Science Applications International Corporation (NASDAQ:SAIC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Science Applications International Corporation (NASDAQ:SAIC) have been given an average recommendation of “Hold” by the ten analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $114.00.

A number of research analysts have recently commented on the company. The Goldman Sachs Group raised their price target on Science Applications International from $85.00 to $96.00 and gave the company a “sell” rating in a report on Friday, June 12th. Citigroup raised their price target on Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. UBS Group raised their price target on Science Applications International from $113.00 to $119.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Weiss Ratings raised Science Applications International from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, BNP Paribas Exane assumed coverage on Science Applications International in a report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 price target on the stock.

Science Applications International Stock Performance

SAIC stock opened at $110.29 on Tuesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of 12.42 and a beta of 0.30. Science Applications International has a 1 year low of $81.08 and a 1 year high of $123.41. The stock’s fifty day moving average is $101.79 and its two-hundred day moving average is $99.72.

Science Applications International (NASDAQ:SAIC) last posted its earnings results on Monday, June 1st. The company reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.97. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business posted $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, research analysts predict that Science Applications International will post 10.14 EPS for the current year.

Science Applications International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th. Science Applications International’s dividend payout ratio (DPR) is 16.67%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SAIC. Vanguard Group Inc. grew its holdings in Science Applications International by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company’s stock worth $458,502,000 after acquiring an additional 15,272 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in Science Applications International by 20.2% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,951 shares of the company’s stock worth $264,429,000 after acquiring an additional 441,296 shares during the period. First Trust Advisors LP grew its holdings in Science Applications International by 25.9% during the fourth quarter. First Trust Advisors LP now owns 1,912,390 shares of the company’s stock worth $192,501,000 after acquiring an additional 393,344 shares during the period. Dimensional Fund Advisors LP grew its holdings in Science Applications International by 13.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,535,288 shares of the company’s stock worth $145,730,000 after acquiring an additional 185,066 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Science Applications International by 36.3% during the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the company’s stock worth $143,578,000 after acquiring an additional 347,456 shares during the period. 76.00% of the stock is owned by institutional investors and hedge funds.

About Science Applications International

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.