Service Co. International (NYSE:SCI) issued its quarterly earnings data on Wednesday. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.24 by $0.34, MarketWatch Earnings reports. The firm had revenue of $820.00 million during the quarter, compared to the consensus estimate of $708.31 million. Service Co. International had a net margin of 12.50% and a return on equity of 20.34%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.47 earnings per share. Service Co. International updated its FY 2020
After-Hours guidance to 1.78-2.00 EPS and its FY20 guidance to $1.78-2.00 EPS.

NYSE:SCI traded down $0.55 on Friday, reaching $42.85. 15,116 shares of the stock traded hands, compared to its average volume of 1,063,130. The company’s fifty day simple moving average is $38.70 and its 200 day simple moving average is $41.79. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 2.54 and a beta of 0.72. Service Co. International has a 12 month low of $33.93 and a 12 month high of $52.89. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 2.02.

In other Service Co. International news, Director W Blair Waltrip acquired 2,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $34.65 per share, with a total value of $69,300.00. Following the transaction, the director now owns 595,481 shares of the company’s stock, valued at approximately $20,633,416.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 4.70% of the stock is owned by company insiders.

A number of equities analysts recently commented on SCI shares. Credit Suisse Group upped their target price on Service Co. International from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Friday. Oppenheimer raised their price objective on shares of Service Co. International from $43.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. CSFB reduced their target price on Service Co. International from $46.00 to $43.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. Finally, Raymond James restated an “outperform” rating and issued a $47.50 target price (down previously from $58.00) on shares of Service Co. International in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Service Co. International has an average rating of “Buy” and an average target price of $48.79.

About Service Co. International

Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.

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Earnings History for Service Co. International (NYSE:SCI)

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