Are Service Corporation International (SCI) And 8×8, Inc. (EGHT) Value Investors’ Bread And Butter?

4 analysts out of 4 Wall Street brokerage firms rate Service Corporation International (NYSE:SCI) as a Buy, while 0 see it as a Sell. The rest 0 describe it as a Hold. SCI stock traded higher to an intra-day high of $42.06. At one point in session, its potential discontinued and the price was down to lows at $41.44. Analysts have set SCI’s consensus price at $50, effectively giving it a 19.45% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $52 (up 24.22% from current price levels). SCI has a 29.2% ROE, higher than the 8.27% average for the industry. The average ROE for the sector is 72%.

It is expected that in Mar 2019 quarter SCI will have an EPS of $0.41, suggesting a -12.77% growth. For Jun 2019 is projected at $0.46. It means that there could be a 4.55% growth in the quarter. Yearly earnings are expected to rise by 7.82% to about $1.93. As for the coming year, growth will be about 9.84%, lifting earnings to $2.12. RSI after the last trading period was 57.57. SCI recorded a change of 2.88% over the past week and returned -0.45% over the last three months while the SCI stock’s monthly performance revealed a shift in price of 5.89%. The year to date (YTD) performance stands at 3.97%, and the bi-yearly performance specified an activity trend of -4.41% while the shares have moved 9.61% for the past 12 months.

Service Corporation International (SCI) currently trades at $41.86, which is higher by 1.33% its previous price. It has a total of 181.65 million outstanding shares, with an ATR of around 0.63. The company’s stock volume dropped to 0.97 million, worse than 1.21 million that represents its 50-day average. A 5-day increase of about 2.88% in its price means SCI is now 3.97% higher on year-to-date. The shares have surrendered $43223.14 since its $47.09 52-week high price recorded on 3rd of December 2018. Overall, it has seen a growth rate of 9.61 over the last 12 months. The current price per share is $6.67 above the 52 week low of $35.19 set on 14th of June 2018.

Service Corporation International (NYSE:SCI)’s EPS was $0.54 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.5. That means that its growth in general now stands at 8%. Therefore, a prediction of $0.56 given by the analysts brought a negative surprise of -4%. SCI December quarter revenue was $820.81 million, compared to $812.73 million recorded in same quarter last year, giving it a 1% growth rate. The company’s $8.08 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

8×8, Inc. (NYSE:EGHT) shares appreciated 0.65% over the last trading period, taking overall 5-day performance up to 6.07%. EGHT’s price now at $21.84 is greater than the 50-day average of $19.87. Getting the trading period increased to 200 days, the stock price was seen at $19.96 on average. The general public currently hold control of a total of 92.29 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 94.22 million. The company’s management holds a total of 2.4%, while institutional investors hold about 77.4% of the remaining shares. EGHT share price finished last trade 6.25% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 9.5%, while closing the session with 10.37% distance from 50 day simple moving average.

8×8, Inc. (EGHT) shares were last observed trading -7.06% down since September 13, 2018 when the peak of $23.5 was hit. Last month’s price growth of 7.06% puts EGHT performance for the year now at 21.06%. Consequently, the shares price is trending higher by 44.35%, a 52-week worst price since Oct. 30, 2018. However, it is regaining value with 21.2% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $21.35 and $21.6. The immediate resistance area is now $22.08 Williams’s %R (14) for EGHT moved to 10.13 while the stochastic %K points at 93.15.

EGHT’s beta is 0.76; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $-0.79 per share from its yearly profit to its outstanding shares. Its last reported revenue is $89.91 million, which was 19% versus $75.57 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $-0.06 compared to $0.02 in the year-ago quarter and had represented -400% year-over-year earnings per share growth. EGHT’s ROA is -24.5%, lower than the 4.98% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.47%.

Estimated quarterly earnings for 8×8, Inc. (NYSE:EGHT) are around $-0.18 per share in three months through March with $-0.17 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -63.64% and -21.43%, respectively. Analysts estimate full-year growth to be -150%, the target being $-0.65 a share. The upcoming year will see an increase in growth by percentage to 6.15%, more likely to see it hit the $-0.61 per share. The firm’s current profit margin over the past 12 months is -21.8%. EGHT ranks lower in comparison to an average of 4.97% for industry peers; while the average for the sector is 12.26%.