Science Applications International (SAIC) Projected to Post Quarterly Earnings on Thursday

Science Applications International (NYSE:SAIC) will likely be posting its results before the market opens on Thursday, December 4th. Analysts expect Science Applications International to post earnings of $2.07 per share and revenue of $1.8671 billion for the quarter. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS.

Science Applications International (NYSE:SAIC) last issued its quarterly earnings results on Thursday, September 4th. The information technology services provider reported $3.63 EPS for the quarter, topping the consensus estimate of $2.25 by $1.38. The firm had revenue of $1.77 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 for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.05 earnings per share. On average, analysts expect Science Applications International to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Science Applications International Trading Up 1.5%

Shares of Science Applications International stock opened at $87.56 on Wednesday. Science Applications International has a 1-year low of $84.15 and a 1-year high of $133.00. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $4.03 billion, a P/E ratio of 14.77 and a beta of 0.43. The stock’s 50 day simple moving average is $93.55 and its 200-day simple moving average is $105.42.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on SAIC shares. Jefferies Financial Group decreased their price objective on Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a report on Wednesday, September 10th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $115.00 price objective (down from $140.00) on shares of Science Applications International in a report on Monday, September 8th. The Goldman Sachs Group dropped their price objective on Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a research note on Monday, September 8th. UBS Group decreased their price target on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Finally, Stifel Nicolaus reduced their price objective on Science Applications International from $130.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday, September 5th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Science Applications International currently has an average rating of “Hold” and an average target price of $115.10.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SAIC. AQR Capital Management LLC raised its holdings in Science Applications International by 36.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,303,894 shares of the information technology services provider’s stock worth $143,578,000 after acquiring an additional 347,456 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Science Applications International by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,174,062 shares of the information technology services provider’s stock valued at $116,660,000 after purchasing an additional 19,599 shares during the period. Invesco Ltd. boosted its stake in shares of Science Applications International by 3.1% during the 3rd quarter. Invesco Ltd. now owns 910,936 shares of the information technology services provider’s stock worth $90,520,000 after acquiring an additional 27,548 shares during the last quarter. UBS Group AG grew its holdings in Science Applications International by 6.0% during the third quarter. UBS Group AG now owns 477,099 shares of the information technology services provider’s stock valued at $47,409,000 after purchasing an additional 27,042 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Science Applications International by 11.6% during the 3rd quarter. Bank of America Corp DE now owns 310,922 shares of the information technology services provider’s stock valued at $30,896,000 after acquiring an additional 32,310 shares during the period. Hedge funds and other institutional investors own 76.00% of the company’s stock.

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.