Science Applications International Co. (NYSE:SAIC – Get Rating) – Investment analysts at Jefferies Financial Group dropped their FY2025 earnings per share estimates for Science Applications International in a report issued on Thursday, November 17th. Jefferies Financial Group analyst S. Kahyaoglu now anticipates that the information technology services provider will post earnings of $7.85 per share for the year, down from their prior estimate of $8.40. Jefferies Financial Group currently has a “Hold” rating and a $110.00 price target on the stock. The consensus estimate for Science Applications International’s current full-year earnings is $7.11 per share.
Separately, StockNews.com initiated coverage on Science Applications International in a report on Wednesday, October 12th. They set a “buy” rating for the company. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $106.43.
Science Applications International Price Performance
NYSE:SAIC opened at $105.57 on Friday. Science Applications International has a 52-week low of $78.10 and a 52-week high of $113.03. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.95 and a current ratio of 1.07. The company has a market cap of $5.82 billion, a P/E ratio of 23.10 and a beta of 0.75. The stock’s 50-day simple moving average is $98.17 and its 200 day simple moving average is $93.09.
Science Applications International (NYSE:SAIC – Get Rating) last released its earnings results on Thursday, September 1st. The information technology services provider reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.07. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.82 billion. Science Applications International had a return on equity of 24.18% and a net margin of 3.46%. Science Applications International’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.97 earnings per share.
Institutional Investors Weigh In On Science Applications International
A number of institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its holdings in shares of Science Applications International by 0.6% during the third quarter. Thrivent Financial for Lutherans now owns 14,738 shares of the information technology services provider’s stock worth $1,303,000 after acquiring an additional 94 shares during the period. Pearl River Capital LLC boosted its holdings in shares of Science Applications International by 3.2% during the third quarter. Pearl River Capital LLC now owns 3,651 shares of the information technology services provider’s stock worth $323,000 after acquiring an additional 113 shares during the period. Great Valley Advisor Group Inc. boosted its holdings in shares of Science Applications International by 2.5% during the third quarter. Great Valley Advisor Group Inc. now owns 5,130 shares of the information technology services provider’s stock worth $454,000 after acquiring an additional 123 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Science Applications International by 5.1% during the second quarter. Captrust Financial Advisors now owns 2,654 shares of the information technology services provider’s stock worth $247,000 after acquiring an additional 128 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of Science Applications International by 2.4% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,942 shares of the information technology services provider’s stock worth $640,000 after acquiring an additional 162 shares during the period. Institutional investors own 75.26% of the company’s stock.
Science Applications International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 28th. Stockholders of record on Friday, October 14th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Thursday, October 13th. Science Applications International’s dividend payout ratio is presently 32.39%.
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 engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; 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 cloud migration, managed services, infrastructure modernization, and enterprise IT-as-a-service solutions.
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