Science Applications International (NASDAQ:SAIC) Stock Rating Lowered by Zacks Research

Science Applications International (NASDAQ:SAICGet Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Science Applications International in a report on Monday, December 29th. Citigroup raised Science Applications International to a “strong-buy” rating in a research note on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Science Applications International currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on SAIC

Science Applications International Stock Performance

Shares of SAIC opened at $97.00 on Monday. The stock has a market capitalization of $4.38 billion, a PE ratio of 12.40 and a beta of 0.28. Science Applications International has a 12-month low of $84.15 and a 12-month high of $124.11. The business’s fifty day moving average price is $102.27 and its 200 day moving average price is $103.10. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.20 and a quick ratio of 1.20.

Science Applications International (NASDAQ:SAICGet Free Report) last posted its quarterly earnings results on Thursday, December 4th. The company reported $2.58 EPS for the quarter, beating the consensus estimate of $2.07 by $0.51. Science Applications International had a net margin of 5.05% and a return on equity of 33.19%. The business had revenue of $1.87 billion during the quarter.

About Science Applications International

(Get Free Report)

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.

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