Science Applications International Corporation (NASDAQ:SAIC) Given Average Recommendation of “Hold” by Analysts

Science Applications International Corporation (NASDAQ:SAIC) has been assigned a consensus rating of “Hold” from the eleven research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $115.2222.

A number of equities analysts have weighed in on SAIC shares. TD Cowen cut their price target on shares of Science Applications International from $130.00 to $125.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. UBS Group boosted their price objective on shares of Science Applications International from $113.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. BNP Paribas Exane assumed coverage on Science Applications International in a report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 price objective for the company. Citigroup increased their target price on Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Finally, The Goldman Sachs Group lifted their target price on Science Applications International from $85.00 to $96.00 and gave the company a “sell” rating in a report on Friday, June 12th.

Institutional Trading of Science Applications International

A number of institutional investors have recently modified their holdings of the company. Los Angeles Capital Management LLC purchased a new stake in shares of Science Applications International during the 4th quarter worth about $25,000. Transamerica Financial Advisors LLC raised its holdings in Science Applications International by 477.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock valued at $26,000 after buying an additional 215 shares during the period. Wexford Capital LP acquired a new position in Science Applications International during the third quarter valued at approximately $29,000. Rakuten Securities Inc. lifted its position in Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after buying an additional 249 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in Science Applications International during the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Science Applications International Trading Up 0.5%

Shares of SAIC stock opened at $115.51 on Friday. The firm has a market cap of $4.88 billion, a P/E ratio of 13.01 and a beta of 0.29. Science Applications International has a 1-year low of $81.08 and a 1-year high of $123.41. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.16 and a quick ratio of 1.16. The firm’s 50-day simple moving average is $107.10 and its 200-day simple moving average is $100.94.

Science Applications International (NASDAQ:SAIC) last released its earnings results on Monday, June 1st. The company reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.97. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm earned $1.42 earnings per share. Science Applications International’s revenue was up 1.5% compared to the same quarter last year. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. As a group, equities analysts forecast that Science Applications International will post 10.15 EPS for the current year.

Science Applications International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, July 10th. Science Applications International’s dividend payout ratio (DPR) is 16.67%.

Science Applications International Company Profile

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.