Science Applications International (NYSE:SAIC) Issues FY25 Earnings Guidance

Science Applications International (NYSE:SAIC) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $8.10-$8.30 for the period, compared to the consensus estimate of $8.07. The company issued revenue guidance of $7.35-$7.50 billion, compared to the consensus revenue estimate of $7.43 billion. Science Applications International also updated its FY 2025 guidance to 8.100-8.300 EPS.

Analyst Ratings Changes

Several research firms have commented on SAIC. StockNews.com raised shares of Science Applications International from a hold rating to a buy rating in a research note on Friday. JPMorgan Chase & Co. upped their target price on Science Applications International from $132.00 to $150.00 and gave the company a neutral rating in a research note on Friday. Citigroup increased their target price on Science Applications International from $155.00 to $160.00 and gave the stock a buy rating in a research report on Friday. TD Cowen lifted their price target on Science Applications International from $145.00 to $155.00 and gave the company a buy rating in a report on Friday. Finally, Truist Financial increased their price objective on shares of Science Applications International from $125.00 to $135.00 and gave the stock a hold rating in a report on Friday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of $138.29.

Science Applications International Trading Down 1.6 %

Shares of SAIC stock opened at $133.15 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.13. Science Applications International has a fifty-two week low of $104.26 and a fifty-two week high of $145.17. The firm’s 50 day moving average price is $123.03 and its two-hundred day moving average price is $127.29. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 15.59 and a beta of 0.70.

Science Applications International (NYSE:SAIC) last posted its earnings results on Thursday, September 5th. The information technology services provider reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.19. Science Applications International had a net margin of 6.28% and a return on equity of 22.56%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the previous year, the business posted $2.05 EPS. The business’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts anticipate that Science Applications International will post 8.06 EPS for the current year.

Science Applications International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 11th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $1.48 annualized dividend and a dividend yield of 1.11%. Science Applications International’s payout ratio is currently 17.33%.

Insiders Place Their Bets

In other news, EVP Michelle A. O’hara acquired 1,000 shares of the company’s stock in a transaction dated Friday, July 12th. The shares were bought at an average price of $118.00 per share, for a total transaction of $118,000.00. Following the completion of the purchase, the executive vice president now directly owns 33,497 shares of the company’s stock, valued at approximately $3,952,646. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Science Applications International news, EVP Michelle A. O’hara bought 1,000 shares of the stock in a transaction dated Friday, July 12th. The stock was bought at an average cost of $118.00 per share, for a total transaction of $118,000.00. Following the completion of the purchase, the executive vice president now directly owns 33,497 shares of the company’s stock, valued at $3,952,646. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Vincent P. Difronzo bought 215 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were acquired at an average cost of $116.72 per share, for a total transaction of $25,094.80. Following the completion of the transaction, the executive vice president now owns 2,267 shares of the company’s stock, valued at approximately $264,604.24. The disclosure for this purchase can be found here. Insiders purchased a total of 3,715 shares of company stock worth $430,207 in the last 90 days. 0.67% of the stock is owned by company 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.