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

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

Service Co. International Stock Down 2.0 %

Shares of NYSE:SCI opened at $75.81 on Thursday. The stock has a market capitalization of $10.96 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 2.01 and a beta of 0.87. The stock’s 50-day moving average price is $79.87 and its 200-day moving average price is $79.55. 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 12-month low of $66.05 and a 12-month high of $89.37.

Insider Activity

In other Service Co. International news, CEO Thomas L. Ryan sold 50,000 shares of Service Co. International stock in a transaction that occurred on 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 of the company’s stock, valued at $84,588,694.63. The trade was a 4.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Elisabeth G. Nash sold 56,100 shares of the stock in a transaction that occurred on 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 sale, the vice president now directly owns 109,260 shares of the company’s stock, valued at approximately $9,410,563.80. This trade represents a 33.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 108,655 shares of company stock valued at $9,356,203. Insiders own 5.10% of the company’s stock.

Analysts Set New Price Targets

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