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

Science Applications International (NYSE:SAIC) updated its FY 2027 earnings guidance on Friday. 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.

Wall Street Analyst Weigh In

SAIC has been the subject of a number of recent research reports. The Goldman Sachs Group cut their price target on Science Applications International from $113.00 to $110.00 and set a sell rating for the company in a research note on Thursday, February 29th. Truist Financial restated a hold rating and set a $130.00 price target on shares of Science Applications International in a research note on Friday. Wells Fargo & Company boosted their price target on Science Applications International from $141.00 to $143.00 and gave the company an equal weight rating in a research note on Tuesday, March 19th. JPMorgan Chase & Co. cut their price target on Science Applications International from $142.00 to $140.00 and set a neutral rating for the company in a research note on Tuesday, March 19th. Finally, StockNews.com downgraded Science Applications International from a buy rating to a hold rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and an average target price of $127.60.

Science Applications International Stock Performance

Shares of NYSE:SAIC traded down $2.78 during mid-day trading on Friday, reaching $123.58. 225,740 shares of the company traded hands, compared to its average volume of 296,708. The company’s 50 day moving average price is $133.76 and its 200-day moving average price is $123.98. The firm has a market cap of $6.38 billion, a PE ratio of 14.17 and a beta of 0.70. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.98 and a quick ratio of 0.97. Science Applications International has a 52 week low of $95.43 and a 52 week high of $145.17.

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

Science Applications International Dividend Announcement

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

Insiders Place Their Bets

In other Science Applications International news, Director Katharina G. Mcfarland sold 760 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $125.64, for a total value of $95,486.40. Following the completion of the transaction, the director now directly owns 8,653 shares in the company, valued at approximately $1,087,162.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.29% of the stock is currently owned by corporate insiders.

Institutional Trading of Science Applications International

Hedge funds have recently modified their holdings of the company. Quarry LP raised its holdings in Science Applications International by 100.0% during the 2nd quarter. Quarry LP now owns 218 shares of the information technology services provider’s stock valued at $25,000 after buying an additional 109 shares during the period. Lazard Asset Management LLC purchased a new stake in Science Applications International during the 3rd quarter valued at $37,000. Atlas Capital Advisors LLC purchased a new stake in Science Applications International during the 2nd quarter valued at $66,000. KBC Group NV purchased a new stake in Science Applications International during the 4th quarter valued at $105,000. Finally, Belpointe Asset Management LLC raised its holdings in Science Applications International by 511.5% during the 1st quarter. Belpointe Asset Management LLC now owns 1,064 shares of the information technology services provider’s stock valued at $114,000 after buying an additional 890 shares during the period. 76.00% of the stock is owned by hedge funds and other institutional investors.

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.