Science Applications International Co. (NYSE:SAIC) Given Consensus Rating of “Hold” by Brokerages

Shares of Science Applications International Co. (NYSE:SAIC) have received a consensus recommendation of “Hold” from the ten research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $115.10.

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating and set a $115.00 target price (down previously from $140.00) on shares of Science Applications International in a report on Monday, September 8th. UBS Group cut their price objective on Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Jefferies Financial Group decreased their target price on Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a research report on Wednesday, September 10th. Truist Financial raised their target price on Science Applications International from $100.00 to $110.00 and gave the company a “hold” rating in a report on Thursday, July 24th. Finally, Stifel Nicolaus decreased their price target on Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a report on Friday, September 5th.

Hedge Funds Weigh In On Science Applications International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SAIC. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Science Applications International by 324.1% during 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 acquiring an additional 188 shares during the last quarter. Rakuten Securities Inc. grew its stake in Science Applications International by 1,915.4% during the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 249 shares in the last quarter. Larson Financial Group LLC increased its holdings in Science Applications International by 43.2% during the 1st quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock worth $36,000 after purchasing an additional 98 shares during the last quarter. US Bancorp DE raised its position in shares of 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 in the last quarter. Finally, True Wealth Design LLC boosted its stake in shares of Science Applications International by 315.5% during the 2nd quarter. True Wealth Design LLC now owns 349 shares of the information technology services provider’s stock valued at $39,000 after buying an additional 265 shares during the last quarter. 76.00% of the stock is owned by hedge funds and other institutional investors.

Science Applications International Stock Performance

NYSE SAIC opened at $99.50 on Thursday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. Science Applications International has a 1-year low of $94.68 and a 1-year high of $156.34. The firm has a market capitalization of $4.58 billion, a P/E ratio of 16.78 and a beta of 0.44. The business’s 50-day simple moving average is $106.71 and its 200-day simple moving average is $111.50.

Science Applications International (NYSE:SAIC) last posted its quarterly earnings results on Thursday, September 4th. The information technology services provider reported $3.63 EPS for the quarter, beating the consensus estimate of $2.25 by $1.38. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates 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 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.05 earnings per share. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. Equities analysts predict that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, October 10th. Science Applications International’s dividend payout ratio (DPR) is presently 17.92%.

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.