To support such a rise, EZ would almost certainly have to dilute shares somewhat and increase overhead expenses, making the target price a bit high in this example.
The funeral home owner takes a bit of a haircut when the preneed contract comes due, but he has more than enough full-price customers to cover the overhead.
Price action Wednesday saw the market move above what was stiff overhead technical resistance at the February high, which gives the bulls still more upside near-term technical momentum.
Price action Wednesday saw the market move above what was stiff overhead technical resistance at the February high, which has given the bulls still more upside near-term technical momentum.