Science Applications International (NYSE:SAIC) Updates FY 2025 Earnings Guidance

Science Applications International (NYSE:SAICGet Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 8.100-8.300 for the period, compared to the consensus earnings per share estimate of 8.070. The company issued revenue guidance of $7.4 billion-$7.5 billion, compared to the consensus revenue estimate of $7.4 billion. Science Applications International also updated its FY25 guidance to $8.10-$8.30 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SAIC. JPMorgan Chase & Co. boosted their target price on shares of Science Applications International from $132.00 to $150.00 and gave the stock a neutral rating in a research report on Friday. Truist Financial lifted their price target on shares of Science Applications International from $125.00 to $135.00 and gave the stock a hold rating in a research note on Friday. StockNews.com upgraded shares of Science Applications International from a hold rating to a buy rating in a research note on Friday. TD Cowen lifted their price target on shares of Science Applications International from $145.00 to $155.00 and gave the stock a buy rating in a research note on Friday. Finally, Citigroup boosted their target price on shares of Science Applications International from $155.00 to $160.00 and gave the company a buy rating in a research note on Friday. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Hold and an average target price of $138.29.

Read Our Latest Report on SAIC

Science Applications International Stock Performance

Shares of SAIC stock opened at $133.15 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market cap of $6.82 billion, a PE ratio of 15.59 and a beta of 0.70. The stock has a 50-day moving average of $123.03 and a 200-day moving average of $127.35. Science Applications International has a one year low of $104.26 and a one year high of $145.17.

Science Applications International (NYSE:SAICGet Free Report) last announced its quarterly earnings results on Thursday, September 5th. The information technology services provider reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.19. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Science Applications International had a return on equity of 22.56% and a net margin of 6.28%. During the same period in the prior year, the business posted $2.05 EPS. Science Applications International’s revenue was up 2.0% on a year-over-year basis. As a group, sell-side analysts expect that Science Applications International will post 8.06 earnings per share for the current year.

Science Applications International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 11th will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, October 11th. This represents a $1.48 annualized dividend and a dividend yield of 1.11%. Science Applications International’s dividend payout ratio is presently 17.33%.

Insiders Place Their Bets

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

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.

See Also

Earnings History and Estimates for Science Applications International (NYSE:SAIC)

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