Science Applications International (NYSE:SAIC) Announces Quarterly Earnings Results

Science Applications International (NYSE:SAICGet Free Report) announced its quarterly earnings data 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 return on equity of 24.18% and a net margin of 4.11%. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Science Applications International’s revenue for the quarter 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 opened at $111.90 on Tuesday. The stock has a fifty day moving average price of $107.40 and a two-hundred day moving average price of $122.98. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market cap of $5.47 billion, a P/E ratio of 18.87 and a beta of 0.66. Science Applications International has a 1 year low of $94.68 and a 1 year high of $156.34.

Science Applications International Dividend Announcement

The company also recently declared 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. This represents a $1.48 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Friday, April 11th. Science Applications International’s payout ratio is currently 24.96%.

Analysts Set New Price Targets

Several analysts have issued reports on SAIC shares. The Goldman Sachs Group cut their price objective on Science Applications International from $124.00 to $103.00 and set a “sell” rating on the stock in a research note on Thursday, December 12th. TD Cowen cut Science Applications International from a “buy” rating to a “hold” rating and dropped their price target for the stock from $155.00 to $120.00 in a research report on Wednesday, January 8th. UBS Group started coverage on Science Applications International in a research report on Monday, December 2nd. They set a “neutral” rating and a $134.00 price target on the stock. Cantor Fitzgerald upgraded Science Applications International to a “hold” rating in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company dropped their price target on Science Applications International from $149.00 to $139.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Science Applications International has a consensus rating of “Hold” and an average price target of $136.11.

Check Out Our Latest Report on Science Applications International

Insider Buying and Selling at Science Applications International

In other 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 sale, the director now owns 6,864 shares in the company, valued at approximately $807,892.80. This represents a 32.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

About Science Applications International

(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.

See Also

Earnings History for Science Applications International (NYSE:SAIC)

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