UBS Group Boosts Science Applications International (NYSE:SAIC) Price Target to $113.00

Science Applications International (NYSE:SAIC) had its target price upped by investment analysts at UBS Group from $110.00 to $113.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. UBS Group’s price objective suggests a potential upside of 16.10% from the company’s current price.

Several other research analysts have also recently commented on SAIC. JPMorgan Chase & Co. boosted their target price on Science Applications International from $115.00 to $125.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Stifel Nicolaus decreased their price objective on Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Jefferies Financial Group cut their target price on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a research note on Wednesday, September 10th. Finally, The Goldman Sachs Group reduced their target price on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock 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, the stock currently has an average rating of “Hold” and a consensus price target of $116.40.

Science Applications International Price Performance

Shares of SAIC opened at $97.33 on Monday. The company has a market cap of $4.39 billion, a P/E ratio of 16.41 and a beta of 0.30. Science Applications International has a fifty-two week low of $84.15 and a fifty-two week high of $124.11. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The firm’s 50 day moving average price is $93.44 and its 200 day moving average price is $104.56.

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 the consensus estimate of $2.07 by $0.51. The company had revenue of $1.87 billion during 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 firm’s revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.61 EPS. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. On average, research analysts forecast that Science Applications International will post 8.27 earnings per share for the current fiscal year.

Institutional Trading of Science Applications International

Several institutional investors have recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Science Applications International by 324.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock valued at $28,000 after buying an additional 188 shares during the last quarter. Quent Capital LLC acquired a new position in Science Applications International in the third quarter valued at $29,000. Wexford Capital LP purchased a new position in shares of Science Applications International during the third quarter worth about $29,000. Rakuten Securities Inc. increased its position in shares of 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 purchasing an additional 249 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of 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 purchasing an additional 90 shares in the last quarter. 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.