In the past week, SCI stock has gone down by -2.76%, with a monthly decline of -3.57% and a quarterly surge of 6.31%. The volatility ratio for the week is 3.21%, and the volatility levels for the last 30 days are 2.07% for Service Corp. International The simple moving average for the last 20 days is -0.75% for SCI stock, with a simple moving average of 6.32% for the last 200 days.
Is It Worth Investing in Service Corp. International (NYSE: SCI) Right Now?
Service Corp. International (NYSE: SCI) has a price-to-earnings ratio of 19.94x that is above its average ratio. Additionally, the 36-month beta value for SCI is 0.85. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SCI is 142.11M and currently, short sellers hold a 3.23% ratio of that float. The average trading volume of SCI on May 08, 2024 was 860.22K shares.
SCI) stock’s latest price update
The stock of Service Corp. International (NYSE: SCI) has increased by 2.15 when compared to last closing price of 67.97. Despite this, the company has experienced a -2.76% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that After losing some value lately, a hammer chart pattern has been formed for Service Corp. (SCI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Analysts’ Opinion of SCI
Many brokerage firms have already submitted their reports for SCI stocks, with UBS repeating the rating for SCI by listing it as a “Buy.” The predicted price for SCI in the upcoming period, according to UBS is $72 based on the research report published on November 30, 2023 of the previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see SCI reach a price target of $72. The rating they have provided for SCI stocks is “Buy” according to the report published on October 07th, 2022.
SCI Trading at -3.58% from the 50-Day Moving Average
After a stumble in the market that brought SCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.61% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 3.21%, as shares sank -1.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.42% lower at present.
During the last 5 trading sessions, SCI fell by -3.00%, which changed the moving average for the period of 200-days by +4.69% in comparison to the 20-day moving average, which settled at $69.90. In addition, Service Corp. International saw 1.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SCI starting from LUND VICTOR L, who sale 7,606 shares at the price of $70.00 back on Apr 15 ’24. After this action, LUND VICTOR L now owns 0 shares of Service Corp. International, valued at $532,420 using the latest closing price.
LUND VICTOR L, the Director of Service Corp. International, sale 1,011 shares at $70.00 during a trade that took place back on Apr 12 ’24, which means that LUND VICTOR L is holding 7,606 shares at $70,770 based on the most recent closing price.
Stock Fundamentals for SCI
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.26 for the gross margin
The net margin for Service Corp. International stands at 0.13. The total capital return value is set at 0.06. Equity return is now at value 32.62, with 3.27 for asset returns.
Based on Service Corp. International (SCI), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 2.94. The interest coverage ratio of the stock is 3.73.
Currently, EBITDA for the company is 1.25 billion with net debt to EBITDA at 3.6. When we switch over and look at the enterprise to sales, we see a ratio of 3.55. The receivables turnover for the company is 23.32for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In conclusion, Service Corp. International (SCI) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high..
