Jefferies Financial Group Raises Science Applications International (NASDAQ:SAIC) Price Target to $130.00

Science Applications International (NASDAQ:SAICGet Free Report) had its price target raised by investment analysts at Jefferies Financial Group from $115.00 to $130.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 0.73% from the stock’s previous close.

Several other equities research analysts have also recently commented on the company. TD Cowen dropped their target price on Science Applications International from $130.00 to $125.00 and set a “hold” rating on the stock in a report on Tuesday, July 7th. UBS Group lifted their target price on shares of Science Applications International from $113.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Citigroup raised their price target on shares of Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on Science Applications International from $110.00 to $125.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Finally, BNP Paribas Exane initiated coverage on Science Applications International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 price objective for the company. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Science Applications International has a consensus rating of “Hold” and an average target price of $116.89.

Read Our Latest Stock Report on Science Applications International

Science Applications International Stock Up 2.5%

Shares of Science Applications International stock traded up $3.11 during trading hours on Wednesday, hitting $129.06. 164,663 shares of the company’s stock traded hands, compared to its average volume of 577,485. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.73. Science Applications International has a twelve month low of $81.08 and a twelve month high of $129.70. The stock has a 50 day simple moving average of $115.08 and a 200-day simple moving average of $102.95. The company has a market cap of $5.46 billion, a PE ratio of 14.56 and a beta of 0.28.

Science Applications International (NASDAQ:SAICGet Free Report) last issued its quarterly earnings results on Monday, June 1st. The company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.26 by $0.97. The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Equities research analysts anticipate that Science Applications International will post 10.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Science Applications International

Large investors have recently modified their holdings of the business. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Science Applications International by 57.8% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 54,395 shares of the company’s stock worth $5,514,000 after acquiring an additional 19,920 shares in the last quarter. Comerica Bank lifted its stake in shares of Science Applications International by 46.2% during the 4th quarter. Comerica Bank now owns 61,863 shares of the company’s stock worth $6,227,000 after buying an additional 19,554 shares during the last quarter. Ruffer LLP acquired a new stake in Science Applications International during the fourth quarter worth approximately $5,813,000. Islay Capital Management LLC bought a new stake in shares of Science Applications International during the fourth quarter worth approximately $971,000. Finally, Vanguard Group Inc. grew its position in shares of Science Applications International by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company’s stock valued at $458,502,000 after purchasing an additional 15,272 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

About Science Applications International

(Get Free Report)

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.

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Analyst Recommendations for Science Applications International (NASDAQ:SAIC)

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