Service Corp. International (NYSE: SCI) is 24.35% higher on its value in year-to-date trading and has touched a low of $57.49 and a high of $88.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SCI stock was last observed hovering at around $86.17 in the last trading session, with the day’s loss setting it -1.05%.
Currently trading at $85.12, the stock is 5.98% and 7.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -1.22% at the moment leaves the stock 15.10% off its SMA200. SCI registered 45.98% gain for a year compared to 6-month gain of 21.98%. The firm has a 50-day simple moving average (SMA 50) of $78.8322 and a 200-day simple moving average (SMA200) of $73.95325.
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The stock witnessed a 12.85% loss in the last 1 month and extending the period to 3 months gives it a 12.12%, and is -2.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.86% over the week and 1.95% over the month.
Service Corp. International (SCI) has around 17612 employees, a market worth around $12.31B and $4.15B in sales. Current P/E ratio is 24.83 and Fwd P/E is 21.52. Profit margin for the company is 12.19%. Distance from 52-week low is 48.06% and -3.62% from its 52-week high. The company has generated returns on investments over the last 12 months (7.94%).
The EPS is expected to grow by 1.57% this year
711.0 institutions hold shares in Service Corp. International (SCI), with institutional investors hold 93.08% of the company’s shares. The shares outstanding are 146.32M, and float is at 140.45M with Short Float at 6.03%. Institutions hold 90.38% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.49 million shares valued at $1.03 billion. The investor’s holdings represent 9.9087 of the SCI Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 13.0 million shares valued at $924.64 million to account for 8.8875 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 12.83 million shares representing 8.7708 and valued at over $912.5 million, while SELECT EQUITY GROUP, L.P. holds 4.9497 of the shares totaling 7.24 million with a market value of $514.97 million.
Service Corp. International (SCI) Insider Activity
The most recent transaction is an insider sale by WARING SUMNER J III, the company’s Sr.VP& Chief Operating Officer. SEC filings show that WARING SUMNER J III sold 36,100 shares of the company’s common stock on Nov 06 ’24 at a price of $86.59 per share for a total of $3.13 million. Following the sale, the insider now owns 0.29 million shares.
Service Corp. International disclosed in a document filed with the SEC on Nov 05 ’24 that RYAN THOMAS L (President, CEO & Chairman) sold a total of 55,000 shares of the company’s common stock. The trade occurred on Nov 05 ’24 and was made at $83.37 per share for $4.59 million. Following the transaction, the insider now directly holds 0.98 million shares of the SCI stock.
Still, SEC filings show that on Nov 06 ’24, RYAN THOMAS L (President, CEO & Chairman) disposed off 50,000 shares at an average price of $85.88 for $4.29 million. The insider now directly holds 982,333 shares of Service Corp. International (SCI).
