Why Carriage Services, Inc.’s (CSV) Stock Is Up 5.67%

By Cynthia McLaughlin
June 04, 2024
Featured Tickers:
CSV

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Carriage Services, Inc. before investing.

In this article, we go over a few key elements for understanding Carriage Services, Inc.’s stock price such as:

  • Carriage Services, Inc.’s current stock price and volume
  • Why Carriage Services, Inc.’s stock price changed recently
  • Upgrades and downgrades for CSV from analysts
  • CSV’s stock price momentum as measured by its relative strength

About Carriage Services, Inc. (CSV)

Before we jump into Carriage Services, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Carriage Services, Inc. is a provider of funeral and cemetery services and merchandise in the United States. Its Funeral home and cemetery businesses provide products and services to families in three areas: ceremony and tribute, generally in the form of a funeral or memorial service; disposition of remains, either through burial or cremation, and memorialization, generally through monuments, markers or inscriptions. Its funeral homes offer a complete range of services to meet a family's funeral needs, consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral home facilities for visitation and memorial services and transportation services. Its Cemeteries provides interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as memorial markers, outer burial containers and monuments) and services (interments, inurnments and installation of cemetery merchandise).

Want to learn more about Carriage Services, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Carriage Services, Inc..

Learn More About A+ Investor

Carriage Services, Inc.’s Stock Price as of Market Close

As of June 04, 2024, 4:00 PM, CST, Carriage Services, Inc.’s stock price was $27.94.

Carriage Services, Inc. is up 5.67% from its previous closing price of $26.44.

During the last market session, Carriage Services, Inc.’s stock traded between $26.27 and $27.22. Currently, there are 14.88 million shares of Carriage Services, Inc. stock available for purchase.

Carriage Services, Inc.’s price-earnings (P/E) ratio is currently at 13.1, which is low compared to the Personal Services industry median of 15.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Carriage Services, Inc. Stock Price History

Carriage Services, Inc.’s (CSV) price is currently up 3.9% so far this month.

During the month of June, Carriage Services, Inc.’s stock price has reached a high of $28.43 and a low of $26.27.

Over the last year, Carriage Services, Inc. has hit prices as high as $35.59 and as low as $18.06. Year to date, Carriage Services, Inc.’s stock is up 1.45%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Carriage Services, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 03, 2024, there were 2 analysts who downgraded Carriage Services, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Carriage Services, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Carriage Services, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Carriage Services, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Carriage Services, Inc. (CSV) by visiting AAII Stock Evaluator.

Relative Price Strength of Carriage Services, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 03, 2024, Carriage Services, Inc. has a weighted four-quarter relative price strength of -2.77%, which translates to a Momentum Score of 56 and is considered to be Average.

Want to learn more about how Carriage Services, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Carriage Services, Inc. Stock Price: Bottom Line

As of June 4, 2024, Carriage Services, Inc.’s stock price is $27.94, which is up 5.67% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Carriage Services, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
Est Rev: Up 5% Screen: 21.7% Compared to S&P 500
at only 6.9%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.