Zacks Research Analysts Lift Earnings Estimates for SAIC

Science Applications International Co. (NYSE:SAIC - Free Report) - Research analysts at Zacks Research increased their Q4 2026 EPS estimates for shares of Science Applications International in a research note issued on Monday, April 7th. Zacks Research analyst A. Bhagat now expects that the information technology services provider will post earnings per share of $2.25 for the quarter, up from their previous forecast of $2.18. 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 Q1 2027 earnings at $2.41 EPS, Q2 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.54 EPS and FY2027 earnings at $10.16 EPS.

Science Applications International (NYSE:SAIC - Get Free Report) last announced its earnings results on Monday, March 17th. 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. The company had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.81 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%. Science Applications International's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 earnings per share.

Other equities analysts have also issued reports about the company. UBS Group increased their price objective on Science Applications International from $123.00 to $126.00 and gave the company a "neutral" rating in a report on Tuesday, March 18th. StockNews.com raised shares of Science Applications International from a "buy" rating to a "strong-buy" rating in a report on Wednesday, December 18th. Truist Financial reduced their target price on shares of Science Applications International from $135.00 to $115.00 and set a "hold" rating for the company in a research note on Tuesday, March 18th. Wells Fargo & Company reduced their price objective on shares of Science Applications International from $148.00 to $132.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, TD Cowen cut Science Applications International from a "buy" rating to a "hold" rating and reduced their price target for the company from $155.00 to $120.00 in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Science Applications International has a consensus rating of "Hold" and an average target price of $131.33.

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Science Applications International Stock Down 0.6 %

NYSE:SAIC traded down $0.76 on Thursday, hitting $116.79. The stock had a trading volume of 152,562 shares, compared to its average volume of 484,453. Science Applications International has a 1 year low of $94.68 and a 1 year high of $156.34. The firm's fifty day simple moving average is $106.95 and its two-hundred day simple moving average is $119.55. The stock has a market cap of $5.58 billion, a P/E ratio of 19.69 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87.

Science Applications International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.48 dividend on an annualized basis and a yield of 1.27%. Science Applications International's dividend payout ratio is currently 20.58%.

Insider Buying and Selling at Science Applications International

In other news, Director Milford W. Mcguirt bought 500 shares of Science Applications International stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of $110.58 per share, with a total value of $55,290.00. Following the completion of the purchase, the director now owns 6,841 shares in the company, valued at $756,477.78. The trade was a 7.89 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Garth Graham bought 215 shares of the stock in a transaction dated Monday, April 14th. The shares were bought at an average cost of $116.75 per share, with a total value of $25,101.25. Following the completion of the purchase, the director now directly owns 7,159 shares of the company's stock, valued at approximately $835,813.25. This trade represents a 3.10 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 3,260 shares of company stock worth $365,037. Company insiders own 0.67% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Xponance Inc. lifted its stake in Science Applications International by 1.5% during the 4th quarter. Xponance Inc. now owns 6,869 shares of the information technology services provider's stock valued at $768,000 after acquiring an additional 99 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in Science Applications International by 4.8% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 2,186 shares of the information technology services provider's stock worth $244,000 after purchasing an additional 100 shares during the period. Mariner LLC lifted its holdings in Science Applications International by 2.8% in the fourth quarter. Mariner LLC now owns 3,875 shares of the information technology services provider's stock valued at $433,000 after acquiring an additional 106 shares during the period. Pictet Asset Management Holding SA increased its stake in shares of Science Applications International by 2.1% in the 4th quarter. Pictet Asset Management Holding SA now owns 7,029 shares of the information technology services provider's stock valued at $786,000 after purchasing an additional 142 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of 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 purchasing an additional 148 shares during the period. 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.