Service Corporation International (NYSE:SCI) Stock Rating Lowered by Wall Street Zen

Service Corporation International (NYSE:SCI) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

SCI has been the subject of a number of other research reports. UBS Group increased their price objective on Service Corporation International from $93.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Service Corporation International in a report on Monday, August 31st. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $100.67.

Service Corporation International Trading Up 0.1%

Shares of SCI opened at $82.25 on Friday. The stock has a market cap of $11.21 billion, a PE ratio of 21.48, a P/E/G ratio of 1.82 and a beta of 0.80. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.53 and a quick ratio of 0.49. Service Corporation International has a 12 month low of $68.41 and a 12 month high of $90.99. The stock’s 50-day moving average is $81.91 and its two-hundred day moving average is $79.90.

Service Corporation International (NYSE:SCI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.89 by $0.01. Service Corporation International had a return on equity of 34.38% and a net margin of 12.30%.The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the firm posted $0.88 earnings per share. The company’s revenue was up 3.6% compared to the same quarter last year. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. Equities analysts forecast that Service Corporation International will post 4.18 earnings per share for the current fiscal year.

Insider Activity at Service Corporation International

In other Service Corporation International news, CEO Thomas Ryan sold 253,391 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $85.25, for a total value of $21,601,582.75. Following the completion of the transaction, the chief executive officer directly owned 1,006,212 shares of the company’s stock, valued at approximately $85,779,573. The trade was a 20.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Service Corporation International

Several institutional investors have recently modified their holdings of the business. Sunbelt Securities Inc. bought a new position in shares of Service Corporation International in the 3rd quarter valued at $42,000. Root Financial Partners LLC grew its holdings in Service Corporation International by 35.7% during the 1st quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock worth $50,000 after acquiring an additional 161 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Service Corporation International in the fourth quarter valued at $54,000. Danske Bank A S acquired a new stake in shares of Service Corporation International in the third quarter valued at about $83,000. Finally, Toronto Dominion Bank acquired a new stake in Service Corporation International during the 4th quarter valued at approximately $238,000. Institutional investors own 85.53% of the company’s stock.

Service Corporation International Company Profile

Service Corporation International (NYSE:SCI) is a provider of funeral, cremation and cemetery services in North America. The company operates funeral homes, cemeteries and crematoria, serving families through arrangements for traditional funerals, memorial services, cremations and related end-of-life needs.

SCI offers funeral and cemetery merchandise, burial and cremation property, memorialization products and other services. It also provides preneed arrangements, allowing customers to plan and fund funeral or cemetery services in advance.