Workflow
Funeral Homes and Cemeteries
icon
Search documents
All You Need to Know About Service Corp. (SCI) Rating Upgrade to Buy
ZACKSยท 2025-09-19 17:02
Core Viewpoint - Service Corp. (SCI) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Service Corp. suggest an improvement in the company's underlying business, likely leading to an increase in stock price [5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly Zacks Rank 1 stocks averaging a +25% annual return since 1988 [7]. - Service Corp.'s upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Earnings Estimate Revisions for Service Corp. - For the fiscal year ending December 2025, Service Corp. is expected to earn $3.82 per share, with no year-over-year change, while the Zacks Consensus Estimate has increased by 1.5% over the past three months [8].