Science Applications International (NYSE:SAIC) Hits New 12-Month Low – Here’s What Happened

Science Applications International Co. (NYSE:SAIC)’s share price hit a new 52-week low on Thursday . The stock traded as low as $81.08 and last traded at $82.22, with a volume of 2496492 shares. The stock had previously closed at $97.92.

Analyst Ratings Changes

Several research firms have recently issued reports on SAIC. UBS Group raised their price target on Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. JPMorgan Chase & Co. boosted their price target on Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Finally, Citigroup boosted their price objective on shares of Science Applications International from $122.00 to $133.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $117.44.

Science Applications International Trading Down 16.0%

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 business’s 50 day moving average price is $103.33 and its 200-day moving average price is $102.37. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 13.87 and a beta of 0.28.

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

Science Applications International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, January 14th. Science Applications International’s dividend payout ratio (DPR) is currently 18.93%.

Insider Buying and Selling

In other Science Applications International news, CEO James Reagan acquired 1,000 shares of the stock in a transaction on Tuesday, December 16th. The shares were purchased at an average price of $100.17 per share, for a total transaction of $100,170.00. Following the completion of the acquisition, the chief executive officer owned 26,460 shares in the company, valued at approximately $2,650,498.20. This represents a 3.93% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On Science Applications International

A number of hedge funds have recently added to or reduced their stakes in the stock. CSM Advisors LLC raised its stake in shares of Science Applications International by 5.3% in the fourth quarter. CSM Advisors LLC now owns 34,744 shares of the information technology services provider’s stock worth $3,497,000 after purchasing an additional 1,735 shares during the last quarter. Picton Mahoney Asset Management purchased a new position in Science Applications International during the fourth quarter worth about $802,000. Empowered Funds LLC boosted its holdings in Science Applications International by 6.1% during the fourth quarter. Empowered Funds LLC now owns 6,358 shares of the information technology services provider’s stock worth $640,000 after purchasing an additional 368 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Science Applications International by 5.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,147 shares of the information technology services provider’s stock valued at $720,000 after buying an additional 346 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Science Applications International by 66.5% during the 4th quarter. Cerity Partners LLC now owns 10,079 shares of the information technology services provider’s stock worth $1,015,000 after buying an additional 4,025 shares in the last quarter. Institutional investors and hedge funds own 76.00% of the company’s stock.

Science Applications International Company Profile

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.