As of Friday close, Service Corporation International’s (NYSE:SCI) stock was down -$0.28, moving down -0.45 percent to $61.82. The average number of shares traded per day over the past five days has been 790,160 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.75 fall in that time frame. In the last twenty days, the average volume was 985,060, while in the previous 50 days, it was 1,013,912.
Since last month, SCI stock retreated -8.40%. Shares of the company fell to $61.60 on 08/18/23, the lowest level in the past month. A 52-week high of $74.66 was reached on 02/02/23 after having rallying from a 52-week low of $56.85. Since the beginning of this year, SCI’s stock price has dropped by -10.59% or -$7.32, and marked a new high 10 times. However, the stock has declined by -17.20% since its 52-week high.
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SCI stock investors should be aware that Service Corporation International (SCI) stock had its last reported insider trading activity 12 days ago on Aug 07. RYAN THOMAS L, the President, CEO & Chairman of the company, disposed of 1,000 shares for $65.31 on Aug 07. It resulted in a $65,309 divestment by the insider. RYAN THOMAS L sold 47,310 shares at an average price of $65.37 on Aug 04. The insider now owns 962,409 shares following the transaction. On May 22, President, CEO & Chairman RYAN THOMAS L sold 33 shares at $65.55 apiece. The transaction was valued at $2,163.
Valuation Metrics
Right now, Service Corporation International (SCI) has a P/E ratio of about 19.66. The stock’s beta is 0.77. Besides these, the trailing price-to-sales (P/S) ratio of 2.30, the price-to-book (PB) ratio of 5.68, and the price-to-cash flow ratio of 28.91 may also be considered.
The latest dividend of $0.39 per share was paid out, which is 44.44% more than last year’s $0.27.
Financial Health
In the three months ended June 29, Service Corporation International’s quick ratio stood at 0.40, while its current ratio was 0.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.71, and the total debt-to-equity ratio was 2.74. On the profitability front, the trailing twelve-month gross margin is 26.20% percent. In the year ended June 29, EBITDA margin amounted to 29.33%, whereas operating margins totaled 21.00%. Based on annual data, SCI earned $1.15 billion in gross profit and brought in $4.11 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.20%. Return on equity (ROE) for the past 12 months was 29.60%.
In Service Corporation International’s quarter-end financial report for June 29, it reported total debt of $3.9 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SCI’s revenue rose 56.25% to $1.13 billion during the quarter, while net income inched up to $1.76 billion. While analysts expected Service Corporation International to report $0.81 quarterly earnings, the actual figure was $0.83 per share, beating the consensus estimate by 2.50%. During the quarter, the company generated $314.18 million in EBITDA. The liabilities of Service Corporation International were 14.03 billion at the end of its most recent quarter ended June 29, and its total debt was $4.51 billion. The value of shareholders’ equity is $150.86 million.
Technical Picture
This quick technical analysis looks at Service Corporation International’s (SCI) price momentum. With a historical volatility rate of 8.75%, the RSI 9-day stood at 29.26% on 18 August.
With respect to its five-day moving average, the current Service Corporation International price is down by -2.75% percent or -$1.75. At present, SCI shares trade -7.47% below its 20-day simple moving average and -7.46% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.14% below its SMA50 and +2.00% above its SMA200.
Stochastic coefficient K was 4.90% and Stochastic coefficient D was 6.80%, while ATR was 1.25. Given the Stochastic reading of 3.55% for the 14-day period, the RSI (14) reading has been calculated as 34.91%. As of today, the MACD Oscillator reading stands at -0.68, while the 14-day reading stands at -1.42.
Analyst Ratings
Truist launched its rating on Service Corporation International (NYSE: SCI) to a Buy in a note to investors on October 07, 2022. Service Corporation International (SCI) has been rated Buy by analysts. According to 0 brokerage firms, SCI is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Service Corporation International stock as buy, with 4 recommending it as overweight.
With a median target price of $80.00, the current consensus forecast for the stock is $74.00 – $80.00. Based on these forecasts, analysts predict Service Corporation International (SCI) will achieve an average price target of $77.80.
