Brokerages expect that Service Co. International (NYSE:SCI) will announce earnings per share (EPS) of $0.60 for the current quarter, according to Zacks. Two analysts have made estimates for Service Co. International’s earnings, with the highest EPS estimate coming in at $0.61 and the lowest estimate coming in at $0.59. Service Co. International reported earnings of $0.54 per share in the same quarter last year, which suggests a positive year over year growth rate of 11.1%. The business is scheduled to report its next quarterly earnings report after the market closes on Monday, February 17th.
According to Zacks, analysts expect that Service Co. International will report full-year earnings of $1.90 per share for the current financial year, with EPS estimates ranging from $1.90 to $1.91. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.11 per share, with EPS estimates ranging from $2.06 to $2.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow Service Co. International.
SCI has been the subject of several recent research reports. Credit Suisse Group reissued a “buy” rating and issued a $52.00 price objective on shares of Service Co. International in a research note on Monday, November 4th. Zacks Investment Research lowered shares of Service Co. International from a “hold” rating to a “sell” rating and set a $47.00 price objective for the company. in a research note on Monday, December 9th.
Shares of NYSE SCI traded up $1.32 during midday trading on Friday, hitting $49.96. The company’s stock had a trading volume of 1,302,900 shares, compared to its average volume of 671,777. The business’s fifty day simple moving average is $47.49 and its two-hundred day simple moving average is $46.25. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.63 and a quick ratio of 0.58. Service Co. International has a 1 year low of $38.92 and a 1 year high of $50.10. The firm has a market capitalization of $8.67 billion, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 2.00 and a beta of 0.87.
In related news, VP Elisabeth G. Nash sold 47,600 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $44.26, for a total value of $2,106,776.00. Following the sale, the vice president now owns 167,918 shares of the company’s stock, valued at $7,432,050.68. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 5.50% of the stock is owned by company insiders.
A number of large investors have recently modified their holdings of the stock. Point72 Hong Kong Ltd acquired a new stake in Service Co. International in the fourth quarter valued at approximately $151,000. Captrust Financial Advisors raised its holdings in Service Co. International by 182.2% in the fourth quarter. Captrust Financial Advisors now owns 15,357 shares of the company’s stock valued at $709,000 after acquiring an additional 9,915 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Service Co. International in the fourth quarter valued at approximately $1,743,000. Blueshift Asset Management LLC raised its holdings in Service Co. International by 227.0% in the fourth quarter. Blueshift Asset Management LLC now owns 46,044 shares of the company’s stock valued at $2,119,000 after acquiring an additional 31,962 shares in the last quarter. Finally, First Republic Investment Management Inc. raised its holdings in Service Co. International by 5.1% in the fourth quarter. First Republic Investment Management Inc. now owns 19,553 shares of the company’s stock valued at $900,000 after acquiring an additional 952 shares in the last quarter. 88.76% of the stock is currently owned by hedge funds and other institutional investors.
Service Co. International Company Profile
Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.
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