Science Applications International (NYSE:SAIC) Releases FY 2026 Earnings Guidance

Science Applications International (NYSE:SAIC - Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 9.100-9.300 for the period, compared to the consensus estimate of 10.240. The company issued revenue guidance of $7.6 billion-$7.8 billion, compared to the consensus revenue estimate of $7.9 billion.

Science Applications International Price Performance

Shares of SAIC stock traded up $0.06 during trading hours on Thursday, hitting $102.33. The stock had a trading volume of 316,200 shares, compared to its average volume of 529,642. Science Applications International has a one year low of $94.68 and a one year high of $156.34. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The stock's 50-day moving average price is $116.70 and its two-hundred day moving average price is $113.09. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 17.27 and a beta of 0.55.

Science Applications International (NYSE:SAIC - Get Free Report) last issued its earnings results on Monday, June 2nd. The information technology services provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by ($0.25). Science Applications International had a return on equity of 24.18% and a net margin of 4.11%. During the same period in the prior year, the firm earned $1.92 earnings per share. The firm's revenue was up 1.6% on a year-over-year basis. Equities analysts forecast that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, July 11th. This represents a $1.48 annualized dividend and a yield of 1.45%. Science Applications International's payout ratio is currently 20.58%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on SAIC shares. Jefferies Financial Group boosted their price objective on Science Applications International from $120.00 to $130.00 and gave the stock a "hold" rating in a research note on Thursday, May 15th. Truist Financial reduced their price objective on Science Applications International from $115.00 to $100.00 and set a "hold" rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. reduced their price objective on Science Applications International from $148.00 to $140.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 15th. Wells Fargo & Company boosted their price objective on Science Applications International from $132.00 to $137.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, UBS Group reduced their price objective on Science Applications International from $121.00 to $111.00 and set a "neutral" rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Science Applications International presently has an average rating of "Hold" and an average price target of $128.70.

Insider Activity at Science Applications International

In other news, Director Carolyn B. Handlon purchased 230 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was purchased at an average price of $109.93 per share, for a total transaction of $25,283.90. Following the completion of the acquisition, the director now owns 4,032 shares of the company's stock, valued at approximately $443,237.76. This trade represents a 6.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Toni Townes-Whitley purchased 2,000 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was purchased at an average price of $111.67 per share, with a total value of $223,340.00. Following the acquisition, the chief executive officer now directly owns 45,183 shares of the company's stock, valued at $5,045,585.61. This trade represents a 4.63% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 3,260 shares of company stock worth $365,037. Company insiders own 0.44% of the company's stock.

Institutional Trading of Science Applications International

Hedge funds have recently bought and sold shares of the stock. Focus Partners Wealth lifted its holdings in Science Applications International by 3.3% during the first quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider's stock worth $326,000 after buying an additional 94 shares during the period. Empowered Funds LLC lifted its holdings in Science Applications International by 93.2% during the first quarter. Empowered Funds LLC now owns 10,722 shares of the information technology services provider's stock worth $1,204,000 after buying an additional 5,173 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Science Applications International by 22.2% during the first quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the information technology services provider's stock worth $16,454,000 after buying an additional 26,633 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Science Applications International by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the information technology services provider's stock worth $16,863,000 after buying an additional 7,816 shares during the period. Hedge funds and other institutional investors own 76.00% of the company's stock.

About Science Applications International

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.