Equities analysts predict that Science Applications International Corp (NYSE:SAIC) will announce earnings of $0.81 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Science Applications International’s earnings. The lowest EPS estimate is $0.76 and the highest is $0.85. Science Applications International reported earnings per share of $0.79 in the same quarter last year, which suggests a positive year-over-year growth rate of 2.5%. The company is expected to report its next quarterly earnings report on Thursday, March 29th.

On average, analysts expect that Science Applications International will report full-year earnings of $3.67 per share for the current fiscal year, with EPS estimates ranging from $3.60 to $3.72. For the next year, analysts expect that the company will report earnings of $4.04 per share, with EPS estimates ranging from $3.80 to $4.30. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Science Applications International.

Science Applications International (NYSE:SAIC) last issued its quarterly earnings data on Thursday, December 7th. The information technology services provider reported $0.97 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.12. Science Applications International had a return on equity of 50.26% and a net margin of 3.77%.

A number of brokerages have recently issued reports on SAIC. Cowen restated a “hold” rating and set a $72.00 price objective on shares of Science Applications International in a research report on Friday, December 8th. Zacks Investment Research downgraded Science Applications International from a “buy” rating to a “hold” rating in a report on Wednesday, December 13th. Jefferies Group reiterated a “hold” rating and issued a $78.00 target price on shares of Science Applications International in a report on Monday, January 8th. Wells Fargo & Co upgraded Science Applications International from a “market perform” rating to an “outperform” rating and set a $80.00 target price for the company in a report on Wednesday, October 25th. Finally, BidaskClub upgraded Science Applications International from a “buy” rating to a “strong-buy” rating in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. Science Applications International presently has a consensus rating of “Hold” and an average price target of $82.38.

Shares of Science Applications International (SAIC) traded up $1.22 on Monday, hitting $68.95. The stock had a trading volume of 303,181 shares, compared to its average volume of 218,547. Science Applications International has a 52 week low of $60.21 and a 52 week high of $89.87. The company has a quick ratio of 1.15, a current ratio of 1.34 and a debt-to-equity ratio of 3.09. The company has a market capitalization of $2,896.53, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 3.36 and a beta of 1.50.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 26th. Shareholders of record on Friday, January 12th were issued a $0.31 dividend. The ex-dividend date of this dividend was Thursday, January 11th. This represents a $1.24 dividend on an annualized basis and a yield of 1.80%. Science Applications International’s payout ratio is currently 34.07%.

A number of hedge funds have recently modified their holdings of SAIC. The Manufacturers Life Insurance Company increased its holdings in shares of Science Applications International by 2.0% during the second quarter. The Manufacturers Life Insurance Company now owns 96,379 shares of the information technology services provider’s stock valued at $6,690,000 after acquiring an additional 1,928 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Science Applications International by 2.8% during the second quarter. Royal Bank of Canada now owns 32,326 shares of the information technology services provider’s stock valued at $2,243,000 after acquiring an additional 871 shares in the last quarter. State Street Corp increased its holdings in shares of Science Applications International by 4.8% during the second quarter. State Street Corp now owns 1,503,586 shares of the information technology services provider’s stock valued at $104,381,000 after acquiring an additional 69,187 shares in the last quarter. Mutual of America Capital Management LLC increased its holdings in shares of Science Applications International by 40.1% during the third quarter. Mutual of America Capital Management LLC now owns 101,605 shares of the information technology services provider’s stock valued at $6,792,000 after acquiring an additional 29,092 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Science Applications International by 9.7% during the second quarter. Wells Fargo & Company MN now owns 102,243 shares of the information technology services provider’s stock valued at $7,098,000 after acquiring an additional 9,038 shares in the last quarter. Institutional investors and hedge funds own 63.09% of the company’s stock.

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Science Applications International Company Profile

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

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Earnings History and Estimates for Science Applications International (NYSE:SAIC)

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