Science Applications International (SAIC) Projected to Post Quarterly Earnings on Monday

Science Applications International (NYSE:SAIC) is anticipated to issue its quarterly earnings data before the market opens on Monday, June 2nd. Analysts expect the company to announce earnings of $2.17 per share and revenue of $1.87 billion for the quarter. Science Applications International has set its FY 2026 guidance at 9.100-9.300 EPS and its FY26 guidance at $9.10-9.30 EPS.

Science Applications International (NYSE:SAIC) last released its quarterly earnings data on Monday, March 17th. The information technology services provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.57. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.81 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 EPS. On average, analysts expect Science Applications International to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Science Applications International Stock Performance

Science Applications International stock opened at $114.35 on Friday. Science Applications International has a one year low of $94.68 and a one year high of $156.34. The firm has a market capitalization of $5.46 billion, a PE ratio of 19.28 and a beta of 0.55. The stock’s 50 day moving average price is $117.25 and its 200 day moving average price is $113.47. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87.

Science Applications International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Friday, July 11th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.29%. Science Applications International’s dividend payout ratio (DPR) is presently 20.58%.

Insider Buying and Selling at Science Applications International

In other news, Director Milford W. Mcguirt bought 500 shares of the company’s stock in a transaction dated Thursday, March 27th. The stock was bought at an average price of $110.58 per share, for a total transaction of $55,290.00. Following the completion of the transaction, the director now directly owns 6,841 shares in the company, valued at $756,477.78. The trade was a 7.89% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Toni Townes-Whitley acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average cost of $111.67 per share, with a total value of $223,340.00. Following the completion of the purchase, the chief executive officer now owns 45,183 shares of the company’s stock, valued at $5,045,585.61. This trade represents a 4.63% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 3,260 shares of company stock worth $365,037. 0.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Science Applications International

A number of institutional investors have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Science Applications International by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the information technology services provider’s stock worth $16,863,000 after purchasing an additional 7,816 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Science Applications International by 22.2% during the first quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the information technology services provider’s stock worth $16,454,000 after purchasing an additional 26,633 shares during the period. Empowered Funds LLC grew its stake in shares of Science Applications International by 93.2% during the first quarter. Empowered Funds LLC now owns 10,722 shares of the information technology services provider’s stock worth $1,204,000 after purchasing an additional 5,173 shares during the period. Finally, Focus Partners Wealth grew its stake in shares of Science Applications International by 3.3% during the first quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock worth $326,000 after purchasing an additional 94 shares during the period. 76.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on SAIC. UBS Group raised their target price on Science Applications International from $123.00 to $126.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 18th. Truist Financial cut their target price on Science Applications International from $135.00 to $115.00 and set a “hold” rating for the company in a research report on Tuesday, March 18th. Wells Fargo & Company cut their target price on Science Applications International from $148.00 to $132.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Jefferies Financial Group raised their target price on Science Applications International from $120.00 to $130.00 and gave the stock a “hold” rating in a research report on Thursday, May 15th. Finally, Cantor Fitzgerald upgraded Science Applications International to a “hold” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $131.20.

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.