Analysts See $0.31 EPS for Service Corporation International (SCI)

July 18, 2017 - By Vivian Currie

 Analysts See $0.31 EPS for Service Corporation International (SCI)
Investors sentiment increased to 1 in 2016 Q4. Its up 0.07, from 0.93 in 2016Q3. It improved, as 26 investors sold Service Corporation International shares while 95 reduced holdings. 40 funds opened positions while 81 raised stakes. 153.87 million shares or 0.39% less from 154.47 million shares in 2016Q3 were reported.
Ivory Investment Mngmt Lc has 3.12% invested in Service Corporation International (NYSE:SCI) for 2.25 million shares. Neuberger Berman Grp Llc holds 0.09% or 2.28 million shares. Tfs Cap Ltd Liability Corporation invested in 0.12% or 16,436 shares. Credit Agricole S A holds 330,805 shares or 0.03% of its portfolio. Moreover, Principal Financial Group has 0.03% invested in Service Corporation International (NYSE:SCI). Deutsche Bancshares Ag stated it has 1.23 million shares or 0.03% of all its holdings. Sg Americas Secs Limited Co stated it has 0% of its portfolio in Service Corporation International (NYSE:SCI). Morgan Stanley accumulated 0.01% or 591,368 shares. Putnam Ltd Llc stated it has 765,902 shares or 0.05% of all its holdings. Ancora Lc holds 0% of its portfolio in Service Corporation International (NYSE:SCI) for 1,048 shares. Liberty Mutual Group Asset Mgmt owns 84,024 shares or 0.09% of their US portfolio. Rothschild Asset Management Incorporated stated it has 479,196 shares. Da Davidson And, a Montana-based fund reported 736 shares. Cubist Systematic Strategies Ltd holds 10,182 shares or 0.02% of its portfolio. New South Mngmt Inc holds 1.83% or 2.70 million shares in its portfolio.

Since February 16, 2017, it had 0 buys, and 15 selling transactions for $27.18 million activity. $2.66 million worth of Service Corporation International (NYSE:SCI) was sold by WARING SUMNER J III on Monday, May 1. RYAN THOMAS L had sold 51,394 shares worth $1.67 million on Friday, June 2. WALTRIP W BLAIR had sold 9,200 shares worth $286,120. TANZBERGER ERIC D also sold $2.67M worth of Service Corporation International (NYSE:SCI) shares. Another trade for 64,334 shares valued at $2.01M was sold by WALTRIP R L. Shares for $1.26 million were sold by BUCKWALTER ALAN R III. Shares for $321,225 were sold by Williams Edward E on Thursday, June 1.

Wall Street await Service Corporation International (NYSE:SCI) to release earnings on July, 26. Analysts forecast EPS of $0.31, up exactly $0.03 or 10.71 % from 2014’s $0.28 EPS. The expected SCI’s profit could reach $58.27M giving the stock 27.46 P/E in the case that $0.31 earnings per share is reported. After posting $0.38 EPS for the previous quarter, Service Corporation International’s analysts now forecast -18.42 % negative EPS growth. The stock decreased 0.58% or $0.2 during the last trading session, reaching $34.05. About 942,924 shares traded. Service Corporation International (NYSE:SCI) has risen 20.29% since July 18, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Service Corporation International (NYSE:SCI) Ratings Coverage

Among 5 analysts covering Service Corporation International (NYSE:SCI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Service Corporation International had 7 analyst reports since October 29, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse on Thursday, April 28 to “Outperform”. Oppenheimer maintained it with “Outperform” rating and $27 target in Friday, February 12 report. Oppenheimer initiated the shares of SCI in report on Wednesday, November 11 with “Outperform” rating. On Wednesday, June 21 the stock rating was maintained by Oppenheimer with “Buy”. The rating was initiated by Wells Fargo with “Market Perform” on Tuesday, August 2.

Service Corporation International is a well-known provider of deathcare services and products, with a network of funeral service locations and cemeteries. The company has market cap of $6.40 billion. The Company’s divisions include Funeral, Cemetery and Corporate. It has a 21.66 P/E ratio. It conducts both funeral and cemetery activities in the United States and Canada.

Another recent and important Service Corporation International (NYSE:SCI) news was published by Seekingalpha.com which published an article titled: “Aging Baby Boomer Population Can Drive Growth For Service Corp. International” on June 22, 2017.

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