Service Corp. International (NYSE:SCI) shares, rose in value, with the stock price up by 1.27% to the previous day’s close as strong demand from buyers drove the stock to $71.74.
Actively observing the price movement in the last trading, the stock closed the session at $70.84. The value of beta (5-year monthly) was 0.81 whereas the PE ratio was 20.34 over 12-month period. Referring to stock’s 52-week performance, its high was $75.97, and the low was $52.89. On the whole, SCI has fluctuated by -3.34% over the past month.
With the market capitalization of Service Corp. International currently standing at about $10.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 29, 2024 – May 03, 2024. The company’s Forward Dividend Ratio is 1.15, with its dividend yield at 1.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.16B, with a low estimate of 997M and a high estimate of 1.04B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.02B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SCI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.70, with the price of SCI currently trading nearly 1.13% and -0.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.81, while the 7-day volatility ratio is showing 1.90% which for the 30-day chart, stands at 1.60%. Furthermore, Service Corp. International (SCI)’s beta value is 0.82, and its average true range (ATR) is 1.24.
A comparison of Service Corp. International (SCI) with its peers suggests the former has fared considerably weaker in the market. SCI showed an intraday change of 1.27% in last session, and over the past year, it grew by 2.28%%.
Data on historical trading for Service Corp. International (NYSE:SCI) indicates that the trading volumes over the past 3 months, they’ve averaged 837.04K. According to company’s latest data on outstanding shares, there are 146.32 million shares outstanding.
Nearly 2.85% of Service Corp. International’s shares belong to company insiders and institutional investors own 87.20% of the company’s shares. The stock has risen by 4.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SCI stock heading into the next quarter.
