Service Corporation International (NYSE:SCI) Given New $105.00 Price Target at UBS Group

Service Corporation International (NYSE:SCI) had its price target upped by stock analysts at UBS Group from $93.00 to $105.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target suggests a potential upside of 21.55% from the company’s previous close.

Several other equities analysts have also recently issued reports on SCI. Weiss Ratings cut Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Oppenheimer raised their target price on Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a report on Thursday, April 2nd. Wall Street Zen cut Service Corporation International from a “hold” rating to a “sell” rating in a research report on Sunday, June 28th. Finally, JPMorgan Chase & Co. decreased their price target on Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Service Corporation International has a consensus rating of “Moderate Buy” and an average price target of $98.00.

Service Corporation International Stock Performance

Shares of Service Corporation International stock traded up $1.09 during trading on Friday, hitting $86.38. 1,714,586 shares of the company’s stock were exchanged, compared to its average volume of 1,314,714. The stock has a market capitalization of $11.92 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 1.92 and a beta of 0.84. The business has a 50-day simple moving average of $76.37 and a 200-day simple moving average of $79.49. Service Corporation International has a 52-week low of $68.41 and a 52-week high of $90.99. 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 posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. Service Corporation International had a net margin of 12.30% and a return on equity of 34.06%. The firm’s revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.88 earnings per share. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. On average, research analysts forecast that Service Corporation International will post 4.15 EPS for the current year.

Hedge Funds Weigh In On Service Corporation International

Several institutional investors and hedge funds have recently modified their holdings of the business. Sunbelt Securities Inc. acquired a new stake in Service Corporation International in the third quarter valued at approximately $42,000. V Square Quantitative Management LLC acquired a new position in shares of Service Corporation International during the 4th quarter worth approximately $46,000. Root Financial Partners LLC lifted its position in shares of Service Corporation International by 35.7% during the 1st quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock valued at $50,000 after buying an additional 161 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Service Corporation International during the 4th quarter valued at approximately $54,000. Finally, Danske Bank A S acquired a new stake in Service Corporation International in the 3rd quarter valued at $83,000. Hedge funds and other institutional investors own 85.53% of the company’s stock.

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.