Free Trial

Zacks Research Issues Optimistic Outlook for SAIC Earnings

Science Applications International logo with Computer and Technology background
Remove Ads

Science Applications International Co. (NYSE:SAIC - Free Report) - Equities researchers at Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for Science Applications International in a research note issued on Monday, April 7th. Zacks Research analyst A. Bhagat now anticipates that the information technology services provider will post earnings of $2.17 per share for the quarter, up from their prior estimate of $2.11. 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 Q2 2026 earnings at $2.22 EPS, Q3 2026 earnings at $2.54 EPS, FY2026 earnings at $9.18 EPS, Q3 2027 earnings at $2.76 EPS and FY2028 earnings at $11.85 EPS.

A number of other equities research analysts have also recently commented on SAIC. TD Cowen cut Science Applications International from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $155.00 to $120.00 in a research note on Wednesday, January 8th. Cantor Fitzgerald upgraded shares of Science Applications International to a "hold" rating in a research report on Tuesday, February 25th. Truist Financial decreased their price target on shares of Science Applications International from $135.00 to $115.00 and set a "hold" rating for the company in a report on Tuesday, March 18th. UBS Group raised their price target on Science Applications International from $123.00 to $126.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 18th. Finally, Wells Fargo & Company cut their price objective on Science Applications International from $148.00 to $132.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $132.22.

Remove Ads

View Our Latest Stock Report on Science Applications International

Science Applications International Trading Up 0.5 %

NYSE:SAIC traded up $0.57 during trading hours on Wednesday, hitting $117.09. 160,061 shares of the stock were exchanged, compared to its average volume of 483,433. The company's 50 day moving average is $106.74 and its two-hundred day moving average is $119.69. The company has a market capitalization of $5.59 billion, a P/E ratio of 19.75 and a beta of 0.58. Science Applications International has a twelve month low of $94.68 and a twelve 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.

Science Applications International (NYSE:SAIC - Get Free Report) last issued its quarterly earnings results on Monday, March 17th. The information technology services provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.57. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.81 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The firm's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.43 EPS.

Institutional Trading of Science Applications International

A number of large investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new stake in shares of Science Applications International in the 4th quarter valued at about $28,000. Parallel Advisors LLC raised its stake in Science Applications International by 112.1% in the first quarter. Parallel Advisors LLC now owns 280 shares of the information technology services provider's stock valued at $31,000 after buying an additional 148 shares during the period. True Wealth Design LLC acquired a new stake in shares of Science Applications International in the fourth quarter valued at approximately $48,000. Kapitalo Investimentos Ltda bought a new position in shares of Science Applications International during the 4th quarter worth approximately $58,000. Finally, UMB Bank n.a. increased its holdings in shares of Science Applications International by 220.1% during the 1st quarter. UMB Bank n.a. now owns 557 shares of the information technology services provider's stock worth $63,000 after acquiring an additional 383 shares during the last quarter. Institutional investors and hedge funds own 76.00% of the company's stock.

Insider Activity

In related news, CEO Toni Townes-Whitley bought 2,000 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average price of $111.67 per share, with a total value of $223,340.00. Following the completion of the transaction, the chief executive officer now owns 45,183 shares in the company, valued at $5,045,585.61. The trade was a 4.63 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Milford W. Mcguirt purchased 500 shares of Science Applications International stock in a transaction that occurred on Thursday, March 27th. The shares were bought at an average cost of $110.58 per share, with a total value of $55,290.00. Following the completion of the transaction, the director now directly owns 6,841 shares of the company's stock, valued at approximately $756,477.78. The trade was a 7.89 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 3,045 shares of company stock worth $339,935 over the last ninety days. Insiders own 0.67% of the company's stock.

Science Applications International Announces Dividend

The firm also recently declared 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. The ex-dividend date is Friday, April 11th. This represents a $1.48 annualized dividend and a dividend yield of 1.26%. Science Applications International's dividend payout ratio is currently 20.58%.

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.

Read More

Earnings History and Estimates for Science Applications International (NYSE:SAIC)

Should You Invest $1,000 in Science Applications International Right Now?

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

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

5 International Stocks to Escape U.S. Market Volatility

5 International Stocks to Escape U.S. Market Volatility

MarketBeat’s Chris Markoch shares 5 international stock picks that could offer protection—and potential opportunity—amid the current market uncertainty.

Related Videos

Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads