Science Applications International (NASDAQ:SAIC – Get Free Report) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.
Other analysts have also recently issued research reports about the stock. TD Cowen cut their price target on shares of Science Applications International from $130.00 to $125.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Citigroup increased their price target on Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. BNP Paribas Exane initiated coverage on Science Applications International in a research report on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price objective for the company. UBS Group boosted their price objective on Science Applications International from $113.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group upped their target price on Science Applications International from $115.00 to $130.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $116.89.
Read Our Latest Stock Analysis on SAIC
Science Applications International Price Performance
Science Applications International (NASDAQ:SAIC – Get Free Report) last posted its quarterly earnings data on Monday, June 1st. The company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.97. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same period in the prior year, the firm posted $1.42 EPS. The company’s quarterly revenue was up 1.5% on a year-over-year basis. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Equities analysts predict that Science Applications International will post 10.01 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of SAIC. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Science Applications International by 57.8% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 54,395 shares of the company’s stock valued at $5,514,000 after buying an additional 19,920 shares in the last quarter. Comerica Bank raised its stake in 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 period. Islay Capital Management LLC bought a new position in Science Applications International in the fourth quarter worth approximately $971,000. Vanguard Group Inc. boosted its holdings in Science Applications International by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company’s stock worth $458,502,000 after acquiring an additional 15,272 shares in the last quarter. Finally, Seizert Capital Partners LLC grew its stake in Science Applications International by 122.4% in the fourth quarter. Seizert Capital Partners LLC now owns 107,922 shares of the company’s stock valued at $10,863,000 after acquiring an additional 59,386 shares during the period. 76.00% of the stock is owned by institutional investors.
Science Applications International Company Profile
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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