Service Corp. International Sets New 1-Year High Following Analyst Upgrade (SCI)
Shares of Service Corp. International (NYSE:SCI) hit a new 52-week high on Friday after Susquehanna raised their price target on the stock from $25.00 to $27.00, AnalystRatingsNetwork.com reports. The company traded as high as $21.25 and last traded at $21.04, with a volume of 2,103,283 shares traded. The stock had previously closed at $21.00.
The stock’s 50-day moving average is $20.47 and its 200-day moving average is $19.27. The company has a market cap of $4.458 billion and a price-to-earnings ratio of 37.84.
Service Corp. International (NYSE:SCI) last released its earnings data on Wednesday, July 30th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The company had revenue of $746.75 million for the quarter, compared to the consensus estimate of $731.26 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. On average, analysts predict that Service Corp. International will post $1.09 earnings per share for the current fiscal year.
Service Corporation International (NYSE:SCI) is a provider of deathcare products and services, with a network of funeral service locations and cemeteries primarily operating in the United States and Canada.
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