Zacks Research Brokers Raise Earnings Estimates for SAIC

Science Applications International Co. (NYSE:SAIC) – Stock analysts at Zacks Research boosted their Q4 2026 earnings per share (EPS) estimates for shares of Science Applications International in a report released on Monday, April 7th. Zacks Research analyst A. Bhagat now expects that the information technology services provider will post earnings per share of $2.25 for the quarter, up from their prior forecast of $2.18. The consensus estimate for Science Applications International’s current full-year earnings is $8.27 per share. Zacks Research also issued estimates for Science Applications International’s Q1 2027 earnings at $2.41 EPS, Q2 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.54 EPS and FY2027 earnings at $10.16 EPS.

SAIC has been the topic of several other reports. Truist Financial cut their price target on Science Applications International from $135.00 to $115.00 and set a “hold” rating on the stock in a research report on Tuesday, March 18th. Wells Fargo & Company cut their price objective on Science Applications International from $148.00 to $132.00 and set an “overweight” rating for the company in a research note on Tuesday. Cantor Fitzgerald raised shares of Science Applications International to a “hold” rating in a research note on Tuesday, February 25th. UBS Group lifted their price objective on Science Applications International from $123.00 to $126.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 18th. Finally, TD Cowen downgraded shares of Science Applications International from a “buy” rating to a “hold” rating and reduced their target price for the stock from $155.00 to $120.00 in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Science Applications International has an average rating of “Hold” and an average target price of $132.22.

Science Applications International Trading Up 3.1 %

Science Applications International stock opened at $116.51 on Thursday. Science Applications International has a 52 week low of $94.68 and a 52 week high of $156.34. The stock has a 50-day moving average price of $106.74 and a 200 day moving average price of $119.81. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 19.65 and a beta of 0.58.

Science Applications International (NYSE:SAIC) last released its earnings results on Monday, March 17th. The information technology services provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.57. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.81 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. Science Applications International’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS.

Institutional Investors Weigh In On Science Applications International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of Science Applications International by 18.7% in the 4th quarter. Empowered Funds LLC now owns 5,549 shares of the information technology services provider’s stock valued at $620,000 after acquiring an additional 874 shares during the period. First Citizens Bank & Trust Co. purchased a new position in Science Applications International during the 4th quarter worth $312,000. Pure Financial Advisors LLC increased its stake in Science Applications International by 19.0% in the fourth quarter. Pure Financial Advisors LLC now owns 18,447 shares of the information technology services provider’s stock valued at $2,062,000 after purchasing an additional 2,946 shares during the period. Geode Capital Management LLC raised its holdings in shares of Science Applications International by 1.9% in the third quarter. Geode Capital Management LLC now owns 985,105 shares of the information technology services provider’s stock valued at $137,227,000 after buying an additional 18,102 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of Science Applications International by 6.4% in the fourth quarter. Truist Financial Corp now owns 3,850 shares of the information technology services provider’s stock valued at $430,000 after buying an additional 233 shares during the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Insider Activity at Science Applications International

In other Science Applications International news, 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 transaction of $381,230.30. Following the completion of the sale, the director now directly owns 6,864 shares of the company’s stock, valued at $807,892.80. The trade was a 32.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Carolyn B. Handlon acquired 230 shares of the business’s stock in a transaction on Monday, April 7th. The shares were bought at an average cost of $109.93 per share, for a total transaction of $25,283.90. Following the acquisition, the director now owns 4,032 shares of the company’s stock, valued at $443,237.76. This represents a 6.05 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 3,045 shares of company stock worth $339,935. Company insiders own 0.67% of the company’s stock.

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 given a $0.37 dividend. The ex-dividend date is Friday, April 11th. This represents a $1.48 annualized dividend and a yield of 1.27%. Science Applications International’s dividend payout ratio is presently 20.58%.

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.