Science Applications International (NYSE:SAIC – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 9.800-10.000 for the period. The company issued revenue guidance of $7.3 billion-$7.3 billion.
Science Applications International Trading Down 1.2%
Shares of NYSE SAIC opened at $100.61 on Friday. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 16.97 and a beta of 0.30. The stock’s 50 day simple moving average is $93.45 and its 200 day simple moving average is $105.12. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. Science Applications International has a 12-month low of $84.15 and a 12-month high of $124.11.
Science Applications International (NYSE:SAIC – Get Free Report) last released its quarterly 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 analyst estimates of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The company’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. Equities research analysts expect that Science Applications International will post 8.27 EPS for the current year.
Science Applications International Announces Dividend
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on SAIC. Stifel Nicolaus reduced their price target on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. UBS Group dropped their price objective on Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. JPMorgan Chase & Co. upped their price objective on Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday. The Goldman Sachs Group dropped their price target on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a research report on Monday, September 8th. Finally, Jefferies Financial Group lowered their price objective on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $116.10.
Read Our Latest Analysis on Science Applications International
Institutional Trading of Science Applications International
Several hedge funds and other institutional investors have recently modified their holdings of the business. Advisory Services Network LLC bought a new stake in shares of Science Applications International in the third quarter worth $69,000. CANADA LIFE ASSURANCE Co grew its stake in Science Applications International by 0.9% in the third quarter. CANADA LIFE ASSURANCE Co now owns 30,287 shares of the information technology services provider’s stock valued at $2,958,000 after purchasing an additional 272 shares in the last quarter. Wexford Capital LP bought a new stake in shares of Science Applications International during the 3rd quarter worth approximately $29,000. Scientech Research LLC grew its stake in shares of Science Applications International by 215.3% in the third quarter. Scientech Research LLC now owns 8,039 shares of the information technology services provider’s stock valued at $799,000 after buying an additional 5,489 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in Science Applications International during the third quarter worth $1,041,000. Institutional investors and hedge funds own 76.00% of the company’s stock.
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.
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