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STEI has a market capitalization of $589 million |
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Released on Wednesday, June 13th, 2012, 1:25 PM ET
Pittsburgh, PA (SpeculatingStocks) - It's a sad prospect, but everybody dies someday. Nobody is spared from the ending torment of death—and all we can do is prepare for the end, purchase a nice coffin, a grave plot, life-insurance, pre-paid burial service, right down to the silver buttons adoring your funeral garments.
You know what's interesting about knowing that everybody dies, it's one of the fundamental truths in this world—we can be certain there will be "death and taxes". So why don't we profit off the first so we can pay a little in the later? With it being one of the only infinite demand business models in the world, why not invest in funeral services and equipment? Stewart Enterprises, Inc. (NASDAQ:STEI) is a great way to 'reap' the rewards.
STEI is currently trading at just $6.80 per share (1:23 PM June 13th, 2012), with an ESP of $0.44, and an operating margin of over 15%, who couldn't learn to love the friendly modern undertaker service—for a fee of course. STEI has positive Operating Cash Flow of $79.6 million, and a strong current ratio of 2.13.
Analysts are estimating that STEI will grow substantially faster than the industry--a supposed 28.60%, while the industry grows at 4.70%, the S&P 500 is expected to grow at a rate of 13% this year—so STEI would still be nearly double in growth—rather nifty for a company who makes profit in the dance macabre.
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