Service Corporation Internation (NYSE:SCI):
Service Corporation International Announces Third Quarter 2016 Financial Results.
The company is now up since yesterday’s close of $25.55.
Service Corporation Internation recently declared a dividend which was paid on Friday the 30th of September 2016. The dividend payment was $0.130 per share for the quarter which is $0.52 annualized. This dividend amount was represent a yeild of $2.00. The ex-dividend date was Tuesday the 13th of September 2016.
The stock last traded at $25.61 which is marginally lower than the 50 day moving average which is $26.34 and which is marginally under the 200 day moving average of $26.77. The 50 day moving average moved down $-0.73 whereas the 200 day moving average was down $-1.16 or -4.34%.
The P/E ratio is 27.54 and the market cap of the company is 4.88B. As of the latest earnings report the EPS was $0.93 and is estimated to be $1.24 for the current year with 190,489,000 shares presently outstanding. Next quarter’s EPS is expected be $0.32 with next year’s EPS anticipated to be $1.36.
A few brokerages have issued ratings on the company. Equity analyst Credit Suisse both upgraded the stock and raised the price target on April 28 changing the price target from $25.00 to $32.00 and changing the rating from “Neutral” to “Outperform”. On April 28 the stock rating was upgraded from “Neutral” to “Outperform” and a price target of $32.00 was set by analysts at Credit Suisse.
Equity analyst Credit Suisse initiated coverage with a rating of “Neutral” and establishing a price target of $25.00. On February 12 Oppenheimer kept the stock rating at “Outperform” but lowered the price target from $29.00 to $27.00.
February 11 investment analysts at UBS kept the company rating at “Buy” and moved down the price target to $33.00 from $35.00. On November 11, 2015 Oppenheimer began coverage giving it an initial rating of “Outperform” and projecting a price target of $31.00.