Cantor Fitzgerald Predicts SAIC FY2025 Earnings

Science Applications International Co. (NYSE:SAIC) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Science Applications International in a note issued to investors on Tuesday, February 25th. Cantor Fitzgerald analyst C. Canfield expects that the information technology services provider will post earnings per share of $6.44 for the year. Cantor Fitzgerald has a “Hold” rating on the stock. The consensus estimate for Science Applications International’s current full-year earnings is $8.27 per share.

A number of other analysts have also weighed in on SAIC. JPMorgan Chase & Co. dropped their target price on shares of Science Applications International from $170.00 to $148.00 and set an “overweight” rating for the company in a report on Friday, December 6th. StockNews.com upgraded Science Applications International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. Wells Fargo & Company reduced their target price on Science Applications International from $149.00 to $139.00 and set an “overweight” rating on the stock in a research note on Wednesday. TD Cowen downgraded Science Applications International from a “buy” rating to a “hold” rating and decreased their target price for the company from $155.00 to $120.00 in a report on Wednesday, January 8th. Finally, UBS Group initiated coverage on shares of Science Applications International in a report on Monday, December 2nd. They issued a “neutral” rating and a $134.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $136.11.

Science Applications International Trading Down 0.2 %

Shares of SAIC opened at $100.56 on Thursday. The firm has a fifty day simple moving average of $109.16 and a two-hundred day simple moving average of $124.85. Science Applications International has a twelve month low of $95.86 and a twelve month high of $156.34. The stock has a market capitalization of $4.92 billion, a P/E ratio of 16.96 and a beta of 0.66. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Friday, January 10th. Science Applications International’s dividend payout ratio is presently 24.96%.

Insider Transactions at Science Applications International

In related news, EVP Barbara Supplee purchased 425 shares of Science Applications International stock in a transaction dated Wednesday, December 11th. The stock was purchased at an average cost of $116.36 per share, for a total transaction of $49,453.00. Following the completion of the acquisition, the executive vice president now directly owns 3,579 shares of the company’s stock, valued at $416,452.44. The trade was a 13.47 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Katharina G. Mcfarland sold 3,239 shares of Science Applications International stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $117.70, for a total value of $381,230.30. Following the completion of the transaction, the director now directly owns 6,864 shares of the company’s stock, valued at approximately $807,892.80. This represents a 32.06 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Institutional Trading of Science Applications International

A number of institutional investors and hedge funds have recently bought and sold shares of SAIC. Jefferies Financial Group Inc. purchased a new stake in shares of Science Applications International during the fourth quarter valued at approximately $1,706,000. Formidable Asset Management LLC bought a new position in Science Applications International in the 4th quarter valued at approximately $423,000. Public Employees Retirement System of Ohio purchased a new stake in Science Applications International during the 4th quarter valued at $2,023,000. CSS LLC IL bought a new stake in shares of Science Applications International in the 4th quarter worth $437,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Science Applications International by 12.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 142,388 shares of the information technology services provider’s stock worth $15,916,000 after purchasing an additional 15,436 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

About Science Applications International

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.