Science Applications International (NYSE:SAIC) Posts Quarterly Earnings Results, Beats Estimates By $0.57 EPS

Science Applications International (NYSE:SAICGet Free Report) released its quarterly earnings results on Monday. The information technology services provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.57, Briefing.com reports. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.81 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%. The business’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.43 EPS. Science Applications International updated its FY 2026 guidance to 9.100-9.300 EPS and its FY26 guidance to $9.10-9.30 EPS.

Science Applications International Stock Up 1.4 %

SAIC opened at $113.44 on Wednesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 19.13 and a beta of 0.66. The business has a 50-day moving average of $107.39 and a two-hundred day moving average of $122.86. Science Applications International has a 12 month low of $94.68 and a 12 month high of $156.34.

Science Applications International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Friday, April 11th. Science Applications International’s dividend payout ratio (DPR) is 24.96%.

Insider Buying and Selling at Science Applications International

In other news, Director Katharina G. Mcfarland sold 3,239 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $117.70, for a total transaction of $381,230.30. Following the completion of the sale, the director now owns 6,864 shares in the company, valued at approximately $807,892.80. The trade was a 32.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.67% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on SAIC shares. StockNews.com raised Science Applications International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 18th. The Goldman Sachs Group cut their price target on Science Applications International from $124.00 to $103.00 and set a “sell” rating for the company in a research note on Thursday, December 12th. UBS Group boosted their target price on shares of Science Applications International from $123.00 to $126.00 and gave the company a “neutral” rating in a research note on Tuesday. TD Cowen downgraded shares of Science Applications International from a “buy” rating to a “hold” rating and cut their target price for the company from $155.00 to $120.00 in a research note on Wednesday, January 8th. Finally, Truist Financial cut their target price on shares of Science Applications International from $135.00 to $115.00 and set a “hold” rating for the company in a research note on Tuesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $134.00.

Read Our Latest Research Report on Science Applications International

About Science Applications International

(Get Free Report)

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.

Further Reading

Earnings History for Science Applications International (NYSE:SAIC)

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