Service Corporation International (NYSE:SCI) Given New $100.00 Price Target at JPMorgan Chase & Co.

Service Corporation International (NYSE:SCI) had its price objective decreased by analysts at JPMorgan Chase & Co. from $110.00 to $100.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 24.45% from the stock’s current price.

Several other analysts also recently commented on the stock. Wall Street Zen downgraded shares of Service Corporation International from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Weiss Ratings raised shares of Service Corporation International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, April 24th. Finally, Oppenheimer upped their price objective on shares of Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a report on Thursday, April 2nd. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, Service Corporation International currently has a consensus rating of “Buy” and a consensus target price of $95.50.

Service Corporation International Stock Down 0.8%

Shares of SCI traded down $0.68 during midday trading on Friday, reaching $80.35. 893,089 shares of the stock were exchanged, compared to its average volume of 1,162,999. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 21.20, a P/E/G ratio of 1.91 and a beta of 0.97. The company has a quick ratio of 0.50, a current ratio of 0.55 and a debt-to-equity ratio of 3.10. Service Corporation International has a 12-month low of $74.14 and a 12-month high of $88.67. The firm has a 50 day simple moving average of $81.85 and a 200-day simple moving average of $80.73.

Service Corporation International (NYSE:SCI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.03). The firm had revenue of $544.80 million during the quarter, compared to the consensus estimate of $1.09 billion. Service Corporation International had a net margin of 12.36% and a return on equity of 34.28%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.96 EPS. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. Research analysts forecast that Service Corporation International will post 4.19 EPS for the current year.

Insiders Place Their Bets

In related news, CAO Tammy R. Moore sold 5,000 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $80.48, for a total transaction of $402,400.00. Following the completion of the sale, the chief accounting officer directly owned 21,654 shares of the company’s stock, valued at approximately $1,742,713.92. This represents a 18.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tony Coelho sold 7,700 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $79.87, for a total transaction of $614,999.00. Following the completion of the transaction, the director owned 28,388 shares in the company, valued at $2,267,349.56. The trade was a 21.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Service Corporation International in the third quarter valued at approximately $33,000. Root Financial Partners LLC acquired a new position in Service Corporation International during the 3rd quarter valued at $34,000. Quent Capital LLC bought a new stake in Service Corporation International in the 3rd quarter valued at $34,000. Sunbelt Securities Inc. bought a new stake in Service Corporation International in the 3rd quarter valued at $42,000. Finally, Sentry Investment Management LLC acquired a new stake in Service Corporation International in the 3rd quarter worth $46,000. 85.53% of the stock is owned by institutional investors.

About Service Corporation International

Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.

Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.