Revenue topped expectations but adjusted earnings missed expectations, and management cut full-year guidance to $3.94 to $4.04 per share on softer funeral volumes and higher healthcare, selling and marketing costs. The preneed spending push is a bet on future quarters.
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SCI Coverage
U.S. Leads $147 Billion Global Deathcare Industry as Private Equity Bets on Digital Disruption
Benjamin Franklin is credited with the saying, “Nothing is certain except death and taxes.” While taxes and the aftermath of death and estate management issues are frequent 24/7 Wall Street topics, less…
Cremation Nation: Why Traditional Burials Are Dying Out
A Seismic Shift in the Funeral Economy Cremation has eclipsed traditional burials as the preferred end-of-life choice in the United States, reshaping the funeral economy in profound ways. According to the National…
Thursday’s Top Analyst Upgrades and Downgrades: Airbnb, Chewy, Coca-Cola, DraftKings, Marriott, SoFi, Southwest Airlines, Tesla, US Bancorp and More
Thursday's top analyst upgrades and downgrades included Airbnb, Bath & Bodyworks, Chewy, Coca-Cola, DraftKings, GlobalFoundries, Marriott International, Mobileye Global, SoFi Technologies, Southwest Airlines, Tesla, Upstart and U.S. Bancorp.
Monday’s Top Analyst Upgrades and Downgrades: AMD, Alcoa, Chewy, CrowdStrike, DraftKings, Goldman Sachs, Lyft, Schlumberger, Zoom Video and More
Monday's top analyst upgrades and downgrades included Advanced Micro Devices, Alcoa, Chewy, Coupang, CrowdStrike, DraftKings, Freeport-McMoRan, Goldman Sachs, Halliburton, Lyft, Okta, Palo Alto Networks, Patterson-Uti Energy, Progressive, Schlumberger, Unity Software and Zoom…
Tuesday’s Top Analyst Upgrades and Downgrades: Altria, AIG, Datadog, DraftKings, Marriott, NortonLifeLock, Opendoor, Realty Income, Roblox, Under Armour and More
Tuesday's top analyst upgrades and downgrades included Altria, American International Group, Datadog, DraftKings, Emerson Electric, Marriott International, NortonLifeLock, Opendoor Technologies, Realty Income, Roblox and Under Armour.
As Funerals Pick Up After COVID-19, Service Corp. May Bury Short Sellers
Death and taxes are two certainties in life. It turns out that the death care industry is very essential when each person’s life comes to an end. It’s also a rather lucrative…
Top Analyst Upgrades and Downgrades: AbbVie, Apple, Arconic, CenturyLink, eHealth, Nvidia, Salesforce, Tesla, Teva and More
Tuesday's top analyst upgrades, downgrades and initiations included AbbVie, Apple, Arconic, CenturyLink, eHealth, Nvidia, Salesforce.com, Tesla and Teva Pharmaceutical.
Top Analyst Upgrades and Downgrades: AMD, Altria, Apple, BP, EA, Enphase, FireEye, Gilead, Mastercard, P&G, 2U and More
Stocks saw profit-taking on Tuesday, but the major indexes were up on Wednesday ahead of the Federal Reserve’s expected interest rate cut in the afternoon. Earnings season is proving to be quite…
15 Great Dividend Stocks Retirees Should Own in 2019
Here is a slate of 15 companies that most retirees likely would want to own in their portfolio now, including AT&T, Boeing, Pfizer and Walmart.
Top Analyst Upgrades and Downgrades: CenturyLink, Deere, Ecolab, E*Trade, Merck, Southwest Air, S&P, Transocean, Walmart and More
The top analyst upgrades, downgrades and initiations seen on Wednesday included CenturyLink, Deere, Ecolab, E*Trade, Merck, Southwest Airlines, S&P, Transocean and Walmart.
The 15 Best Dividend Stocks for Retirees to Own
There are many stocks that are targeted toward mature adults and seniors or that offer classical investing themes for those who are retired now or are within a decade of retiring.
Top Analyst Upgrades and Downgrades: Energy Transfer, First Solar, L3, Regions Financial, Western Digital and More
The top analyst upgrades, downgrades and other research calls on Monday include Energy Transfer Equity, First Solar, L3 Technologies, Regions Financial and Western Digital.
Top Analyst Upgrades and Downgrades: Apple, Coach, Encana, NXP Semiconductors, Sina, Under Armour and More
The top analyst upgrades, downgrades and initiations seen on Friday morning include Apple, Coach, Encana, NXP Semiconductors, Sina and Under Armour.
Oppenheimer Likes SCI Even More
Oppenheimer reiterated its Outperform rating and its price target on Service Corporation International (SCI).
Short Interest Declines on Top Health Care Distribution and Technology Stocks to Buy
ThinkstockWhen short interest, or the amount of any specific stock sold short, starts to decline, that is usually a flashing sign for investors to take a look behind the curtain. In general,…