When is the right time to cash out of Service Corporation International [SCI] stock?

In yesterday’s Wall Street session, Service Corporation International (NYSE:SCI) shares traded at $69.14, down -0.90% from the previous session.

As of this writing, 5 analysts cover Service Corporation International (NYSE:SCI). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $85.00 and a low of $74.00, we find $80.00. Given the previous closing price of $69.77, this indicates a potential upside of 14.66 percent. SCI stock price is now 1.82% away from the 50-day moving average and 3.51% away from the 200-day moving average. The market capitalization of the company currently stands at $10.73B.

There are 0 analysts who have given it a hold rating, whereas 4 have given it a buy rating. Brokers who have rated the stock have averaged $80.40 as their price target over the next twelve months.

With the price target of $72, Truist recently initiated with Buy rating for Service Corporation International (NYSE: SCI). , while ‘BofA/Merrill’ rates the stock as ‘Buy’.

In other news, RYAN THOMAS L, President, CEO & Chairman sold 16,938 shares of the company’s stock on Dec 14. The stock was sold for $1,187,589 at an average price of $70.11. Upon completion of the transaction, the President, CEO & Chairman now directly owns 962,409 shares in the company, valued at $66.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 14, Sr.V.P. Sales & Marketing Tidwell Steven A sold 6,705 shares of the business’s stock. A total of $471,204 was realized by selling the stock at an average price of $70.28. This leaves the insider owning 52,125 shares of the company worth $3.6 million. Insiders disposed of 652,602 shares of company stock worth roughly $45.12 million over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in SCI stock. A new stake in Service Corporation International shares was purchased by SEGALL BRYANT & HAMILL, LLC during the first quarter worth $15,917,000. AMALGAMATED FINANCIAL CORP. invested $7,839,000 in shares of SCI during the first quarter. In the first quarter, CLARIVEST ASSET MANAGEMENT LLC acquired a new stake in Service Corporation International valued at approximately $7,461,000. PEAK6 INVESTMENTS LLC acquired a new stake in SCI for approximately $5,993,000. VOLORIDGE INVESTMENT MANAGEMENT, LLC purchased a new stake in SCI valued at around $2,900,000 in the second quarter. In total, there are 685 active investors with 89.20% ownership of the company’s stock.

Friday morning saw Service Corporation International (NYSE: SCI) opened at $69.47. During the past 12 months, Service Corporation International has had a low of $56.85 and a high of $75.11. As of last week, the company has a debt-to-equity ratio of 2.50, a current ratio of 0.50, and a quick ratio of 0.40. The fifty day moving average price for SCI is $68.09 and a two-hundred day moving average price translates $66.82 for the stock.

The latest earnings results from Service Corporation International (NYSE: SCI) was released for Jun, 2022. According to the Personal Services Company, earnings per share came in at $0.84, beating analysts’ expectations of $0.82 by 0.02. This compares to $1.23 EPS in the same period last year. The net profit margin was 16.50% and return on equity was 37.40% for SCI. The company reported revenue of $977.72 million for the quarter, compared to $1.03 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.48 percent. For the current quarter, analysts expect SCI to generate $892.58M in revenue.

Moreover, the firm recently paid out its quarterly dividend on 12/30/2022. Investors who held shares on 12/15/2022 were paid a $0.27 dividend. On an annualized basis, this represents a $1.08 dividend and a 1.56% percent yield. There was an ex-dividend date of 12/14/2022 for this dividend. In terms of dividend payout ratio, SCI is presently at 22.70%.

Service Corporation International(SCI) 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. The company also provides professional services related to funerals and cremations, including the use of funeral facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services. In addition, it offers funeral merchandise, including burial caskets and related accessories, urns and other cremation receptacles, outer burial containers, flowers, online and video tributes, stationery products, casket and cremation memorialization products, and other ancillary merchandise. Further, the company’s cemeteries provide cemetery property interment rights, such as developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options; and sells cemetery merchandise and services, including memorial markers and bases, outer burial containers, flowers and floral placements, graveside services, merchandise installations, and interments, as well as offers preneed cemetery merchandise and services. Service Corporation International offers its products and services under the Dignity Memorial, Dignity Planning, National Cremation Society, Advantage Funeral and Cremation Services, Funeraria del Angel, Making Everlasting Memories, Neptune Society, and Trident Society brands. As of December 31, 2021, it owned and operated 1,471 funeral service locations; and 488 cemeteries, including 299 funeral service/cemetery combination locations covering 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. The company was incorporated in 1962 and is headquartered in Houston, Texas.