Park Lawn Corp T.PLC

Consumer Cyclical Personal Services

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and other merchandise, funeral services, after-life celebration services and cremation services. Its products and services are sold on a pre-planned basis or at the time of death. It has one stand-alone funeral home located in Durham, North Carolina; one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia; eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area; three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario and more.

TSX:PLC - Post by User

Park Lawn Corp

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Post by retiredcfon Sep 23, 2020 7:11am

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Post# 31602586

Analyst Recommendation

https://www.bnnbloomberg.ca/video/stephen-takacsy-discusses-park-lawn~2040593

BUY

Park Lawn Corp (PLC-T)

September 22, 2020

He's surprised how well it's held up. Cemetery plots sales were pressured during the lockdown and limitations to social gathering also pressured. That said, it's still doing well. U.S. managers know their business. There's more industry consolidation ahead. Valuation is a little high, though. There's little competition especially in Canada. He's in for the long haul.

Stephen Takacsy, B. Eng, MBA

Price

$26.730

Owned

Yes

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