Science Applications International Co. (NYSE:SAIC) Receives $115.10 Consensus Target Price from Brokerages

Shares of Science Applications International Co. (NYSE:SAIC) have received an average recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $115.10.

SAIC has been the subject of several research reports. Jefferies Financial Group lowered their price objective on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, September 10th. Truist Financial boosted their price objective on shares of Science Applications International from $100.00 to $110.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. UBS Group decreased their price target on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $115.00 price target (down from $140.00) on shares of Science Applications International in a research report on Monday, September 8th. Finally, Stifel Nicolaus decreased their price target on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research report on Friday, September 5th.

Institutional Trading of Science Applications International

Institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Science Applications International by 324.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock worth $28,000 after purchasing an additional 188 shares during the period. Rakuten Securities Inc. lifted its holdings in Science Applications International by 1,915.4% in the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock worth $30,000 after buying an additional 249 shares in the last quarter. US Bancorp DE lifted its holdings in Science Applications International by 38.5% in the 1st quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock worth $36,000 after buying an additional 90 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Science Applications International by 43.2% in the 1st quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock worth $36,000 after buying an additional 98 shares in the last quarter. Finally, True Wealth Design LLC lifted its holdings in Science Applications International by 315.5% in the 2nd quarter. True Wealth Design LLC now owns 349 shares of the information technology services provider’s stock worth $39,000 after buying an additional 265 shares in the last quarter. 76.00% of the stock is owned by hedge funds and other institutional investors.

Science Applications International Stock Up 0.7%

Shares of NYSE SAIC opened at $97.51 on Thursday. Science Applications International has a 52-week low of $94.68 and a 52-week high of $156.34. The firm has a fifty day moving average of $107.03 and a 200-day moving average of $111.61. The stock has a market capitalization of $4.49 billion, a PE ratio of 16.44 and a beta of 0.44. 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) last announced its quarterly earnings data on Thursday, September 4th. The information technology services provider reported $3.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $1.38. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the previous year, the company earned $2.05 EPS. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. On average, analysts anticipate that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, October 10th. Science Applications International’s dividend payout ratio is 17.92%.

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.