Service Co. International (SCI) to Release Quarterly Earnings on Wednesday

Service Co. International (NYSE:SCI - Get Free Report) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $1.08 billion for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Service Co. International Stock Performance

NYSE:SCI traded down $0.57 during trading hours on Friday, hitting $76.30. 915,805 shares of the company traded hands, compared to its average volume of 1,011,337. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 2.91. Service Co. International has a twelve month low of $65.09 and a twelve month high of $89.37. The firm has a 50-day moving average of $80.56 and a 200 day moving average of $79.50. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 2.01 and a beta of 0.87.

Insider Transactions at Service Co. International

In related news, CEO Thomas L. Ryan sold 50,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $86.11, for a total transaction of $4,305,500.00. Following the sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Tony Coelho sold 2,555 shares of Service Co. International stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $85.64, for a total value of $218,810.20. Following the completion of the transaction, the director now owns 53,324 shares of the company's stock, valued at approximately $4,566,667.36. The trade was a 4.57 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 108,655 shares of company stock valued at $9,356,203. Corporate insiders own 5.10% of the company's stock.

Analyst Upgrades and Downgrades

SCI has been the subject of several research reports. Oppenheimer increased their target price on shares of Service Co. International from $86.00 to $92.00 and gave the company an "outperform" rating in a research note on Friday, December 13th. StockNews.com raised Service Co. International from a "sell" rating to a "hold" rating in a report on Wednesday, December 4th. Raymond James upped their target price on Service Co. International from $80.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Finally, Truist Financial lifted their price target 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. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Service Co. International has a consensus rating of "Moderate Buy" and an average price target of $88.50.

About Service Co. International

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.