On 10/31/24, Carriage Services Inc (NYSE: CSV) stock enjoyed a major increase of 14.5%, closing at $37.39. Moreover, exceptionally high trading volume at 410% of normal accompanied the advance. The stock has risen 15.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CSV is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Carriage Services has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Carriage Services has a slightly negative Appreciation Score of 38 but a very high Power Rating of 92, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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