Service Corporation International (NYSE:SCI) Price Target Lowered to $93.00 at UBS Group

Service Corporation International (NYSE:SCI) had its price target dropped by stock analysts at UBS Group from $95.00 to $93.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 16.44% from the stock’s current price.

Several other research firms also recently issued reports on SCI. Wall Street Zen downgraded Service Corporation International from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Weiss Ratings upgraded Service Corporation International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Oppenheimer increased their target price on Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a research report on Thursday, April 2nd. Finally, JPMorgan Chase & Co. dropped their target price on Service Corporation International from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $95.00.

Service Corporation International Stock Performance

NYSE SCI traded down $1.16 during trading on Friday, hitting $79.87. 1,768,033 shares of the company’s stock traded hands, compared to its average volume of 1,174,210. The stock has a market capitalization of $11.08 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.91 and a beta of 0.97. Service Corporation International has a 12-month low of $74.14 and a 12-month high of $88.67. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.50 and a current ratio of 0.55. The business has a 50 day moving average of $81.85 and a 200-day moving average of $80.73.

Service Corporation International (NYSE:SCI) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.03). The business had revenue of $544.80 million for the quarter, compared to analysts’ expectations of $1.09 billion. Service Corporation International had a net margin of 12.36% and a return on equity of 34.28%. Service Corporation International’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $0.96 earnings per share. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. As a group, equities research analysts anticipate that Service Corporation International will post 4.19 earnings per share for the current fiscal year.

Insider Transactions at Service Corporation International

In related news, CAO Tammy R. Moore sold 5,000 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $80.48, for a total value of $402,400.00. Following the sale, the chief accounting officer owned 21,654 shares in the company, valued at approximately $1,742,713.92. This trade represents a 18.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Tony Coelho sold 7,700 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $79.87, for a total value of $614,999.00. Following the completion of the sale, the director owned 28,388 shares in the company, valued at $2,267,349.56. This trade represents a 21.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On Service Corporation International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its position in shares of Service Corporation International by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 3,451,153 shares of the company’s stock worth $269,128,000 after buying an additional 16,541 shares in the last quarter. Marshall Wace LLP raised its stake in Service Corporation International by 31.8% in the third quarter. Marshall Wace LLP now owns 549,162 shares of the company’s stock valued at $45,701,000 after purchasing an additional 132,591 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Service Corporation International by 48.7% in the first quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company’s stock valued at $33,474,000 after purchasing an additional 136,770 shares in the last quarter. Rhumbline Advisers raised its stake in Service Corporation International by 3.0% in the third quarter. Rhumbline Advisers now owns 394,961 shares of the company’s stock valued at $32,869,000 after purchasing an additional 11,484 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S raised its stake in Service Corporation International by 8.4% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 381,200 shares of the company’s stock valued at $31,723,000 after purchasing an additional 29,478 shares in the last quarter. Hedge funds and other institutional investors own 85.53% of the company’s stock.

Service Corporation International Company Profile

Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.

Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.