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

Science Applications International Co. (NYSE:SAIC) has been given an average recommendation of “Hold” by the ten ratings firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $116.4444.

Several analysts have recently weighed in on SAIC shares. The Goldman Sachs Group lowered their price objective on shares of Science Applications International from $94.00 to $82.00 and set a “sell” rating for the company in a research note on Thursday, February 12th. Citigroup lifted their price target on shares of Science Applications International from $122.00 to $133.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. upped their price objective on shares of Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Finally, UBS Group raised their target price on Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a research note on Monday, December 8th.

Science Applications International Stock Performance

SAIC stock opened at $85.18 on Wednesday. The firm has a market cap of $3.84 billion, a PE ratio of 14.36 and a beta of 0.28. 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 moving average price of $102.19 and a 200-day moving average price of $101.55. Science Applications International has a 1-year low of $81.08 and a 1-year high of $124.11.

Science Applications International (NYSE:SAIC) last released its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.07 by $0.51. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The firm’s revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. As a group, equities research analysts expect that Science Applications International will post 8.27 earnings per share for the current year.

Science Applications International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were issued a dividend of $0.37 per share. The ex-dividend date was Wednesday, January 14th. This represents a $1.48 annualized dividend and a dividend yield of 1.7%. Science Applications International’s payout ratio is currently 18.93%.

Insider Activity

In other news, CEO James Reagan bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were bought at an average cost of $100.17 per share, for a total transaction of $100,170.00. Following the acquisition, the chief executive officer directly owned 26,460 shares in the company, valued at approximately $2,650,498.20. This trade represents a 3.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.44% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Science Applications International

Institutional investors have recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Science Applications International by 324.1% in 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 period. Los Angeles Capital Management LLC bought a new stake in shares of Science Applications International in the 4th quarter worth approximately $25,000. Transamerica Financial Advisors LLC lifted its stake in Science Applications International by 477.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 215 shares during the last quarter. Rakuten Securities Inc. grew its holdings in Science Applications International by 1,915.4% during the second 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 during the period. Finally, Quent Capital LLC bought a new position in Science Applications International during the third quarter valued at $29,000. Institutional investors own 76.00% of the company’s stock.

Science Applications International Company Profile

Science Applications International Corp. (NYSE: SAIC) is an American technology integrator that delivers a broad range of engineering, systems integration and information technology (IT) services primarily to U.S. government clients. Founded in 1969 by J. Robert Beyster, the company has built a reputation for supporting defense, intelligence, federal civilian, health and energy agencies with specialized solutions that address mission-critical requirements. SAIC’s offerings span the full lifecycle of complex programs, from concept and design through development, deployment and sustainment.

The company’s core capabilities include systems engineering and integration, enterprise IT modernization, cloud computing, cybersecurity, data analytics and artificial intelligence.