Science Applications International (NASDAQ:SAIC) Stock Price Down 10.5% – Time to Sell?

Science Applications International Corporation (NASDAQ:SAIC) shares were down 10.5% on Wednesday . The stock traded as low as $87.50 and last traded at $87.64. Approximately 669,407 shares traded hands during trading, an increase of 27% from the average daily volume of 529,131 shares. The stock had previously closed at $97.92.

Analyst Ratings Changes

Several research firms have commented on SAIC. Zacks Research lowered Science Applications International from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Science Applications International in a research report on Monday, December 29th. Finally, Citigroup upgraded Science Applications International to a “strong-buy” rating in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Science Applications International Trading Up 3.8%

The company has a debt-to-equity ratio of 1.64, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $3.91 billion, a PE ratio of 11.08 and a beta of 0.28. The company’s 50 day moving average price is $102.68 and its 200 day moving average price is $102.06.

Science Applications International (NASDAQ:SAIC) last posted its quarterly earnings data on Thursday, December 4th. The company reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.51. The business had revenue of $1.87 billion for the quarter. Science Applications International had a return on equity of 33.19% and a net margin of 5.05%.

About Science Applications International

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.