News stories about SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the information technology services provider an impact score of 45.2933585356958 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Stock to Hold: Science Applications International Corporation (SAIC) – Street Observer (press release) (streetobserver.com)
- Science Applications International Corporation (SAIC) noted a price change of -0.62% and Diodes Incorporated (DIOD … – Stocks Gallery (stocksgallery.com)
- SAIC Lands Task Order for Continued IT Support to NIMH; Bob Genter Comments (govconwire.com)
- SAIC Schedules Second Quarter Fiscal Year 2018 Earnings Release and Conference Call for September 7 at 5 pm … – SYS-CON Media (press release) (news.sys-con.com)
- SAIC Schedules Second Quarter Fiscal Year 2018 Earnings Release and Conference Call for September 7 at 5 p.m. Eastern Time (finance.yahoo.com)
Several equities research analysts recently commented on SAIC shares. Zacks Investment Research raised shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research report on Thursday, June 1st. Cowen and Company reaffirmed a “hold” rating and issued a $75.00 price objective on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Friday, May 5th. BidaskClub cut shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. ValuEngine cut shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Finally, Wells Fargo & Company reiterated a “market perform” rating and issued a $75.00 price target (down from $80.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research note on Tuesday, June 13th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $81.63.
Shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) opened at 69.30 on Friday. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 19.30 and a beta of 1.65. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has a 52 week low of $60.34 and a 52 week high of $89.87. The firm has a 50-day moving average of $70.64 and a 200 day moving average of $76.94.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) last released its quarterly earnings data on Monday, June 12th. The information technology services provider reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.04. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a net margin of 3.78% and a return on equity of 47.08%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the firm earned $0.80 earnings per share. The business’s quarterly revenue was down 9.2% compared to the same quarter last year. On average, equities analysts predict that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post $3.79 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Friday, July 14th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date was Wednesday, July 12th. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION’s dividend payout ratio (DPR) is 34.54%.
In other SCIENCE APPLICATIONS INTERNATIONAL CORPORATION news, insider Douglas Martin Wagoner sold 1,524 shares of the firm’s stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $71.58, for a total value of $109,087.92. Following the transaction, the insider now directly owns 106,147 shares of the company’s stock, valued at $7,598,002.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 44,472 shares of company stock worth $3,119,732 over the last ninety days. Insiders own 2.28% of the company’s stock.
About SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.
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