Science Applications International Co. (NYSE:SAIC) Receives Consensus Recommendation of “Hold” from Analysts

Science Applications International Co. (NYSE:SAIC) has been assigned an average recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $115.10.

A number of equities analysts have recently issued reports on SAIC shares. Jefferies Financial Group cut their price target on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a report on Wednesday, September 10th. Stifel Nicolaus dropped their target price on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a report on Friday, September 5th. The Goldman Sachs Group decreased their price target on Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a research note on Monday, September 8th. UBS Group dropped their price objective on Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Finally, Truist Financial boosted their target price on Science Applications International from $100.00 to $110.00 and gave the stock a “hold” rating in a research report on Thursday, July 24th.

Institutional Trading of Science Applications International

Institutional investors and hedge funds have recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Science Applications International by 324.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock worth $28,000 after purchasing an additional 188 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Science Applications International during the third quarter worth about $29,000. Rakuten Securities Inc. raised its position in shares of Science Applications International by 1,915.4% in the second quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 249 shares during the last quarter. Larson Financial Group LLC boosted its position in Science Applications International by 43.2% during the first quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock worth $36,000 after acquiring an additional 98 shares during the last quarter. Finally, US Bancorp DE raised its holdings in 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 acquiring an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Science Applications International Stock Performance

Shares of SAIC stock opened at $91.81 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. The stock has a 50 day simple moving average of $99.84 and a 200-day simple moving average of $109.40. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 15.48 and a beta of 0.43. Science Applications International has a 12-month low of $89.71 and a 12-month high of $155.09.

Science Applications International (NYSE:SAIC) last announced its quarterly earnings data on Thursday, September 4th. The information technology services provider reported $3.63 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $1.38. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the company posted $2.05 earnings per share. Science Applications International’s quarterly revenue was down 2.7% on a year-over-year basis. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. On average, equities analysts forecast that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 24th. Investors of record on Friday, October 10th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, October 10th. Science Applications International’s dividend payout ratio is presently 17.92%.

Science Applications International Company Profile

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.