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Service Corporation (SCI) in Focus: Stock Jumps 5.9%

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Service Corporation International (SCI - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The upside came after the company reported encouraging fourth-quarter 2014 earnings and reaffirmed its earnings guidance for 2015. This led to far more shares changing hands than in a normal session resulting in solid volume. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $22.32 to $23.31 in the past one-month time frame.
None of the estimates for this personal services stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Service Corporation International currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another favorably-placed stock in the broader consumer discretionary sector is Audience, Inc. , sporting a Zacks Rank #1 (Strong Buy).
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