Equities Analysts Set Expectations for SAIC Q2 Earnings

Science Applications International Co. (NYSE:SAIC - Free Report) - Equities research analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for shares of Science Applications International in a note issued to investors on Monday, June 23rd. Zacks Research analyst R. Department now anticipates that the information technology services provider will post earnings per share of $2.25 for the quarter, up from their previous forecast of $2.22. 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 Q3 2026 earnings at $2.58 EPS, Q4 2026 earnings at $2.37 EPS, Q4 2027 earnings at $2.56 EPS, Q1 2028 earnings at $2.68 EPS and FY2028 earnings at $11.73 EPS.

Science Applications International (NYSE:SAIC - Get Free Report) last issued its quarterly earnings results on Monday, June 2nd. The information technology services provider reported $1.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 quarter last year, the company posted $1.92 earnings per share. The company's revenue was up 1.6% on a year-over-year basis.

Other equities analysts have also issued reports about the company. Truist Financial dropped their price target on Science Applications International from $115.00 to $100.00 and set a "hold" rating on the stock in a research note on Tuesday, June 3rd. Stifel Nicolaus assumed coverage on Science Applications International in a research note on Tuesday. They set a "buy" rating and a $130.00 price target on the stock. Jefferies Financial Group upped their target price on Science Applications International from $120.00 to $130.00 and gave the stock a "hold" rating in a research report on Thursday, May 15th. Barclays lowered their price objective on shares of Science Applications International from $115.00 to $105.00 and set an "equal weight" rating on the stock in a report on Monday, June 9th. Finally, Wells Fargo & Company lifted their price target on Science Applications International from $132.00 to $137.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Science Applications International has an average rating of "Hold" and an average target price of $124.73.

Science Applications International Trading Up 1.4%

SAIC traded up $1.56 during trading on Wednesday, reaching $109.16. 623,942 shares of the stock traded hands, compared to its average volume of 542,691. The stock's 50-day moving average is $114.07 and its 200 day moving average is $111.23. Science Applications International has a 12 month low of $94.68 and a 12 month high of $156.34. 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 capitalization of $5.12 billion, a PE ratio of 18.41 and a beta of 0.50.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Friday, July 11th. Science Applications International's payout ratio is 20.76%.

Insider Activity at Science Applications International

In other news, Director Garth Graham acquired 215 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The stock was bought at an average price of $116.75 per share, with a total value of $25,101.25. Following the acquisition, the director now owns 7,159 shares in the company, valued at $835,813.25. The trade was a 3.10% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Toni Townes-Whitley bought 2,000 shares of Science Applications International stock in a transaction dated Friday, March 28th. The stock was acquired at an average price of $111.67 per share, with a total value of $223,340.00. Following the purchase, the chief executive officer now directly owns 45,183 shares of the company's stock, valued at approximately $5,045,585.61. This represents a 4.63% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 2,660 shares of company stock worth $298,773. 0.44% of the stock is owned by company insiders.

Institutional Trading of Science Applications International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Truist Financial Corp raised its position in shares of Science Applications International by 6.4% in the fourth quarter. Truist Financial Corp now owns 3,850 shares of the information technology services provider's stock worth $430,000 after buying an additional 233 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Science Applications International in the 4th quarter worth $1,629,000. Bank of New York Mellon Corp raised its position in shares of Science Applications International by 6.4% during the 4th quarter. Bank of New York Mellon Corp now owns 523,326 shares of the information technology services provider's stock valued at $58,497,000 after buying an additional 31,374 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Science Applications International during the 4th quarter valued at $1,649,000. Finally, Jones Financial Companies Lllp grew its position in Science Applications International by 32.3% in the fourth quarter. Jones Financial Companies Lllp now owns 639 shares of the information technology services provider's stock worth $71,000 after acquiring an additional 156 shares in the last quarter. 76.00% of the stock is currently owned by 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.