Service Corp. International (SCI) stock forecast: Can it reach its 52-week high of $80.37

At the time of writing, Service Corp. International [SCI] stock is trading at $78.06, down -0.27%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SCI shares have gain 1.01% over the last week, with a monthly amount glided 6.35%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Service Corp. International [NYSE: SCI] stock has seen the most recent analyst activity on November 30, 2023, when UBS initiated its Buy rating and assigned the stock a price target of $72. Previously, Truist started tracking the stock with Buy rating on October 07, 2022, and set its price target to $72. On February 20, 2019, downgrade downgraded it’s rating to Outperform. Wells Fargo initiated its recommendation with a Market Perform. Credit Suisse upgraded its rating to Outperform for this stock on April 28, 2016. In a note dated March 16, 2016, Credit Suisse initiated an Neutral rating.

For the past year, the stock price of Service Corp. International fluctuated between $52.89 and $80.37. Currently, Wall Street analysts expect the stock to reach $82.67 within the next 12 months. Service Corp. International [NYSE: SCI] shares were valued at $78.06 at the most recent close of the market. An investor can expect a potential return of 5.91% based on the average SCI price forecast.

Analyzing the SCI fundamentals

According to Service Corp. International [NYSE:SCI], the company’s sales were 4.14B for trailing twelve months, which represents an 2.03% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.32 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.1.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 77.69 points at the first support level, and at 77.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.65, and for the 2nd resistance point, it is at 79.24.

Ratios To Look Out For

It is important to note that Service Corp. International [NYSE:SCI] has a current ratio of 0.55. In addition, the Quick Ratio stands at 0.51 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 2.73, the price to book ratio is 7.33 and price to earnings (TTM) ratio is 22.80.

Transactions by insiders

Recent insider trading involved Ochoa Ellen, Director, that happened on Aug 22 ’24 when 2642.0 shares were sold. Director, Ochoa Ellen completed a deal on Aug 22 ’24 to buy 2642.0 shares. Meanwhile, Sr.V.P. Sales & Marketing Tidwell Steven A sold 43700.0 shares on Aug 16 ’24.

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