Science Applications International (NYSE:SAIC) Issues Earnings Results, Beats Expectations By $0.19 EPS

Science Applications International (NYSE:SAIC) posted its earnings results on Thursday. The information technology services provider reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.19, Briefing.com reports. Science Applications International had a return on equity of 22.56% and a net margin of 6.28%. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the previous year, the firm earned $2.05 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. Science Applications International updated its FY 2025 guidance to 8.100-8.300 EPS and its FY25 guidance to $8.10-$8.30 EPS.

Science Applications International Stock Performance

NYSE SAIC opened at $135.28 on Friday. Science Applications International has a 52-week low of $104.26 and a 52-week high of $145.17. The company has a fifty day moving average of $122.72 and a 200-day moving average of $127.36. The company has a market capitalization of $6.93 billion, a P/E ratio of 15.84 and a beta of 0.70. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.95 and a current ratio of 0.95.

Science Applications International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 25th. Stockholders of record on Friday, October 11th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Friday, October 11th. Science Applications International’s dividend payout ratio (DPR) is currently 17.33%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Science Applications International from $140.00 to $132.00 and set a “neutral” rating for the company in a research note on Wednesday, July 10th. Truist Financial reduced their price target on shares of Science Applications International from $130.00 to $125.00 and set a “hold” rating for the company in a research report on Tuesday, June 4th. Finally, StockNews.com lowered Science Applications International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 4th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $125.00.

Insider Activity at Science Applications International

In other news, EVP Michelle A. O’hara purchased 1,000 shares of the company’s stock in a transaction on Friday, July 12th. The stock was purchased at an average price of $118.00 per share, with a total value of $118,000.00. Following the completion of the purchase, the executive vice president now directly owns 33,497 shares in the company, valued at approximately $3,952,646. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Science Applications International news, EVP Michelle A. O’hara purchased 1,000 shares of the firm’s stock in a transaction on Friday, July 12th. The shares were purchased at an average cost of $118.00 per share, with a total value of $118,000.00. Following the completion of the purchase, the executive vice president now owns 33,497 shares of the company’s stock, valued at approximately $3,952,646. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Vincent P. Difronzo acquired 215 shares of the business’s stock in a transaction dated Monday, June 24th. The stock was acquired at an average cost of $116.72 per share, with a total value of $25,094.80. Following the purchase, the executive vice president now directly owns 2,267 shares in the company, valued at approximately $264,604.24. The disclosure for this purchase can be found here. Insiders have bought a total of 3,715 shares of company stock valued at $430,207 over the last 90 days. 0.67% of the stock is owned by insiders.

Science Applications International Company Profile

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.