Service Co. International (NYSE:SCI) has been given an average rating of “Buy” by the seven ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $44.20.
Separately, Zacks Investment Research upgraded shares of Service Co. International from a “sell” rating to a “hold” rating in a research note on Thursday, June 14th.
In related news, Director Edward E. Williams sold 7,835 shares of the firm’s stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $39.52, for a total transaction of $309,639.20. Following the transaction, the director now directly owns 56,663 shares of the company’s stock, valued at $2,239,321.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Thomas L. Ryan sold 142,000 shares of the firm’s stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $38.87, for a total transaction of $5,519,540.00. Following the transaction, the chief executive officer now directly owns 1,086,178 shares in the company, valued at $42,219,738.86. The disclosure for this sale can be found here. Insiders sold 845,985 shares of company stock worth $33,859,909 over the last three months. Insiders own 6.20% of the company’s stock.
SCI stock traded up $0.17 during trading hours on Friday, reaching $42.16. The stock had a trading volume of 753,835 shares, compared to its average volume of 1,058,861. The stock has a market cap of $7.57 billion, a P/E ratio of 27.20, a P/E/G ratio of 1.82 and a beta of 0.97. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.56 and a quick ratio of 0.51. Service Co. International has a fifty-two week low of $33.16 and a fifty-two week high of $42.93.
Service Co. International (NYSE:SCI) last announced its quarterly earnings results on Monday, July 30th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. The firm had revenue of $796.09 million during the quarter, compared to analysts’ expectations of $792.56 million. Service Co. International had a net margin of 15.59% and a return on equity of 23.37%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 earnings per share. equities research analysts anticipate that Service Co. International will post 1.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be given a $0.18 dividend. The ex-dividend date is Thursday, September 13th. This is a positive change from Service Co. International’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a dividend yield of 1.71%. Service Co. International’s dividend payout ratio is presently 43.87%.
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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