Science Applications International Corporation (NASDAQ:SAIC) Receives $114.00 Average PT from Analysts

by · The Markets Daily

Shares of Science Applications International Corporation (NASDAQ:SAIC – Get Free Report) have received an average rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $114.00.

Several research analysts have recently weighed in on SAIC shares. Weiss Ratings upgraded shares of Science Applications International from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. UBS Group increased their price objective on shares of Science Applications International from $113.00 to $119.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. BNP Paribas Exane started coverage on shares of Science Applications International in a report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 price objective on the stock. The Goldman Sachs Group increased their price objective on shares of Science Applications International from $85.00 to $96.00 and gave the stock a “sell” rating in a report on Friday, June 12th. Finally, Citigroup increased their price objective on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd.

Get Our Latest Analysis on SAIC

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SAIC. Los Angeles Capital Management LLC purchased a new position in Science Applications International in the fourth quarter valued at approximately $25,000. Transamerica Financial Advisors LLC raised its holdings in Science Applications International by 477.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock valued at $26,000 after buying an additional 215 shares during the period. Rakuten Securities Inc. raised its holdings in Science Applications International by 1,915.4% in the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after buying an additional 249 shares during the period. Wexford Capital LP purchased a new position in Science Applications International in the third quarter valued at approximately $29,000. Finally, Global Retirement Partners LLC purchased a new position in Science Applications International in the fourth quarter valued at approximately $35,000. 76.00% of the stock is currently owned by hedge funds and other institutional investors.

Science Applications International Price Performance

Science Applications International stock opened at $106.63 on Tuesday. Science Applications International has a 12-month low of $81.08 and a 12-month high of $123.41. The stock has a market capitalization of $4.51 billion, a P/E ratio of 12.01 and a beta of 0.30. The firm’s 50-day moving average is $101.51 and its two-hundred day moving average is $99.65. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.16 and a quick ratio of 1.16.

Science Applications International (NASDAQ:SAIC – Get Free Report) last released its quarterly earnings results on Monday, June 1st. The company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.97. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the company earned $1.42 EPS. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Equities analysts predict that Science Applications International will post 10.14 earnings per share for the current year.

Science Applications International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, July 10th. Science Applications International’s dividend payout ratio is presently 16.67%.

Science Applications International Company Profile

(Get Free Report)

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.

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