Science Applications International (NYSE:SAIC) Releases FY 2027 Earnings Guidance

Science Applications International (NYSE:SAIC) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 9.900-10.100 for the period. The company issued revenue guidance of $8.0 billion-$8.1 billion. Science Applications International also updated its FY 2026 guidance to 8.900-9.100 EPS.

Science Applications International Stock Down 2.2 %

Shares of SAIC opened at $123.58 on Monday. The stock has a market cap of $6.38 billion, a price-to-earnings ratio of 13.96 and a beta of 0.70. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 1.13. Science Applications International has a 12 month low of $95.43 and a 12 month high of $145.17. The company has a 50-day moving average price of $133.65 and a two-hundred day moving average price of $124.37.

Science Applications International (NYSE:SAIC) last posted its quarterly earnings data on Monday, March 18th. The information technology services provider reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.01). The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.64 billion. Science Applications International had a return on equity of 23.73% and a net margin of 6.41%. The business’s quarterly revenue was down 11.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.04 EPS. Equities analysts predict that Science Applications International will post 8.11 EPS for the current fiscal year.

Science Applications International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Stockholders of record on Friday, April 12th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Thursday, April 11th. Science Applications International’s payout ratio is 16.72%.

Wall Street Analysts Forecast Growth

SAIC has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of Science Applications International from $141.00 to $143.00 and gave the stock an equal weight rating in a report on Tuesday, March 19th. Truist Financial reissued a hold rating and issued a $130.00 price target on shares of Science Applications International in a report on Friday. JPMorgan Chase & Co. lowered their price target on shares of Science Applications International from $142.00 to $140.00 and set a neutral rating for the company in a report on Tuesday, March 19th. The Goldman Sachs Group lowered their price target on shares of Science Applications International from $113.00 to $110.00 and set a sell rating for the company in a report on Thursday, February 29th. Finally, StockNews.com lowered shares of Science Applications International from a buy rating to a hold rating in a report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, the company has an average rating of Hold and a consensus target price of $127.60.

Insiders Place Their Bets

In other news, Director Katharina G. Mcfarland sold 760 shares of Science Applications International stock in a transaction on Friday, April 12th. The shares were sold at an average price of $125.64, for a total transaction of $95,486.40. Following the transaction, the director now directly owns 8,653 shares of the company’s stock, valued at $1,087,162.92. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.29% of the company’s stock.

Hedge Funds Weigh In On Science Applications International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP boosted its position in shares of Science Applications International by 100.0% during the second quarter. Quarry LP now owns 218 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 109 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of Science Applications International during the third quarter worth $37,000. Atlas Capital Advisors LLC bought a new position in shares of Science Applications International during the second quarter worth $66,000. KBC Group NV bought a new position in shares of Science Applications International during the fourth quarter worth $105,000. Finally, Belpointe Asset Management LLC lifted its position in Science Applications International by 511.5% in the 1st quarter. Belpointe Asset Management LLC now owns 1,064 shares of the information technology services provider’s stock valued at $114,000 after acquiring an additional 890 shares in the last quarter. 76.00% of the stock is owned by institutional investors.

About Science Applications International

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.