Service Co. International (SCI) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Service Co. International (NYSE:SCI) posted its earnings results on Monday. The company reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.02), Fidelity Earnings reports. Service Co. International had a net margin of 15.76% and a return on equity of 22.47%.

SCI opened at $45.97 on Tuesday. The company has a current ratio of 0.54, a quick ratio of 0.49 and a debt-to-equity ratio of 2.38. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 1.86 and a beta of 1.10. Service Co. International has a 52-week low of $35.19 and a 52-week high of $47.09.

Several equities analysts have issued reports on SCI shares. Zacks Investment Research upgraded shares of Service Co. International from a “sell” rating to a “hold” rating in a research note on Tuesday, November 27th. Oppenheimer upped their target price on shares of Service Co. International from $42.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, October 26th. Finally, Raymond James upped their target price on shares of Service Co. International from $45.00 to $47.00 and gave the company a “strong-buy” rating in a research note on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $47.00.

In other news, VP Steven A. Tidwell sold 9,300 shares of the stock in a transaction that occurred on Thursday, November 29th. The shares were sold at an average price of $45.90, for a total value of $426,870.00. Following the transaction, the vice president now owns 55,897 shares in the company, valued at approximately $2,565,672.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.60% of the stock is currently owned by corporate insiders.

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Service Co. International Company Profile

Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.

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Earnings History for Service Co. International (NYSE:SCI)

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