Analysts Set Science Applications International Corporation (NASDAQ:SAIC) PT at $115.22

Science Applications International Corporation (NASDAQ:SAIC) has received an average recommendation of “Hold” from the eleven brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $115.2222.

Several brokerages have recently issued reports on SAIC. Citigroup upped their price target on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Wall Street Zen raised Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. boosted their price objective on Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Weiss Ratings upgraded shares of Science Applications International from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, BNP Paribas Exane started coverage on shares of Science Applications International in a report on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price target on the stock.

Science Applications International Stock Up 0.0%

Shares of NASDAQ:SAIC opened at $126.68 on Wednesday. The company has a 50 day moving average price of $114.62 and a two-hundred day moving average price of $102.66. Science Applications International has a 52 week low of $81.08 and a 52 week high of $128.00. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $5.36 billion, a PE ratio of 14.27 and a beta of 0.28.

Science Applications International (NASDAQ:SAIC) last issued its quarterly earnings results on Monday, June 1st. The company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.26 by $0.97. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the firm posted $1.42 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Analysts forecast that Science Applications International will post 10.01 earnings per share for the current year.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.48 annualized dividend and a yield of 1.2%. Science Applications International’s payout ratio is 16.67%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SAIC. Los Angeles Capital Management LLC bought a new position in Science Applications International in the 4th quarter valued at approximately $25,000. Transamerica Financial Advisors LLC boosted its position in shares of Science Applications International by 477.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock worth $26,000 after acquiring an additional 215 shares during the last quarter. Rakuten Securities Inc. raised its holdings in shares of Science Applications International by 1,915.4% during the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock worth $30,000 after acquiring an additional 249 shares in the last quarter. Wexford Capital LP purchased a new stake in Science Applications International during the third quarter valued at approximately $29,000. Finally, Global Retirement Partners LLC purchased a new position in shares of Science Applications International during the 4th quarter worth about $35,000. 76.00% of the stock is currently owned by institutional investors.

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.