Science Applications International Corporation (NYSE:SAIC) will post its quarterly earnings results after the market closes on Thursday, September 7th. Analysts expect Science Applications International Corporation to post earnings of $0.90 per share for the quarter.

Science Applications International Corporation (NYSE:SAIC) last released its quarterly earnings results on Monday, June 12th. The information technology services provider reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.04. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. Science Applications International Corporation had a net margin of 3.78% and a return on equity of 47.08%. Science Applications International Corporation’s revenue was down 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 earnings per share. On average, analysts expect Science Applications International Corporation to post $3.79 EPS for the current fiscal year and $4.12 EPS for the next fiscal year.

Shares of Science Applications International Corporation (NYSE SAIC) opened at 73.02 on Thursday. The company’s 50-day moving average is $70.81 and its 200-day moving average is $76.12. Science Applications International Corporation has a 1-year low of $63.14 and a 1-year high of $89.87. The stock has a market cap of $3.19 billion, a P/E ratio of 20.33 and a beta of 1.65.

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In related news, insider Douglas Martin Wagoner sold 9,400 shares of the stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $73.63, for a total transaction of $692,122.00. Following the transaction, the insider now directly owns 50,175 shares in the company, valued at $3,694,385.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 44,472 shares of company stock worth $3,119,732 over the last quarter. 2.28% of the stock is currently owned by company insiders.

Several analysts have recently issued reports on SAIC shares. BidaskClub downgraded Science Applications International Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Cowen and Company reiterated a “hold” rating and set a $75.00 target price on shares of Science Applications International Corporation in a research report on Monday, May 15th. Jefferies Group LLC downgraded Science Applications International Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Zacks Investment Research downgraded Science Applications International Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 8th. Finally, Wells Fargo & Co reiterated a “market perform” rating and set a $75.00 target price (down from $80.00) on shares of Science Applications International Corporation in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $81.63.

Science Applications International Corporation 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.

Earnings History for Science Applications International Corporation (NYSE:SAIC)

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