Zacks Research Issues Pessimistic Outlook for SAIC Earnings

Key Points

• Zacks Research revised its Q3 2026 earnings estimate for Science Applications International Co. from $2.58 to $2.09 per share, indicating a negative outlook for the company's earnings.
• In its last earnings report, Science Applications International reported $3.63 EPS, outperforming expectations but experiencing a revenue decline of 2.7% compared to the same quarter last year.
• Analysts have decreased their price targets for SAIC shares, with a consensus rating of "Hold" and an average price target of $120.64.

Science Applications International Co. (NYSE:SAIC - Free Report) - Analysts at Zacks Research cut their Q3 2026 earnings estimates for shares of Science Applications International in a research report issued on Wednesday, September 24th. Zacks Research analyst Team now expects that the information technology services provider will post earnings of $2.09 per share for the quarter, down from their prior forecast of $2.58. 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 Q4 2026 earnings at $1.94 EPS, Q3 2027 earnings at $2.42 EPS, FY2027 earnings at $9.27 EPS and FY2028 earnings at $10.86 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 EPS for the quarter, topping analysts' consensus estimates of $2.25 by $1.38. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. Science Applications International's revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.05 earnings per share. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS.

SAIC has been the topic of a number of other reports. UBS Group reduced their price objective on shares of Science Applications International from $111.00 to $110.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $115.00 price objective (down previously from $140.00) on shares of Science Applications International in a research note on Monday, September 8th. Stifel Nicolaus cut their target price 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. Jefferies Financial Group reduced their price target on shares of Science Applications International from $130.00 to $115.00 and set a "hold" rating for the company in a report on Wednesday, September 10th. Finally, Truist Financial upped their price objective on shares of Science Applications International from $100.00 to $110.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Science Applications International presently has an average rating of "Hold" and a consensus price target of $120.64.

Science Applications International Price Performance

Shares of SAIC opened at $97.20 on Friday. The business has a 50-day moving average of $111.83 and a 200-day moving average of $112.75. 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 company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 16.39 and a beta of 0.49. Science Applications International has a 1 year low of $94.68 and a 1 year high of $156.34.

Science Applications International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Investors 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 yield of 1.5%. The ex-dividend date of this dividend is Friday, October 10th. Science Applications International's dividend payout ratio is presently 17.92%.

Institutional Trading of Science Applications International

Institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Science Applications International by 324.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider's stock valued at $28,000 after purchasing an additional 188 shares in the last quarter. Rakuten Securities Inc. lifted its position in shares of Science Applications International by 1,915.4% during the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider's stock worth $30,000 after buying an additional 249 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Science Applications International by 112.1% during the first quarter. Parallel Advisors LLC now owns 280 shares of the information technology services provider's stock valued at $31,000 after acquiring an additional 148 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Science Applications International by 43.2% during the first quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider's stock worth $36,000 after acquiring an additional 98 shares during the period. Finally, US Bancorp DE boosted its position in Science Applications International by 38.5% in the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider's stock worth $36,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 76.00% of the company's stock.

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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