Service Corp International (NYSE: SCI) has reported earnings for its third fiscal quarter (ending September 30) of $0.81 versus $0.81 for the same period a year ago — flat performance. For the latest four quarters through September 30, E.P.S. were $3.47 versus $3.23 for the same period a year ago — an increase of 7%.
Recent Price Action
Service Corp International (NYSE: SCI) stock closed at $76.21 on 10/30/24 after a slight decline of -0.3%. Moreover, this decline was accompanied by above average trading volume at 128% of normal. The stock has been strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SCI is expected to continue to be a major Value Builder.
Service has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Service has a poor Appreciation Score of 15 but a good Power Rating of 74, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment