Service Co. International (SCI) Projected to Post Quarterly Earnings on Wednesday

Service Co. International (NYSE:SCI) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Service Co. International to post earnings of $1.06 per share and revenue of $1.08 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Service Co. International Price Performance

Shares of Service Co. International stock opened at $77.79 on Wednesday. The stock has a market capitalization of $11.25 billion, a price-to-earnings ratio of 22.61, a P/E/G ratio of 2.05 and a beta of 0.87. The firm’s 50-day moving average price is $81.27 and its two-hundred day moving average price is $79.53. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 2.91. Service Co. International has a 1-year low of $64.10 and a 1-year high of $89.37.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SCI. StockNews.com raised Service Co. International from a “sell” rating to a “hold” rating in a report on Wednesday, December 4th. Oppenheimer lifted their price target on Service Co. International from $86.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Raymond James increased their price objective on shares of Service Co. International from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Truist Financial boosted their target price on shares of Service Co. International from $84.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $88.50.

Insider Activity at Service Co. International

In related news, CEO Thomas L. Ryan sold 50,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $86.11, for a total value of $4,305,500.00. Following the completion of the sale, the chief executive officer now owns 982,333 shares in the company, valued at approximately $84,588,694.63. This represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Elisabeth G. Nash sold 56,100 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $86.13, for a total value of $4,831,893.00. Following the transaction, the vice president now owns 109,260 shares in the company, valued at approximately $9,410,563.80. This trade represents a 33.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 108,655 shares of company stock worth $9,356,203 over the last 90 days. Insiders own 4.60% of the company’s stock.

About Service Co. International

Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery segments. The Funeral segment offers services related to cremations, including the use of home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, memorialization, and catering.