Science Applications International Corporation (NASDAQ:SAIC) Given Average Rating of "Hold" by Brokerages

Key Points

• Analyst sentiment is neutral: Eleven analysts assign SAIC an average “Hold” rating, with eight holds, two buys and one sell. The average 12-month price target is $115.22.
• Quarterly results beat expectations: SAIC reported earnings of $3.23 per share versus the $2.26 consensus estimate, while revenue reached $1.91 billion, up 1.5% year over year.
• Institutional ownership remains high: Institutional investors and hedge funds own 76% of the company, while SAIC’s quarterly dividend is $0.37 per share, equivalent to a 1.2% yield.

Shares of Science Applications International Corporation (NASDAQ:SAIC - Get Free Report) have been given a consensus rating of "Hold" by the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $115.2222.

A number of analysts have recently issued reports on the stock. BNP Paribas Exane started coverage on shares of Science Applications International in a report on Wednesday, May 27th. They issued a "neutral" rating and a $95.00 price objective on the stock. Wall Street Zen upgraded shares of Science Applications International from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 20th. Weiss Ratings raised shares of Science Applications International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, June 11th. TD Cowen lowered 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. Finally, Truist Financial reissued a "hold" rating and set a $110.00 price target (up from $95.00) on shares of Science Applications International in a research report on Tuesday, June 2nd.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. LBP AM SA boosted its position in Science Applications International by 39.1% during the fourth quarter. LBP AM SA now owns 80,767 shares of the company's stock worth $8,130,000 after purchasing an additional 22,692 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Science Applications International by 57.8% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 54,395 shares of the company's stock worth $5,514,000 after acquiring an additional 19,920 shares during the period. Comerica Bank boosted its holdings in shares of Science Applications International by 46.2% in the 4th quarter. Comerica Bank now owns 61,863 shares of the company's stock valued at $6,227,000 after purchasing an additional 19,554 shares in the last quarter. Ruffer LLP acquired a new stake in Science Applications International in the fourth quarter valued at about $5,813,000. Finally, Vanguard Group Inc. boosted its stake in shares of Science Applications International by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company's stock valued at $458,502,000 after purchasing an additional 15,272 shares in the last quarter. Institutional investors and hedge funds own 76.00% of the company's stock.

Science Applications International Stock Down 0.1%

SAIC stock opened at $125.39 on Wednesday. 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 stock has a market capitalization of $5.30 billion, a P/E ratio of 14.12 and a beta of 0.28. The business has a 50-day moving average of $113.94 and a 200-day moving average of $102.25. Science Applications International has a fifty-two week low of $81.08 and a fifty-two week high of $127.28.

Science Applications International (NASDAQ:SAIC - Get Free Report) last posted its quarterly earnings data on Monday, June 1st. The company reported $3.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.26 by $0.97. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.82 billion. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.Science Applications International's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company earned $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, sell-side analysts anticipate that Science Applications International will post 10.01 earnings per share for the current fiscal year.

Science Applications International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.2%. Science Applications International's payout ratio is currently 16.67%.

About Science Applications International

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.

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