UBS Group Issues Positive Forecast for Science Applications International (NYSE:SAIC) Stock Price

Science Applications International (NYSE:SAIC) had its price objective increased by equities researchers at UBS Group from $110.00 to $113.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the information technology services provider’s stock. UBS Group’s price objective suggests a potential upside of 12.05% from the stock’s current price.

SAIC has been the topic of several other research reports. The Goldman Sachs Group cut their target price on Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a research report on Monday, September 8th. 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 report on Wednesday, September 10th. Stifel Nicolaus reduced their price objective on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Science Applications International has a consensus rating of “Hold” and an average price target of $116.40.

Science Applications International Trading Up 0.2%

Science Applications International stock traded up $0.24 during mid-day trading on Monday, hitting $100.85. 103,012 shares of the stock were exchanged, compared to its average volume of 624,662. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 17.01 and a beta of 0.30. Science Applications International has a 12 month low of $84.15 and a 12 month high of $124.11. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The firm’s fifty day simple moving average is $93.45 and its two-hundred day simple moving average is $104.87.

Science Applications International (NYSE:SAIC) last posted its quarterly earnings data on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.51. The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. Science Applications International’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. Analysts forecast that Science Applications International will post 8.27 EPS for the current year.

Institutional Trading of Science Applications International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SAIC. Fuller & Thaler Asset Management Inc. raised its stake in shares of Science Applications International by 14.3% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,500,086 shares of the information technology services provider’s stock worth $280,685,000 after purchasing an additional 313,539 shares during the last quarter. LSV Asset Management boosted its position in shares of Science Applications International by 20.2% during the third quarter. LSV Asset Management now owns 1,565,035 shares of the information technology services provider’s stock valued at $155,518,000 after buying an additional 263,006 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Science Applications International by 3.7% during the third quarter. First Trust Advisors LP now owns 1,519,046 shares of the information technology services provider’s stock valued at $150,947,000 after buying an additional 53,895 shares during the last quarter. AQR Capital Management LLC grew its holdings in Science Applications International by 36.3% during the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the information technology services provider’s stock worth $143,578,000 after buying an additional 347,456 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Science Applications International by 1.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,174,062 shares of the information technology services provider’s stock worth $116,660,000 after buying an additional 19,599 shares in the last quarter. 76.00% of the stock is owned by institutional investors.

About Science Applications International

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.