Science Applications International (NYSE:SAIC) Price Target Raised to $125.00

Science Applications International (NYSE:SAIC) had its target price lifted by JPMorgan Chase & Co. from $115.00 to $125.00 in a research note released on Friday morning,Benzinga reports. They currently have a neutral rating on the information technology services provider’s stock.

Other equities research analysts also recently issued reports about the company. UBS Group lowered their target price on Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Jefferies Financial Group lowered their price objective on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, September 10th. Stifel Nicolaus dropped their target price on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. Finally, The Goldman Sachs Group reduced their price target on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a report on Monday, September 8th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Science Applications International has a consensus rating of “Hold” and an average target price of $116.10.

Science Applications International Price Performance

Shares of NYSE SAIC opened at $100.61 on Friday. The company has a market capitalization of $4.63 billion, a PE ratio of 16.97 and a beta of 0.30. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. Science Applications International has a twelve month low of $84.15 and a twelve month high of $124.11. The firm has a fifty day simple moving average of $93.45 and a 200 day simple moving average of $104.87.

Science Applications International (NYSE:SAIC) last issued its quarterly earnings results on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.51. The business had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. On average, sell-side analysts forecast that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, January 14th. Science Applications International’s dividend payout ratio (DPR) is currently 18.93%.

Institutional Investors Weigh In On Science Applications International

Several institutional investors have recently bought and sold shares of SAIC. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Science Applications International by 324.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock valued at $28,000 after purchasing an additional 188 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Science Applications International during the third quarter valued at approximately $29,000. Wexford Capital LP purchased a new stake in shares of Science Applications International during the third quarter valued at approximately $29,000. Rakuten Securities Inc. lifted its holdings in Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 249 shares during the period. Finally, US Bancorp DE lifted its holdings in Science Applications International by 38.5% during the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock worth $36,000 after acquiring an additional 90 shares during the period. 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.