Science Applications International (SAIC) to Release Earnings on Monday

Science Applications International (NYSE:SAICGet Free Report) will post its quarterly earnings results before the market opens on Monday, June 3rd. Analysts expect Science Applications International to post earnings of $1.93 per share for the quarter. Science Applications International has set its FY 2025 guidance at 8.000-8.200 EPS and its FY25 guidance at $8.00-8.20 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Science Applications International (NYSE:SAICGet Free Report) last issued its quarterly earnings data on Monday, March 18th. The information technology services provider reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.01). The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.64 billion. Science Applications International had a net margin of 6.41% and a return on equity of 23.73%. The company’s revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.04 earnings per share. On average, analysts expect Science Applications International to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Science Applications International Trading Up 0.7 %

Shares of NYSE:SAIC opened at $137.63 on Monday. The company has a market cap of $7.06 billion, a PE ratio of 15.55 and a beta of 0.70. The company’s 50-day moving average price is $130.17 and its 200 day moving average price is $129.01. Science Applications International has a fifty-two week low of $95.43 and a fifty-two week high of $145.17. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Friday, April 12th were given a $0.37 dividend. The ex-dividend date was Thursday, April 11th. This represents a $1.48 annualized dividend and a yield of 1.08%. Science Applications International’s dividend payout ratio is presently 16.72%.

Analysts Set New Price Targets

SAIC has been the topic of several recent research reports. Wells Fargo & Company lifted their price objective 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. JPMorgan Chase & Co. dropped their target price on shares of Science Applications International from $142.00 to $140.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 19th. Truist Financial reissued a “hold” rating and issued a $130.00 target price on shares of Science Applications International in a research report on Friday, April 12th. The Goldman Sachs Group dropped their target price on shares of Science Applications International from $113.00 to $110.00 and set a “sell” rating on the stock in a research report on Thursday, February 29th. Finally, StockNews.com raised shares of Science Applications International from a “hold” rating to a “buy” rating in a research report on Wednesday, April 17th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Science Applications International currently has an average rating of “Hold” and a consensus price target of $127.60.

Read Our Latest Stock Report on SAIC

Insider Buying and Selling

In related news, EVP Vincent P. Difronzo purchased 795 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was acquired at an average cost of $126.04 per share, for a total transaction of $100,201.80. Following the completion of the acquisition, the executive vice president now owns 8,772 shares in the company, valued at approximately $1,105,622.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Science Applications International news, Director Katharina G. Mcfarland sold 760 shares of Science Applications International 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 $1,087,162.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Vincent P. Difronzo bought 795 shares of Science Applications International stock in a transaction on Friday, April 12th. The stock was acquired at an average price of $126.04 per share, with a total value of $100,201.80. Following the completion of the purchase, the executive vice president now directly owns 8,772 shares of the company’s stock, valued at $1,105,622.88. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by corporate insiders.

Science Applications International Company Profile

(Get Free Report)

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.

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Earnings History for Science Applications International (NYSE:SAIC)

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