Service Co. International (SCI) Receiving Somewhat Favorable Media Coverage, Study Shows

News coverage about Service Co. International (NYSE:SCI) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Service Co. International earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.5576629448266 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

A number of equities research analysts recently issued reports on the stock. Credit Suisse Group lifted their price target on shares of Service Co. International from $40.00 to $46.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Oppenheimer reissued a “buy” rating and issued a $42.00 price target on shares of Service Co. International in a research note on Thursday, January 18th. Zacks Investment Research cut shares of Service Co. International from a “buy” rating to a “hold” rating in a research note on Wednesday, March 21st. Deutsche Bank lifted their price target on shares of Service Co. International from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, February 15th. Finally, Bank of America lifted their price target on shares of Service Co. International from $46.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $43.60.

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SCI traded down $0.45 on Friday, hitting $37.70. 1,265,576 shares of the company’s stock were exchanged, compared to its average volume of 1,183,842. Service Co. International has a fifty-two week low of $30.39 and a fifty-two week high of $40.28. The company has a quick ratio of 0.55, a current ratio of 0.58 and a debt-to-equity ratio of 2.22. The stock has a market cap of $6,923.03, a PE ratio of 24.32, a price-to-earnings-growth ratio of 1.70 and a beta of 0.94.

Service Co. International (NYSE:SCI) last announced its earnings results on Tuesday, February 13th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Service Co. International had a net margin of 17.66% and a return on equity of 23.68%. The company had revenue of $812.73 million for the quarter, compared to analysts’ expectations of $823.66 million. During the same quarter in the previous year, the company posted $0.47 EPS. research analysts anticipate that Service Co. International will post 1.81 earnings per share for the current year.

Service Co. International announced that its Board of Directors has initiated a stock repurchase program on Tuesday, February 13th that allows the company to buyback $298.00 million in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Thursday, March 15th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Wednesday, March 14th. This is a boost from Service Co. International’s previous quarterly dividend of $0.15. Service Co. International’s payout ratio is 43.87%.

In other Service Co. International news, Director Tony Coelho sold 3,110 shares of Service Co. International stock in a transaction on Friday, February 16th. The shares were sold at an average price of $39.11, for a total transaction of $121,632.10. Following the sale, the director now owns 63,240 shares of the company’s stock, valued at approximately $2,473,316.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 6.20% of the company’s stock.

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Service Co. International Company Profile

Service Corporation International is a provider of deathcare products and services, with a network of funeral service locations and cemeteries. The Company’s segments include Funeral, Cemetery and Corporate. It conducts both funeral and cemetery operations in the United States and Canada. As December 31, 2016, it operated 1,502 funeral service locations and 470 cemeteries, including 281 funeral service/cemetery combination locations, which are geographically diversified across 45 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.

Insider Buying and Selling by Quarter for Service Co. International (NYSE:SCI)

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