- Carriage Services is a leader in the deathcare industry, operating 170 funeral homes and 31 cemeteries and generating $377 million in revenue.
- A promising acquisition pipeline should provide a foundation for continued growth, and ongoing portfolio optimization should also yield continued improvements in ROIC.
- Rather than quickly reverting to pre-Covid levels, death trends in the U.S. should remain elevated and grow faster than population growth given demographics and life expectancy trends.
- A recent share price of less than $40 offers an extremely attractive entry point to Carriage shares when compared to conservative fair value estimates of $60-$65 per share.
For further details see:
Carriage Services Offers Both An Attractive Valuation And Strong Fundamentals