What is Zacks Research’s Forecast for SAIC Q3 Earnings?

Science Applications International Corporation (NASDAQ:SAIC) – Stock analysts at Zacks Research cut their Q3 2027 earnings per share (EPS) estimates for shares of Science Applications International in a report released on Monday, September 21st. Zacks Research analyst Team now expects that the company will post earnings per share of $2.30 for the quarter, down from their prior forecast of $2.42. The consensus estimate for Science Applications International’s current full-year earnings is $10.78 per share. Zacks Research also issued estimates for Science Applications International’s Q4 2027 earnings at $2.16 EPS, FY2027 earnings at $10.70 EPS, Q1 2028 earnings at $2.65 EPS, Q2 2028 earnings at $2.64 EPS, Q3 2028 earnings at $2.75 EPS, FY2028 earnings at $10.74 EPS, Q1 2029 earnings at $2.84 EPS, Q2 2029 earnings at $2.85 EPS and FY2029 earnings at $11.70 EPS.

Science Applications International (NASDAQ:SAIC) last issued its quarterly earnings results on Monday, August 31st. The company reported $3.01 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.70. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.76 billion. Science Applications International had a return on equity of 34.68% and a net margin of 5.13%.The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.63 earnings per share.

Several other research firms also recently commented on SAIC. JPMorgan Chase & Co. lifted their price objective on shares of Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Wall Street Zen lowered Science Applications International from a “strong-buy” rating to a “buy” rating in a report on Saturday. UBS Group raised their price objective on Science Applications International from $108.00 to $123.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 1st. Weiss Ratings raised Science Applications International from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Finally, Truist Financial upped their target price on Science Applications International from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Tuesday, September 1st. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Science Applications International presently has a consensus rating of “Hold” and a consensus price target of $125.22.

Science Applications International Stock Up 0.1%

SAIC stock opened at $133.30 on Tuesday. The stock has a market capitalization of $5.59 billion, a PE ratio of 15.59 and a beta of 0.30. Science Applications International has a 52 week low of $81.08 and a 52 week high of $142.66. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.71. The firm has a 50 day moving average of $124.21 and a 200 day moving average of $109.13.

Institutional Investors Weigh In On Science Applications International

Several hedge funds have recently bought and sold shares of the stock. MAC Alpha Capital Management LP increased its holdings in Science Applications International by 43.8% in the second quarter. MAC Alpha Capital Management LP now owns 174,892 shares of the company’s stock valued at $19,311,000 after buying an additional 53,277 shares in the last quarter. Tidal Investments LLC raised its stake in shares of Science Applications International by 9.4% during the 2nd quarter. Tidal Investments LLC now owns 10,449 shares of the company’s stock worth $1,154,000 after buying an additional 900 shares during the period. Engineers Gate Manager LP acquired a new stake in Science Applications International in the 2nd quarter valued at $1,607,000. Baird Financial Group Inc. raised its position in Science Applications International by 52.9% during the second quarter. Baird Financial Group Inc. now owns 20,542 shares of the company’s stock worth $2,268,000 after acquiring an additional 7,107 shares during the period. Finally, Allworth Financial LP lifted its holdings in Science Applications International by 10.3% during the second quarter. Allworth Financial LP now owns 1,720 shares of the company’s stock valued at $190,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Science Applications International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, October 9th. Science Applications International’s dividend payout ratio (DPR) is 17.31%.

About Science Applications International

Science Applications International Corporation (SAIC) is a technology integrator and government services contractor that provides mission-critical solutions to the U.S. government. The company supports defense, intelligence, space, civilian, and federal law enforcement organizations with services designed to improve operational performance, modernize legacy systems, and address complex national security and public-sector challenges.

SAIC’s offerings include information technology modernization, cloud computing, cybersecurity, artificial intelligence and data analytics, digital engineering, software development, systems integration, and enterprise IT services.