Science Applications International (NYSE:SAIC) Updates FY 2027 Earnings Guidance

Science Applications International (NYSE:SAIC) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 9.900-10.100 for the period. The company issued revenue guidance of $8.0 billion-$8.1 billion. Science Applications International also updated its FY 2026 guidance to 8.900-9.100 EPS.

Science Applications International Price Performance

NYSE SAIC traded down $2.78 during trading hours on Friday, reaching $123.58. 225,739 shares of the company’s stock were exchanged, compared to its average volume of 296,708. The stock has a market cap of $6.38 billion, a PE ratio of 14.17 and a beta of 0.70. Science Applications International has a one year low of $95.43 and a one year high of $145.17. The firm has a fifty day moving average of $133.76 and a 200-day moving average of $123.98. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 1.13.

Science Applications International (NYSE:SAIC) last released its quarterly earnings results on Monday, March 18th. The information technology services provider reported $1.43 EPS for the quarter, missing analysts’ consensus estimates of $1.44 by ($0.01). The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.64 billion. Science Applications International had a return on equity of 23.73% and a net margin of 6.41%. The firm’s revenue was down 11.7% on a year-over-year basis. During the same quarter last year, the company earned $2.04 earnings per share. On average, equities research analysts predict that Science Applications International will post 8.11 earnings per share for the current fiscal year.

Science Applications International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, April 12th will be given a $0.37 dividend. The ex-dividend date is Thursday, April 11th. This represents a $1.48 dividend on an annualized basis and a yield of 1.20%. Science Applications International’s payout ratio is 16.72%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SAIC shares. JPMorgan Chase & Co. decreased their price objective on 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. StockNews.com lowered Science Applications International from a buy rating to a hold rating in a research report on Tuesday. Wells Fargo & Company increased their price objective on 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. The Goldman Sachs Group decreased their price objective on 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, Truist Financial restated a hold rating and issued a $130.00 price target on shares of Science Applications International in a research report on Friday. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Hold and a consensus target price of $127.60.

Insider Transactions at Science Applications International

In related news, Director Katharina G. Mcfarland sold 760 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $125.64, for a total transaction of $95,486.40. Following the sale, the director now owns 8,653 shares of the company’s stock, valued at approximately $1,087,162.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.29% of the stock is owned by corporate insiders.

Institutional Trading of Science Applications International

Several hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its stake in shares of Science Applications International by 2.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,118 shares of the information technology services provider’s stock valued at $463,000 after purchasing an additional 94 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Science Applications International by 0.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 14,738 shares of the information technology services provider’s stock valued at $1,303,000 after purchasing an additional 94 shares during the period. Quarry LP raised its stake in shares of Science Applications International by 100.0% in the 2nd quarter. Quarry LP now owns 218 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 109 shares during the period. LPL Financial LLC raised its stake in shares of Science Applications International by 1.4% in the 3rd quarter. LPL Financial LLC now owns 9,302 shares of the information technology services provider’s stock valued at $982,000 after purchasing an additional 127 shares during the period. Finally, Captrust Financial Advisors raised its stake in shares of Science Applications International by 5.1% in the 2nd quarter. Captrust Financial Advisors now owns 2,654 shares of the information technology services provider’s stock valued at $247,000 after purchasing an additional 128 shares during the period. 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.