Analysts Set Science Applications International Co. (NYSE:SAIC) PT at $117.70

Science Applications International Co. (NYSE:SAIC) has earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $117.70.

Several research analysts have recently issued reports on SAIC shares. UBS Group upped their price target on shares of Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. JPMorgan Chase & Co. upped their target price on Science Applications International from $115.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Finally, Citigroup increased their target price on Science Applications International from $122.00 to $133.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th.

Insider Activity

In other Science Applications International news, CEO James Reagan purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was purchased at an average price of $100.17 per share, with a total value of $100,170.00. Following the completion of the purchase, the chief executive officer owned 26,460 shares of the company’s stock, valued at approximately $2,650,498.20. The trade was a 3.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Science Applications International by 61.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 15,802 shares of the information technology services provider’s stock worth $1,874,000 after acquiring an additional 6,011 shares in the last quarter. Integrated Quantitative Investments LLC bought a new stake in shares of Science Applications International during the second quarter valued at approximately $391,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Science Applications International by 13.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 180,253 shares of the information technology services provider’s stock valued at $18,229,000 after acquiring an additional 21,124 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its position in shares of Science Applications International by 161.1% during the second quarter. Focus Partners Advisor Solutions LLC now owns 7,674 shares of the information technology services provider’s stock worth $864,000 after purchasing an additional 4,735 shares during the period. Finally, LBP AM SA lifted its holdings in shares of Science Applications International by 136.3% in the 2nd quarter. LBP AM SA now owns 62,491 shares of the information technology services provider’s stock worth $7,037,000 after purchasing an additional 36,045 shares in the last quarter. Institutional investors and hedge funds own 76.00% of the company’s stock.

Science Applications International Trading Down 5.2%

SAIC opened at $104.38 on Friday. The company has a market cap of $4.71 billion, a P/E ratio of 17.60 and a beta of 0.28. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. The company’s 50 day moving average is $100.38 and its 200-day moving average is $103.59. Science Applications International has a 1-year low of $84.15 and a 1-year high of $124.11.

Science Applications International (NYSE:SAIC) last released its quarterly earnings data on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.51. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the prior year, the company earned $2.61 EPS. The firm’s quarterly revenue was down 5.6% compared to the same quarter last year. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. Equities research analysts predict that Science Applications International will post 8.27 earnings per share for the current fiscal year.

Science Applications International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, January 14th. Science Applications International’s dividend payout ratio is 18.93%.

About Science Applications International

Science Applications International Corp. (NYSE: SAIC) is an American technology integrator that delivers a broad range of engineering, systems integration and information technology (IT) services primarily to U.S. government clients. Founded in 1969 by J. Robert Beyster, the company has built a reputation for supporting defense, intelligence, federal civilian, health and energy agencies with specialized solutions that address mission-critical requirements. SAIC’s offerings span the full lifecycle of complex programs, from concept and design through development, deployment and sustainment.

The company’s core capabilities include systems engineering and integration, enterprise IT modernization, cloud computing, cybersecurity, data analytics and artificial intelligence.