Science Applications International (NYSE:SAIC) Updates FY 2027 Earnings Guidance

Science Applications International (NYSE:SAIC) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 9.900-10.100 for the period. The company issued revenue guidance of $8.0 billion-$8.1 billion. Science Applications International also updated its FY 2026 guidance to 8.900-9.100 EPS.

Science Applications International Stock Down 2.2 %

Shares of NYSE SAIC opened at $123.58 on Monday. The firm has a market cap of $6.38 billion, a PE ratio of 13.96 and a beta of 0.70. Science Applications International has a 12-month low of $95.43 and a 12-month high of $145.17. The company’s fifty day simple moving average is $133.65 and its 200 day simple moving average is $124.37. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 1.13.

Science Applications International (NYSE:SAIC) last issued its earnings results on Monday, March 18th. The information technology services provider reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by ($0.01). Science Applications International had a return on equity of 23.73% and a net margin of 6.41%. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the prior year, the company earned $2.04 earnings per share. The firm’s revenue was down 11.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Science Applications International will post 8.11 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, April 12th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, April 11th. Science Applications International’s dividend payout ratio (DPR) is 16.72%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Science Applications International from $141.00 to $143.00 and gave the company an equal weight rating in a research report on Tuesday, March 19th. StockNews.com downgraded shares of Science Applications International from a buy rating to a hold rating in a research note on Tuesday, April 9th. Truist Financial reaffirmed a hold rating and set a $130.00 price objective on shares of Science Applications International in a research note on Friday. The Goldman Sachs Group reduced their price objective on shares of Science Applications International from $113.00 to $110.00 and set a sell rating for the company in a research note on Thursday, February 29th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Science Applications International from $142.00 to $140.00 and set a neutral rating for the company in a research report on Tuesday, March 19th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Hold and a consensus target price of $127.60.

Insider Transactions at Science Applications International

In other news, Director Katharina G. Mcfarland sold 760 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $125.64, for a total value of $95,486.40. Following the completion of the sale, the director now directly owns 8,653 shares in the company, valued at approximately $1,087,162.92. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.29% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SAIC. Quarry LP increased its stake in shares of Science Applications International by 100.0% in the second quarter. Quarry LP now owns 218 shares of the information technology services provider’s stock worth $25,000 after buying an additional 109 shares during the period. Lazard Asset Management LLC purchased a new position in Science Applications International during the 3rd quarter valued at $37,000. Atlas Capital Advisors LLC purchased a new position in Science Applications International during the 2nd quarter valued at $66,000. KBC Group NV purchased a new position in Science Applications International during the 4th quarter valued at $105,000. Finally, Belpointe Asset Management LLC increased its position in Science Applications International by 511.5% during the 1st quarter. Belpointe Asset Management LLC now owns 1,064 shares of the information technology services provider’s stock valued at $114,000 after purchasing an additional 890 shares during the period. 76.00% of the stock is owned by hedge funds and other 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.