Science Applications International (NASDAQ:SAIC) Releases FY 2027 Earnings Guidance

Science Applications International (NASDAQ:SAIC) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 9.500-9.700 for the period. The company issued revenue guidance of $7.0 billion-$7.2 billion.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SAIC. Weiss Ratings restated a “hold (c-)” rating on shares of Science Applications International in a research report on Friday, March 27th. Truist Financial reduced their target price on Science Applications International from $110.00 to $95.00 and set a “hold” rating on the stock in a research note on Tuesday, March 17th. Stifel Nicolaus dropped their price target on Science Applications International from $128.00 to $120.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. The Goldman Sachs Group reduced their price objective on Science Applications International from $94.00 to $82.00 and set a “sell” rating on the stock in a research report on Thursday, February 12th. Finally, Zacks Research cut Science Applications International from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Three 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, Science Applications International currently has an average rating of “Hold” and an average price target of $112.44.

Science Applications International Price Performance

Shares of NASDAQ:SAIC opened at $93.84 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.65. The stock has a market cap of $4.07 billion, a PE ratio of 12.30 and a beta of 0.30. The company’s fifty day moving average is $94.01 and its 200 day moving average is $96.95. Science Applications International has a 52 week low of $81.08 and a 52 week high of $124.11.

Science Applications International (NASDAQ:SAIC) last posted its quarterly earnings results on Monday, March 16th. The company reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.83. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.78 billion. Science Applications International had a net margin of 4.93% and a return on equity of 33.15%. The company’s revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.57 earnings per share.

Science Applications International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, April 10th will be given a $0.37 dividend. The ex-dividend date is Friday, April 10th. This represents a $1.48 annualized dividend and a yield of 1.6%. Science Applications International’s payout ratio is presently 19.25%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Los Angeles Capital Management LLC purchased a new stake in Science Applications International during the 4th quarter valued at $25,000. Transamerica Financial Advisors LLC grew its holdings in Science Applications International by 477.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock worth $26,000 after acquiring an additional 215 shares during the last quarter. Wexford Capital LP purchased a new position in shares of Science Applications International in the third quarter valued at about $29,000. Rakuten Securities Inc. raised its stake in shares of Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after acquiring an additional 249 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of Science Applications International during the fourth quarter valued at about $35,000. 76.00% of the stock is owned by hedge funds and other institutional investors.

About Science Applications International

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.