Taking a Fresh Look at Service Corporation International (SCI)

Service Corporation International (SCI) is an interesting player in the Services space, with a focus on Personal Services. The stock has been active on the tape, currently trading at $37.62, down from yesterday’s close by -0.08%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Service Corporation International (SCI) currently trades with a market capitalization of $7.16 Billion. That value represents a market adjusting for revenues that have been growing by 1.37 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $290.79 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.39 on a per share basis this quarter. Perhaps, that suggests something about why 3.09% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Service Corporation International recorded a 52-week high of $40.28. It is now trading 2.66% off that level. The stock is trading $38.11 its 50-day moving average by 0.49%. The stock carved out a 52-week low down at $30.02.

In recent action, Service Corporation International (SCI) has made a move of -2.74% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.35, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.15% with $180.32 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SCI.

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