Does Carriage Services (CSV) Have the Potential to Rally 25.3% as Wall Street Analysts Expect?

Core Viewpoint - Carriage Services (CSV) has shown a significant price increase of 22.6% over the past four weeks, with analysts suggesting further upside potential based on a mean price target of $48.33, indicating a 25.3% increase from the current price of $38.57 [1] Price Target Analysis - The average price target for CSV ranges from a low of $45 to a high of $52, with a standard deviation of $3.51, suggesting a relatively high agreement among analysts regarding the stock's future price movement [2] - The lowest estimate indicates a potential increase of 16.7%, while the most optimistic estimate suggests a 34.8% upside [2] Earnings Estimates and Analyst Agreement - Analysts are increasingly optimistic about CSV's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a 6.8% increase in the Zacks Consensus Estimate for the current year [10] - The strong agreement among analysts in revising EPS estimates higher is correlated with potential stock price movements, suggesting a legitimate reason for expecting an upside in CSV [9] Zacks Rank and Investment Potential - CSV currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential for near-term upside [11]