Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Service Corp. International (NYSE: SCI) closed at $68.09 up 0.74% from its previous closing price of $67.59. In other words, the price has increased by $0.74 from its previous closing price. On the day, 1.04 million shares were traded. SCI stock price reached its highest trading level at $68.1375 during the session, while it also had its lowest trading level at $67.22.
Ratios:
For a deeper understanding of Service Corp. International’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 2.94 whereas as Long-Term Debt/Eq ratio is at 2.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 30, 2023, initiated with a Buy rating and assigned the stock a target price of $72.
On October 07, 2022, Truist started tracking the stock assigning a Buy rating and target price of $72.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 15 ’24 when LUND VICTOR L sold 7,606 shares for $70.00 per share. The transaction valued at 532,420 led to the insider holds 0 shares of the business.
LUND VICTOR L sold 1,011 shares of SCI for $70,770 on Apr 12 ’24. The Director now owns 7,606 shares after completing the transaction at $70.00 per share. On Mar 13 ’24, another insider, COELHO TONY, who serves as the Director of the company, sold 8,950 shares for $75.39 each. As a result, the insider received 674,702 and left with 60,887 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCI now has a Market Capitalization of 9914720256 and an Enterprise Value of 14385910784. As of this moment, Service’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.55, and their Forward P/E ratio for the next fiscal year is 16.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 6.26. Its current Enterprise Value per Revenue stands at 3.495 whereas that against EBITDA is 11.627.
Stock Price History:
Over the past 52 weeks, SCI has reached a high of $75.97, while it has fallen to a 52-week low of $52.89. The 50-Day Moving Average of the stock is -5.66%, while the 200-Day Moving Average is calculated to be 4.28%.
Shares Statistics:
For the past three months, SCI has traded an average of 865.13K shares per day and 964000 over the past ten days. A total of 146.32M shares are outstanding, with a floating share count of 142.11M. Insiders hold about 2.85% of the company’s shares, while institutions hold 87.08% stake in the company. Shares short for SCI as of 1713139200 were 4593328 with a Short Ratio of 5.31, compared to 1710460800 on 6749431. Therefore, it implies a Short% of Shares Outstanding of 4593328 and a Short% of Float of 3.61.
Dividends & Splits
According to the company, the forward annual dividend rate for SCI is 1.15, from 1.15 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017014353The stock’s 5-year Average Dividend Yield is 1.56.
