Science Applications International (NASDAQ:SAIC) Trading Down 0.1% – Here’s Why

Science Applications International Corporation (NASDAQ:SAIC)’s stock price was down 0.1% on Tuesday . The stock traded as low as $89.92 and last traded at $91.61. Approximately 455,170 shares changed hands during trading, a decline of 9% from the average daily volume of 502,916 shares. The stock had previously closed at $91.72.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Science Applications International in a report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Science Applications International Stock Down 0.1%

The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $4.22 billion, a P/E ratio of 11.09 and a beta of 0.43. The company has a 50-day simple moving average of $98.79.

Science Applications International (NASDAQ:SAIC) last released its earnings results on Monday, December 6th. The company reported $1.62 EPS for the quarter. Science Applications International had a net margin of 5.35% and a return on equity of 33.36%. The firm had revenue of $1.82 billion during the quarter.

Science Applications International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 24th. Shareholders of record on Friday, October 10th were paid a $0.37 dividend. The ex-dividend date was Friday, October 10th. This represents a $1.48 annualized dividend and a yield of 1.6%. Science Applications International’s payout ratio is presently 17.92%.

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 engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; 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 cloud migration, managed services, infrastructure modernization, and enterprise IT-as-a-service solutions.