Service Corporation International (NYSE:SCI) shares fell to a low of $52.11 before closing at $52.65. Intraday shares traded counted 0.7 million, which was 30.57% higher than its 30-day average trading volume of 1.01M. SCI’s previous close was $53.19 while the outstanding shares total 169.92M. The firm has a beta of 0.66, a 12-month trailing P/E ratio of 13.92, and a growth ratio of 3.39. The stock’s Relative Strength Index (RSI) is 45.15, with weekly volatility at 1.48% and ATR at 1.02. The SCI stock’s 52-week price range has touched low of $36.38 and a $56.86 high. The stock traded lower over the last trading session, losing -1.02% on 05/19/21.
Investors have identified the Personal Services company Service Corporation International as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $8.81 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Service Corporation International (SCI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SCI, the company has in raw cash 243.73 million on their books with 217.06 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 387.49 million total, with 841.78 million as their total liabilities.
SCI were able to record 255.33 million as free cash flow during the 08/02/2021 quarter of the year, this saw their quarterly net cash flow reduce by 10.97 million. In cash movements, the company had a total of 297.61 million as operating cash flow.
Potential earnings growth for Service Corporation International (SCI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/02/2021 quarter of the year, Service Corporation International recorded a total of 1.08 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 25.51% coming in sequential stages and their sales for the 08/02/2021 quarter increasing by 9.99%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 700.47 million trying to sell their products during the last quarter, with the result yielding a gross income of 377.51 million. This allows shareholders to hold on to 169.92M with the recently reported earning now reading 1.35 cents per share. This is a figure that compared to analyst’s prediction for their 08/02/2021 (1.32 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.64 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SCI sounds very interesting.
Is the stock of SCI attractive?
In related news, Vice Pres. Corp. Controller, Moore Tammy R sold 3,689 shares of the company’s stock in a transaction that recorded on May 10. The sale was performed at an average price of 56.51, for a total value of 208,482. As the sale deal closes, the President, CEO & Chairman, RYAN THOMAS L now sold 27,765 shares of the company’s stock, valued at 1,555,573. Also, Director, BUCKWALTER ALAN R III sold 40,000 shares of the company’s stock in a deal that was recorded on May 05. The shares were price at an average price of 56.01 per share, with a total market value of 2,240,400. Following this completion of acquisition, the Director, MORRIS CLIFTON H JR now holds 3,735 shares of the company’s stock, valued at 208,899. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.
3 out of 4 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Service Corporation International. 0 analysts has assigned a Sell rating on the SCI stock. The 12-month mean consensus price target for the company’s shares has been set at $57.88.