Let’s look at the key reasons that are pushing Service Corp. International (SCI) to new highs

A new trading day began on Tuesday, with Service Corp. International (NYSE: SCI) stock price down -0.13% from the previous day of trading, before settling in for the closing price of $76.04. SCI’s price has ranged from $52.89 to $81.32 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 5.38% over the last five years. Meanwhile, its annual earnings per share averaged 1.66%. With a float of $140.23 million, this company’s outstanding shares have now reached $146.32 million.

The firm has a total of 17612 workers. Let’s measure their productivity. In terms of profitability, gross margin is 25.95%, operating margin of 22.16%, and the pretax margin is 16.19%.

Service Corp. International (SCI) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Personal Services Industry. The insider ownership of Service Corp. International is 2.89%, while institutional ownership is 87.73%. The most recent insider transaction that took place on Sep 13 ’24, was worth 4,398,218. In this transaction Sr.V.P. Sales & Marketing of this company sold 55,000 shares at a rate of $79.97, taking the stock ownership to the 54,354 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 55,000 for $79.97, making the entire transaction worth $4,398,218.

Service Corp. International (SCI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 1.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.87% during the next five years compared to 8.08% growth over the previous five years of trading.

Service Corp. International (NYSE: SCI) Trading Performance Indicators

Here are Service Corp. International’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.65. Likewise, its price to free cash flow for the trailing twelve months is 19.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.42, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.93 in one year’s time.

Technical Analysis of Service Corp. International (SCI)

Analysing the last 5-days average volume posted by the [Service Corp. International, SCI], we can find that recorded value of 0.73 million was lower than the volume posted last year of 0.9 million. As of the previous 9 days, the stock’s Stochastic %D was 72.64%. Additionally, its Average True Range was 1.22.

During the past 100 days, Service Corp. International’s (SCI) raw stochastic average was set at 56.89%, which indicates a significant decrease from 64.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.07% in the past 14 days, which was lower than the 19.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $77.33, while its 200-day Moving Average is $72.89. Now, the first resistance to watch is $76.36. This is followed by the second major resistance level at $76.79. The third major resistance level sits at $77.31. If the price goes on to break the first support level at $75.41, it is likely to go to the next support level at $74.89. Now, if the price goes above the second support level, the third support stands at $74.46.

Service Corp. International (NYSE: SCI) Key Stats

With a market capitalization of 10.97 billion, the company has a total of 145,612K Shares Outstanding. Currently, annual sales are 4,100 M while annual income is 537,320 K. The company’s previous quarter sales were 1,034 M while its latest quarter income was 118,170 K.