/S Ratio

-52.4x

P/E Ratio

Is PL2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PL2 income statement (TTM)
Revenue	US$342.02m
Cost of Revenue	US$87.11m
Gross Profit	US$254.91m
Other Expenses	US$262.52m
Earnings	-US$7.61m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.22
Gross Margin	74.53%
Net Profit Margin	-2.23%
Debt/Equity Ratio	41.6%

How did PL2 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

-204%

Payout Ratio

PL2 Stock Overview

Rewards

Risk Analysis

Park Lawn Corporation Competitors

HMSE:IFA

€245.7m

XTRA:TIMA

€753.7m

XTRA:HTG

€237.8m

SEHK:2373

HK$3.6b

Price History & Performance

Recent News & Updates

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 released: US$0.22 loss per share (vs US$0.73 profit in FY 2022)

Park Lawn Corporation Appoints Maggie MacDougall to the Board of Directors

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

Investor sentiment improves as stock rises 16%

Recent updates

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 released: US$0.22 loss per share (vs US$0.73 profit in FY 2022)

Park Lawn Corporation Appoints Maggie MacDougall to the Board of Directors

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

Investor sentiment improves as stock rises 16%

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

Investor sentiment improves as stock rises 15%

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.

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

New minor risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.11 (vs US$0.17 in 2Q 2022)

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.

First quarter 2023 earnings released: EPS: US$0.13 (vs US$0.26 in 1Q 2022)

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.

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.

High number of new directors

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.

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.

Third quarter 2022 earnings released: EPS: US$0.15 (vs US$0.23 in 3Q 2021)

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

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 €81k worth of stock

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.

First quarter 2022 earnings released: EPS: US$0.26 (vs US$0.26 in 1Q 2021)

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially All of the Assets from Hudson Funeral Home & Cremation Services.

Park Lawn Corporation (TSX : PLC) completed the acquisition of Substantially All of the Assets of Chancellor Funeral Home and Garden of Memories.

Park Lawn Corporation (TSX : PLC) entered into a definitive agreement to acquire All of the Assets of Chancellor Funeral Home and Garden of Memories.

Park Lawn Corporation (TSX : PLC) entered into a definitive agreement to acquire All of the Assets of Chancellor Funeral Home and Garden of Memories.

Upcoming dividend of CA$0.11 per share

CEO & Director recently bought €94k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Park Lawn Corporation to Report Q4, 2021 Results on Mar 03, 2022

Park Lawn Corporation (TSX:PLC) completed the acquisition of substantially all of the assets from Ingram Funeral Home & Crematory, Inc.

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire substantially all of the assets from Ingram Funeral Home & Crematory, Inc.