Zacks Research Has Positive Outlook of SAIC FY2026 Earnings

Key Points

• Zacks Research has increased its FY2026 earnings estimate for Science Applications International (SAIC) to $9.58 per share, up from the previous estimate of $9.12.
• SAIC recently announced a quarterly dividend of $0.37 per share, set to be paid on October 24th, with an annualized dividend yield of 1.5%.
• The stock currently holds a consensus "Hold" rating among analysts, with a target price averaging $120.64, reflecting various price adjustments from multiple financial institutions.

Science Applications International Co. (NYSE:SAIC - Free Report) - Investment analysts at Zacks Research increased their FY2026 earnings estimates for shares of Science Applications International in a note issued to investors on Wednesday, September 24th. Zacks Research analyst Team now expects that the information technology services provider will post earnings per share of $9.58 for the year, up from their previous forecast of $9.12. The consensus estimate for Science Applications International's current full-year earnings is $8.27 per share. Zacks Research also issued estimates for Science Applications International's Q1 2027 earnings at $2.14 EPS, Q2 2027 earnings at $2.32 EPS, Q4 2027 earnings at $2.39 EPS, Q1 2028 earnings at $2.55 EPS and Q2 2028 earnings at $2.59 EPS.

Science Applications International (NYSE:SAIC - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The information technology services provider reported $3.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.25 by $1.38. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The business had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $2.05 EPS. Science Applications International's revenue for the quarter was down 2.7% compared to the same quarter last year. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS.

Several other analysts have also recently commented on SAIC. Stifel Nicolaus decreased their price target on shares of Science Applications International from $130.00 to $128.00 and set a "buy" rating on the stock in a research note on Friday, September 5th. Truist Financial increased their target price on shares of Science Applications International from $100.00 to $110.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $115.00 price target (down from $140.00) on shares of Science Applications International in a report on Monday, September 8th. UBS Group lowered their price objective on shares of Science Applications International from $111.00 to $110.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Finally, The Goldman Sachs Group dropped their price target on Science Applications International from $104.00 to $91.00 and set a "sell" rating on the stock in a research report on Monday, September 8th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $120.64.

Science Applications International Trading Up 1.4%

SAIC stock opened at $100.01 on Thursday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. Science Applications International has a 1-year low of $94.68 and a 1-year high of $156.34. The business has a 50 day simple moving average of $112.16 and a two-hundred day simple moving average of $112.85. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 16.87 and a beta of 0.49.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 24th. Stockholders of record on Friday, October 10th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, October 10th. Science Applications International's dividend payout ratio is 17.92%.

Hedge Funds Weigh In On Science Applications International

Institutional investors and hedge funds have recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Science Applications International by 9.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,160 shares of the information technology services provider's stock worth $355,000 after purchasing an additional 271 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of Science Applications International in the first quarter valued at approximately $204,000. SG Americas Securities LLC increased its stake in shares of Science Applications International by 19.4% during the first quarter. SG Americas Securities LLC now owns 4,508 shares of the information technology services provider's stock worth $506,000 after acquiring an additional 732 shares during the period. Envestnet Asset Management Inc. grew its holdings in Science Applications International by 17.5% during the first quarter. Envestnet Asset Management Inc. now owns 41,141 shares of the information technology services provider's stock worth $4,619,000 after acquiring an additional 6,137 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Science Applications International by 96.8% during the 1st quarter. GAMMA Investing LLC now owns 614 shares of the information technology services provider's stock valued at $69,000 after acquiring an additional 302 shares during the period. 76.00% of the stock is currently owned by institutional investors and hedge funds.

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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