Service Co. International (NYSE:SCI) Posts Quarterly Earnings Results, Hits Estimates

Service Co. International (NYSE:SCI) announced its quarterly earnings data on Wednesday. The company reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06, Zacks reports. Service Co. International had a return on equity of 31.84% and a net margin of 12.19%. Service Co. International updated its FY 2025 guidance to 3.700-4.000 EPS.

Service Co. International Price Performance

NYSE:SCI traded down $1.54 during mid-day trading on Wednesday, hitting $75.81. 1,931,624 shares of the stock traded hands, compared to its average volume of 1,127,850. The business’s 50-day moving average price is $80.32 and its 200 day moving average price is $79.57. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 2.91. The company has a market cap of $10.96 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 2.01 and a beta of 0.87. Service Co. International has a 12-month low of $66.05 and a 12-month high of $89.37.

Insiders Place Their Bets

In other Service Co. International news, CEO Thomas L. Ryan sold 50,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 982,333 shares in the company, valued at $84,588,694.63. This represents a 4.84 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Elisabeth G. Nash sold 56,100 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $86.13, for a total value of $4,831,893.00. Following the completion of the sale, the vice president now directly owns 109,260 shares in the company, valued at approximately $9,410,563.80. The trade was a 33.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 108,655 shares of company stock worth $9,356,203 in the last three months. 5.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

SCI has been the subject of several recent research reports. Truist Financial lifted their target price on shares of Service Co. International from $84.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Oppenheimer raised their price objective on shares of Service Co. International from $86.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. StockNews.com cut shares of Service Co. International from a “hold” rating to a “sell” rating in a report on Monday. Finally, Raymond James increased their target price on Service Co. International from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $88.50.

Service Co. International Company Profile

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.