Service Co. International (NYSE:SCI – Get Rating) is set to release its earnings data after the market closes on Tuesday, May 3rd. Analysts expect Service Co. International to post earnings of $0.99 per share for the quarter. Service Co. International has set its FY 2022 guidance at $2.800-$3.200 EPS and its FY22 guidance at $2.80-3.20 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.
Service Co. International (NYSE:SCI – Get Rating) last issued its quarterly earnings results on Monday, February 14th. The company reported $1.17 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.17. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $988.81 million. Service Co. International had a net margin of 19.38% and a return on equity of 40.83%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.13 earnings per share. On average, analysts expect Service Co. International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of SCI opened at $69.45 on Tuesday. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 2.04. The stock has a market capitalization of $11.16 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 2.73 and a beta of 0.77. The firm’s fifty day simple moving average is $64.56 and its two-hundred day simple moving average is $65.44. Service Co. International has a 12 month low of $51.51 and a 12 month high of $72.07.
SCI has been the topic of a number of analyst reports. StockNews.com initiated coverage on shares of Service Co. International in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Zacks Investment Research downgraded shares of Service Co. International from a “strong-buy” rating to a “hold” rating and set a $74.00 target price for the company. in a research report on Tuesday, April 19th. Oppenheimer reduced their target price on shares of Service Co. International from $75.00 to $64.00 in a research report on Wednesday, February 16th. Finally, Credit Suisse Group increased their target price on shares of Service Co. International from $80.00 to $81.00 and gave the company an “outperform” rating in a research report on Wednesday, February 16th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Service Co. International presently has a consensus rating of “Buy” and an average target price of $73.50.
Large investors have recently made changes to their positions in the business. Allianz Asset Management GmbH purchased a new stake in shares of Service Co. International during the 4th quarter valued at $10,177,000. Goldman Sachs Group Inc. raised its position in Service Co. International by 10.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 626,396 shares of the company’s stock worth $44,468,000 after purchasing an additional 59,672 shares during the period. Glenmede Trust Co. NA raised its position in Service Co. International by 74.5% in the 4th quarter. Glenmede Trust Co. NA now owns 94,339 shares of the company’s stock worth $6,696,000 after purchasing an additional 40,290 shares during the period. Sei Investments Co. raised its position in Service Co. International by 62.2% in the 4th quarter. Sei Investments Co. now owns 58,938 shares of the company’s stock worth $4,270,000 after purchasing an additional 22,601 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new position in Service Co. International in the 4th quarter worth $1,183,000. 82.49% of the stock is owned by hedge funds and other institutional investors.
About Service Co. International (Get Rating)
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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