Carriage Services (NYSE: CSV) is one of 13 public companies in the “Personal services” industry, but how does it compare to its competitors? We will compare Carriage Services to similar companies based on the strength of its valuation, institutional ownership, earnings, dividends, profitability, analyst recommendations and risk.
Institutional & Insider Ownership
88.0% of Carriage Services shares are owned by institutional investors. Comparatively, 73.7% of shares of all “Personal services” companies are owned by institutional investors. 13.4% of Carriage Services shares are owned by company insiders. Comparatively, 12.3% of shares of all “Personal services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Carriage Services pays an annual dividend of $0.30 per share and has a dividend yield of 1.1%. Carriage Services pays out 21.6% of its earnings in the form of a dividend. As a group, “Personal services” companies pay a dividend yield of 0.8% and pay out 20.5% of their earnings in the form of a dividend. Carriage Services has increased its dividend for 2 consecutive years.
Valuation & Earnings
This table compares Carriage Services and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Carriage Services||$258.14 million||$37.19 million||19.90|
|Carriage Services Competitors||$960.46 million||$99.22 million||129.41|
Carriage Services’ competitors have higher revenue and earnings than Carriage Services. Carriage Services is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a summary of recent ratings and target prices for Carriage Services and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Carriage Services Competitors||124||444||539||35||2.42|
Carriage Services presently has a consensus target price of $57.00, indicating a potential upside of 106.07%. As a group, “Personal services” companies have a potential upside of 13.86%. Given Carriage Services’ stronger consensus rating and higher probable upside, equities research analysts clearly believe Carriage Services is more favorable than its competitors.
This table compares Carriage Services and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Carriage Services Competitors||3.84%||-11.59%||0.30%|
Volatility and Risk
Carriage Services has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500. Comparatively, Carriage Services’ competitors have a beta of 2.20, meaning that their average share price is 120% more volatile than the S&P 500.
Carriage Services beats its competitors on 9 of the 15 factors compared.
About Carriage Services
Carriage Services, Inc. is a provider of death care services and merchandise in the United States. The Company operates in two business segments: Funeral Home Operations and Cemetery Operations. The Funeral Homes segment provides funeral services (traditional burial and cremation) and sells related merchandise, such as caskets and urns. Its cemetery products and services include interment services, the rights to interment in cemetery sites and related cemetery merchandise, such as memorials and vaults. It serves suburban and rural markets. It provides funeral and cemetery services and products on both at-need (time of death) and preneed (planned prior to death) basis. It also maintains trusts in connection with funeral home and cemetery operations, including preneed funeral trusts, preneed cemetery merchandise and service trusts and cemetery perpetual care trusts. The Company operates 174 funeral homes in 29 states and 32 cemeteries in 11 states.
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