Shares of Science Applications International Co. (NYSE:SAIC – Get Free Report) have been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $116.10.
SAIC has been the subject of a number of analyst reports. The Goldman Sachs Group decreased their price target on Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a report on Monday, September 8th. JPMorgan Chase & Co. raised their price target on shares of Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday. UBS Group dropped their price target on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Stifel Nicolaus lowered their target price on Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Finally, Jefferies Financial Group cut their price target on Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a research note on Wednesday, September 10th.
View Our Latest Stock Analysis on Science Applications International
Science Applications International Stock Performance
Science Applications International (NYSE:SAIC – Get Free Report) last released its quarterly earnings data on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.07 by $0.51. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the company posted $2.61 earnings per share. The firm’s revenue was down 5.6% compared to the same quarter last year. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. As a group, equities research analysts expect that Science Applications International will post 8.27 earnings per share for the current fiscal year.
Science Applications International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, January 14th. Science Applications International’s dividend payout ratio is presently 18.93%.
Institutional Trading of Science Applications International
A number of hedge funds and other institutional investors have recently made changes to their positions in SAIC. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Science Applications International by 324.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock worth $28,000 after buying an additional 188 shares during the period. Rakuten Securities Inc. grew its position in shares of Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 249 shares during the last quarter. Quent Capital LLC acquired a new stake in shares of Science Applications International in the 3rd quarter worth about $29,000. Wexford Capital LP bought a new stake in Science Applications International in the 3rd quarter valued at about $29,000. Finally, US Bancorp DE lifted its position in Science Applications International by 38.5% in the 1st quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock valued at $36,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 76.00% of the company’s stock.
Science Applications International Company Profile
Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.
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