Science Applications International Corporation (SAIC) Earns Daily News Sentiment Score of 0.11
News headlines about Science Applications International Corporation (NYSE:SAIC) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Science Applications International Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the information technology services provider an impact score of 45.7300724516918 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- 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)
- Corporate News Blog – Science Applications International Awarded $48 Million Task Order by the National Institute of Mental Health (finance.yahoo.com)
- BAE completes ACV final delivery, SAIC sticks to amended schedule – Inside Defense (subscription) (insidedefense.com)
SAIC has been the topic of several research analyst reports. BidaskClub cut Science Applications International Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Cowen and Company reaffirmed a “hold” rating and set a $75.00 target price on shares of Science Applications International Corporation in a research note on Monday, May 15th. Jefferies Group LLC cut Science Applications International Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Zacks Investment Research cut Science Applications International Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 8th. Finally, Wells Fargo & Company reiterated a “market perform” rating and set a $75.00 price target (down from $80.00) on shares of Science Applications International Corporation in a report on Tuesday, June 13th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Science Applications International Corporation currently has a consensus rating of “Hold” and a consensus price target of $81.63.
Shares of Science Applications International Corporation (SAIC) traded up 0.06% during midday trading on Friday, hitting $69.30. The stock had a trading volume of 198,810 shares. The company has a market capitalization of $3.03 billion, a PE ratio of 19.30 and a beta of 1.65. The firm’s 50-day moving average is $70.64 and its 200 day moving average is $76.94. Science Applications International Corporation has a one year low of $60.34 and a one year high of $89.87.
Science Applications International Corporation (NYSE:SAIC) last posted its quarterly earnings results on Monday, June 12th. The information technology services provider reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.04. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. Science Applications International Corporation had a return on equity of 47.08% and a net margin of 3.78%. The business’s revenue was down 9.2% compared to the same quarter last year. During the same period last year, the company earned $0.80 earnings per share. Equities analysts expect that Science Applications International Corporation will post $3.79 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Friday, July 14th were paid a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $1.24 dividend on an annualized basis and a yield of 1.79%. Science Applications International Corporation’s dividend payout ratio is 34.54%.
In other Science Applications International Corporation news, insider Douglas Martin Wagoner sold 30,072 shares of the firm’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $68.95, for a total value of $2,073,464.40. Following the completion of the transaction, the insider now directly owns 8,859 shares in the company, valued at $610,828.05. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 44,472 shares of company stock valued at $3,119,732. Corporate 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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