Science Applications International (NASDAQ:SAIC) Issues FY 2027 Earnings Guidance

Science Applications International (NASDAQ:SAICGet Free Report) issued an update on its FY 2027 earnings guidance on Monday morning. The company provided EPS guidance of 9.900-10.100 for the period. The company issued revenue guidance of $7.0 billion-$7.2 billion.

Science Applications International Stock Up 10.4%

Science Applications International stock opened at $115.08 on Tuesday. Science Applications International has a twelve month low of $81.08 and a twelve month high of $123.41. The stock’s fifty day simple moving average is $96.79 and its 200-day simple moving average is $96.91. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $5.00 billion, a P/E ratio of 14.96 and a beta of 0.28.

Science Applications International (NASDAQ:SAICGet Free Report) last posted its quarterly earnings data on Monday, June 1st. The company reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.97. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.82 billion. Science Applications International had a return on equity of 33.15% and a net margin of 4.93%.The company’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. As a group, equities analysts expect that Science Applications International will post 9.61 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th. Science Applications International’s dividend payout ratio (DPR) is 19.25%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SAIC. Truist Financial cut their target price on Science Applications International from $110.00 to $95.00 and set a “hold” rating on the stock in a research report on Tuesday, March 17th. The Goldman Sachs Group decreased their price objective on shares of Science Applications International from $94.00 to $82.00 and set a “sell” rating for the company in a research note on Thursday, February 12th. JPMorgan Chase & Co. decreased their price objective on shares of Science Applications International from $125.00 to $110.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Wall Street Zen downgraded shares of Science Applications International from a “buy” rating to a “hold” rating in a research note on Sunday, April 12th. Finally, BNP Paribas Exane initiated coverage on shares of Science Applications International in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $109.20.

Get Our Latest Stock Analysis on SAIC

Key Stories Impacting Science Applications International

Here are the key news stories impacting Science Applications International this week:

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. increased its stake in shares of Science Applications International by 20.2% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,951 shares of the company’s stock worth $264,429,000 after purchasing an additional 441,296 shares in the last quarter. Invesco Ltd. boosted its position in Science Applications International by 3.1% during the third quarter. Invesco Ltd. now owns 910,936 shares of the company’s stock worth $90,520,000 after acquiring an additional 27,548 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in Science Applications International during the second quarter worth approximately $31,271,000. Bragg Financial Advisors Inc boosted its position in Science Applications International by 0.6% during the second quarter. Bragg Financial Advisors Inc now owns 216,151 shares of the company’s stock worth $24,341,000 after acquiring an additional 1,298 shares during the last quarter. Finally, Barclays PLC boosted its position in Science Applications International by 185.2% during the fourth quarter. Barclays PLC now owns 186,317 shares of the company’s stock worth $18,755,000 after acquiring an additional 120,987 shares during the last quarter. 76.00% of the stock is owned by hedge funds and other institutional investors.

About Science Applications International

(Get Free Report)

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.

See Also

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

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