Science Applications International (NYSE:SAIC) Releases Quarterly Earnings Results, Beats Expectations By $0.57 EPS

Science Applications International (NYSE:SAIC - Get Free Report) posted its quarterly earnings results on Monday. The information technology services provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.57, Briefing.com reports. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the firm posted $1.43 EPS. Science Applications International's revenue was up 5.8% compared to the same quarter last year. Science Applications International updated its FY 2026 guidance to 9.100-9.300 EPS and its FY26 guidance to $9.10-9.30 EPS.

Science Applications International Stock Performance

Shares of NYSE:SAIC traded down $0.08 during midday trading on Friday, reaching $105.90. The company had a trading volume of 1,180,355 shares, compared to its average volume of 432,060. Science Applications International has a 52-week low of $94.68 and a 52-week high of $156.34. The company's 50 day moving average price is $107.21 and its 200 day moving average price is $122.67. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. The stock has a market cap of $5.18 billion, a P/E ratio of 17.86 and a beta of 0.66.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 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 1.40%. The ex-dividend date is Friday, April 11th. Science Applications International's payout ratio is 20.58%.

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Wall Street Analysts Forecast Growth

SAIC has been the topic of a number of analyst reports. UBS Group upped their target price on shares of Science Applications International from $123.00 to $126.00 and gave the stock a "neutral" rating in a report on Tuesday. The Goldman Sachs Group lowered their price objective on Science Applications International from $124.00 to $103.00 and set a "sell" rating for the company in a research note on Thursday, December 12th. Cantor Fitzgerald raised Science Applications International to a "hold" rating in a research report on Tuesday, February 25th. TD Cowen lowered Science Applications International from a "buy" rating to a "hold" rating and lowered their price target for the company from $155.00 to $120.00 in a research report on Wednesday, January 8th. Finally, StockNews.com raised shares of Science Applications International from a "buy" rating to a "strong-buy" rating in a report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $134.00.

Insider Buying and Selling

In other Science Applications International news, Director Katharina G. Mcfarland sold 3,239 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $117.70, for a total transaction of $381,230.30. Following the completion of the transaction, the director now directly owns 6,864 shares of the company's stock, valued at approximately $807,892.80. This represents a 32.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.67% of the stock is currently owned by corporate insiders.

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.