Science Applications International (NASDAQ:SAIC) Trading Down 4.7% – Time to Sell?

Shares of Science Applications International Corporation (NASDAQ:SAIC) were down 4.7% on Wednesday . The stock traded as low as $106.72 and last traded at $107.41. Approximately 70,937 shares traded hands during trading, a decline of 84% from the average daily volume of 455,870 shares. The stock had previously closed at $112.74.

Wall Street Analysts Forecast Growth

SAIC has been the topic of several research reports. Zacks Research raised Science Applications International from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 26th. Citigroup raised shares of Science Applications International to a “strong-buy” rating in a report on Thursday, December 11th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Science Applications International in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Science Applications International has an average rating of “Buy”.

Science Applications International Stock Performance

The firm has a market capitalization of $5.02 billion, a PE ratio of 14.21 and a beta of 0.28. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.20 and a quick ratio of 1.20. The business has a 50-day simple moving average of $98.13 and a 200-day simple moving average of $104.14.

Science Applications International (NASDAQ:SAIC) last issued its earnings results on Thursday, December 4th. The company reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.51. Science Applications International had a net margin of 5.05% and a return on equity of 33.19%. The business had revenue of $1.87 billion for the quarter.

Science Applications International Company Profile

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.