Science Applications International (NASDAQ:SAIC) Sets New 12-Month Low – Here’s What Happened

Shares of Science Applications International Corporation (NASDAQ:SAICGet Free Report) hit a new 52-week low on Friday . The stock traded as low as $93.05 and last traded at $93.73, with a volume of 122830 shares traded. The stock had previously closed at $100.64.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Science Applications International in a report on Saturday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Science Applications International has an average rating of “Hold”.

Check Out Our Latest Research Report on SAIC

Science Applications International Stock Down 6.5%

The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.22. The company’s 50-day moving average is $105.12. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 11.39 and a beta of 0.44.

Science Applications International (NASDAQ:SAICGet Free Report) last posted its quarterly earnings data on Monday, December 6th. The company reported $1.62 EPS for the quarter. Science Applications International had a return on equity of 33.36% and a net margin of 5.35%.The firm had revenue of $1.82 billion during the quarter.

Science Applications International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 24th. Investors of record on Friday, October 10th were given a dividend of $0.37 per share. The ex-dividend date was Friday, October 10th. This represents a $1.48 dividend on an annualized basis and a yield of 1.6%. Science Applications International’s payout ratio is presently 17.92%.

Science Applications International Company Profile

(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 engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; 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 cloud migration, managed services, infrastructure modernization, and enterprise IT-as-a-service solutions.

Further Reading

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