Service Corporation International (SCI) provides deathcare products and services in the United States and Canada.
The company operates through Funeral and Cemetery segments.
Its funeral service and cemetery operations include funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and related businesses. The company also provides professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles, and preparation and embalming services.
In addition, it provides funeral-related merchandise, including caskets, casket memorialization products, burial vaults, cremation receptacles, cremation memorialization products, flowers, and other ancillary products and services at funeral service locations. Further, its cemeteries provide cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, cremation niches, and cremation memorialization property; sell cemetery-related merchandise and services, including stone and bronze memorials, markers, merchandise installations, flowers, and burial openings and closings; and sell preneed cemetery property interment rights, and funeral and cemetery merchandise and services.
As of December 31, 2014, the company operated 1,559 funeral service locations; and 466 cemeteries, including 258 funeral service/cemetery combination locations covering 45 states, 8 Canadian provinces, the District of Columbia, and Puerto Rico.
Shares have formed a bullish "flag" following its recent quarterly report and higher share prices are expected for this stock.
52-Week Trading Range: $18.49 - $25.40
Entry Point: $24.90
Stop Loss: $23.66
Target Price: $27.40
We are taking profits on SCI at $26.91 after its 30 days expired.