Q1 2024 Service Corporation International Earnings Call Transcript
SCI Stock | USD 88.58 1.34 1.54% |
Under 66 percent of all Service International's traders are curious in acquiring. The analysis of overall sentiment of trading Service International stock suggests that a large number of investors are confidant at this time. Service International's investing sentiment shows overall attitude of investors towards Service International.
Service |
May 02, 2024 0100PM GMTOperator Good day, and welcome to the SCI First Quarter 2024 Earnings Conference Call. Please note this event
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Service International Current Investor Sentiment
Panic Vs Confidence
66
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Service International's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Service International.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
Service International Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Service International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Service International Historical Investor Sentiment
Investor biases related to Service International's public news can be used to forecast risks associated with an investment in Service. The trend in average sentiment can be used to explain how an investor holding Service can time the market purely based on public headlines and social activities around Service International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Service International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Service International and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Service International news discussions. The higher the estimate score, the more favorable the investor's outlook on Service International.
Service International Fundamental Analysis
We analyze Service International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Service International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Service International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Service International is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Service International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Service International stock to make a market-neutral strategy. Peer analysis of Service International could also be used in its relative valuation, which is a method of valuing Service International by comparing valuation metrics with similar companies.
Peers
Service International Related Equities
CSV | Carriage Services | 3.67 | ||||
EM | Smart Share | 2.90 | ||||
MCW | Mister Car | 2.63 | ||||
FTDR | Frontdoor | 1.85 | ||||
BFAM | Bright Horizons | 1.35 | ||||
ROL | Rollins | 1.19 | ||||
MED | MEDIFAST INC | 1.14 |
Complementary Tools for Service Stock analysis
When running Service International's price analysis, check to measure Service International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Service International is operating at the current time. Most of Service International's value examination focuses on studying past and present price action to predict the probability of Service International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Service International's price. Additionally, you may evaluate how the addition of Service International to your portfolios can decrease your overall portfolio volatility.
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