Science Applications International (NYSE:SAIC - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, March 17th. Analysts expect Science Applications International to post earnings of $2.00 per share and revenue of $1.81 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
Science Applications International Stock Down 5.5 %
Shares of NYSE SAIC traded down $6.17 during midday trading on Tuesday, hitting $105.34. The stock had a trading volume of 427,211 shares, compared to its average volume of 707,763. The business's 50 day moving average is $108.05 and its 200-day moving average is $123.78. Science Applications International has a 52 week low of $94.68 and a 52 week 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 company has a market cap of $5.15 billion, a P/E ratio of 17.77 and a beta of 0.66.
Science Applications International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a $0.37 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.48 annualized dividend and a yield of 1.41%. Science Applications International's dividend payout ratio (DPR) is presently 24.96%.
Analyst Ratings Changes
A number of research firms have commented on SAIC. UBS Group assumed coverage on Science Applications International in a report on Monday, December 2nd. They issued a "neutral" rating and a $134.00 target price for the company. StockNews.com upgraded Science Applications International from a "buy" rating to a "strong-buy" rating in a report on Wednesday, December 18th. TD Cowen cut shares of Science Applications International from a "buy" rating to a "hold" rating and lowered their target price for the company from $155.00 to $120.00 in a research note on Wednesday, January 8th. JPMorgan Chase & Co. reduced their price target on shares of Science Applications International from $170.00 to $148.00 and set an "overweight" rating for the company in a research note on Friday, December 6th. Finally, The Goldman Sachs Group decreased their price objective on shares of Science Applications International from $124.00 to $103.00 and set a "sell" rating for the company in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Science Applications International currently has a consensus rating of "Hold" and a consensus price target of $136.11.
Read Our Latest Research Report on Science Applications International
Insider Buying and Selling at Science Applications International
In related news, EVP Barbara Supplee purchased 425 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was acquired at an average price of $116.36 per share, with a total value of $49,453.00. Following the completion of the acquisition, the executive vice president now owns 3,579 shares of the company's stock, valued at approximately $416,452.44. This trade represents a 13.47 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Katharina G. Mcfarland sold 3,239 shares of the firm's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $117.70, for a total value of $381,230.30. Following the completion of the transaction, the director now directly owns 6,864 shares in the company, valued at $807,892.80. This trade represents a 32.06 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.
Science Applications International Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Science Applications International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Science Applications International wasn't on the list.
While Science Applications International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
