Service Corporation International (NYSE:SCI) Stock Rating Lowered by Wall Street Zen

Service Corporation International (NYSE:SCI) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Oppenheimer upped their price target on Service Corporation International from $94.00 to $97.00 and gave the company an “outperform” rating in a report on Thursday, April 2nd. Weiss Ratings downgraded Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Finally, UBS Group reduced their price objective on Service Corporation International from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $95.00.

Service Corporation International Stock Performance

Shares of NYSE SCI opened at $75.99 on Friday. Service Corporation International has a 1 year low of $68.41 and a 1 year high of $88.67. The firm has a market cap of $10.48 billion, a P/E ratio of 20.05, a PEG ratio of 1.70 and a beta of 0.84. The stock has a fifty day moving average price of $77.25 and a two-hundred day moving average price of $79.34. The company has a debt-to-equity ratio of 3.22, a quick ratio of 0.52 and a current ratio of 0.57.

Service Corporation International (NYSE:SCI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.03). Service Corporation International had a net margin of 12.36% and a return on equity of 34.30%. The firm had revenue of $544.80 million during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the company earned $0.96 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. Research analysts forecast that Service Corporation International will post 4.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SCI. Geode Capital Management LLC raised its holdings in shares of Service Corporation International by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 3,451,153 shares of the company’s stock valued at $269,128,000 after acquiring an additional 16,541 shares during the period. Turtle Creek Asset Management Inc. lifted its position in shares of Service Corporation International by 12.0% in the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,161,496 shares of the company’s stock valued at $95,835,000 after acquiring an additional 124,151 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Service Corporation International by 31.8% in the 3rd quarter. Marshall Wace LLP now owns 549,162 shares of the company’s stock valued at $45,701,000 after acquiring an additional 132,591 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Service Corporation International by 48.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company’s stock worth $33,474,000 after purchasing an additional 136,770 shares during the period. Finally, California State Teachers Retirement System boosted its stake in Service Corporation International by 18.3% in the 1st quarter. California State Teachers Retirement System now owns 164,939 shares of the company’s stock worth $13,609,000 after purchasing an additional 25,524 shares during the period. 85.53% of the stock is owned by hedge funds and other institutional investors.

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.