Science Applications International (NYSE:SAIC) Announces Earnings Results, Beats Expectations By $0.51 EPS

Science Applications International (NYSE:SAIC) announced its quarterly earnings results on Thursday. The information technology services provider reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.51, Briefing.com reports. The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. Science Applications International’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.61 earnings per share. Science Applications International updated its FY 2026 guidance to 9.800-10.000 EPS.

Science Applications International Stock Down 0.0%

Shares of Science Applications International stock opened at $87.53 on Thursday. Science Applications International has a one year low of $84.15 and a one year high of $133.00. The company has a market cap of $4.03 billion, a P/E ratio of 14.76 and a beta of 0.30. 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 fifty day moving average of $93.30 and a two-hundred day moving average of $105.30.

Analyst Upgrades and Downgrades

SAIC has been the subject of several research reports. UBS Group reduced their target price on Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, September 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $115.00 price target (down previously from $140.00) on shares of Science Applications International in a research report on Monday, September 8th. Stifel Nicolaus reduced their price objective on Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Jefferies Financial Group decreased their price objective on Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group cut their target price on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a report on Monday, September 8th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $115.10.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new stake in Science Applications International in the 3rd quarter valued at approximately $69,000. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Science Applications International by 0.9% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 30,287 shares of the information technology services provider’s stock valued at $2,958,000 after buying an additional 272 shares during the period. Wexford Capital LP acquired a new stake in shares of Science Applications International in the 3rd quarter valued at approximately $29,000. Scientech Research LLC boosted its stake in shares of Science Applications International by 215.3% in the third quarter. Scientech Research LLC now owns 8,039 shares of the information technology services provider’s stock valued at $799,000 after buying an additional 5,489 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in Science Applications International during the third quarter worth $1,041,000. 76.00% of the stock is owned by hedge funds and other institutional investors.

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.