Science Applications International Co. (NYSE:SAIC) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Science Applications International Co. (NYSE:SAIC) has received a consensus rating of "Hold" from eleven research firms, with one sell, six hold, and four buy recommendations.
• The company's shares recently traded at $119.58, having a 12-month low of $94.68 and a high of $156.34, with a market capitalization of $5.61 billion.
• SAIC reported a quarterly earnings per share of $1.92, missing analysts' expectations of $2.17, while also declaring a quarterly dividend of $0.37 per share.

Science Applications International Co. (NYSE:SAIC - Get Free Report) has received a consensus rating of "Hold" from the eleven research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $125.6364.

Several analysts have recently issued reports on the company. Wells Fargo & Company increased their target price on Science Applications International from $132.00 to $137.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Barclays reduced their price objective on Science Applications International from $115.00 to $105.00 and set an "equal weight" rating for the company in a research note on Monday, June 9th. Jefferies Financial Group lifted their target price on Science Applications International from $120.00 to $130.00 and gave the company a "hold" rating in a research report on Thursday, May 15th. Stifel Nicolaus began coverage on Science Applications International in a research note on Tuesday, June 24th. They set a "buy" rating and a $130.00 price target for the company. Finally, Truist Financial boosted their price objective on Science Applications International from $100.00 to $110.00 and gave the company a "hold" rating in a research note on Thursday, July 24th.

Science Applications International Trading Up 0.7%

Shares of Science Applications International stock opened at $119.58 on Wednesday. Science Applications International has a 12-month low of $94.68 and a 12-month high of $156.34. The business's 50 day moving average is $114.06 and its 200-day moving average is $112.12. 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 stock has a market cap of $5.61 billion, a P/E ratio of 20.17 and a beta of 0.49.

Science Applications International (NYSE:SAIC - Get Free Report) last posted its quarterly earnings results on Monday, June 2nd. The information technology services provider reported $1.92 earnings per share for the quarter, missing analysts' consensus estimates of $2.17 by ($0.25). Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The company's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.92 earnings per share. Science Applications International has set its FY 2026 guidance at 9.100-9.300 EPS. Equities research analysts predict that Science Applications International will post 8.27 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Friday, July 11th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, July 11th. Science Applications International's dividend payout ratio (DPR) is presently 20.76%.

Hedge Funds Weigh In On Science Applications International

Several hedge funds have recently made changes to their positions in SAIC. LSV Asset Management raised its stake in Science Applications International by 143.2% during the second quarter. LSV Asset Management now owns 1,302,029 shares of the information technology services provider's stock valued at $146,621,000 after buying an additional 766,734 shares during the last quarter. Norges Bank bought a new position in shares of Science Applications International in the second quarter worth about $81,148,000. AQR Capital Management LLC boosted its stake in shares of Science Applications International by 115.8% in the first quarter. AQR Capital Management LLC now owns 956,438 shares of the information technology services provider's stock worth $107,379,000 after acquiring an additional 513,192 shares during the period. Invesco Ltd. boosted its stake in shares of Science Applications International by 124.8% in the first quarter. Invesco Ltd. now owns 874,595 shares of the information technology services provider's stock worth $98,191,000 after acquiring an additional 485,496 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Science Applications International by 78.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 902,302 shares of the information technology services provider's stock worth $101,608,000 after acquiring an additional 396,037 shares during the period. 76.00% of the stock is owned by hedge funds and other institutional investors.

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.

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