Service Co. International (SCI) Expected to Announce Quarterly Earnings on Wednesday

Service Co. International (NYSE:SCI) is expected to post 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Service Co. International Stock Up 0.4 %

Service Co. International stock opened at $77.79 on Wednesday. The company has a debt-to-equity ratio of 2.91, a current ratio of 0.52 and a quick ratio of 0.48. Service Co. International has a fifty-two week low of $64.10 and a fifty-two week high of $89.37. The firm has a fifty day moving average price of $81.27 and a two-hundred day moving average price of $79.53. The firm has a market cap 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.

Insider Activity at Service Co. International

In other news, CEO Thomas L. Ryan sold 50,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 982,333 shares of the company’s stock, valued at approximately $84,588,694.63. This represents a 4.84 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Tony Coelho sold 2,555 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $85.64, for a total value of $218,810.20. Following the transaction, the director now owns 53,324 shares of the company’s stock, valued at $4,566,667.36. This trade represents a 4.57 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 108,655 shares of company stock worth $9,356,203. 4.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

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.