Science Applications International (NYSE:SAIC) is scheduled to be releasing its earnings data after the market closes on Thursday, December 7th. Analysts expect Science Applications International to post earnings of $0.94 per share for the quarter.
Science Applications International (NYSE:SAIC) last released its quarterly earnings results on Thursday, September 7th. The information technology services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.02). The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.08 billion. Science Applications International had a net margin of 3.77% and a return on equity of 48.69%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 earnings per share. On average, analysts expect Science Applications International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of Science Applications International (NYSE:SAIC) opened at $73.23 on Tuesday. The company has a market cap of $3,159.59, a P/E ratio of 19.91, a PEG ratio of 4.11 and a beta of 1.60. Science Applications International has a 1 year low of $60.21 and a 1 year high of $89.87. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.41 and a quick ratio of 1.23.
In related news, COO Nazzic S. Keene sold 18,772 shares of the firm’s stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $68.85, for a total transaction of $1,292,452.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.94% of the stock is currently owned by company insiders.
Several research firms have recently commented on SAIC. Cowen reiterated a “hold” rating and issued a $75.00 price target on shares of Science Applications International in a research report on Friday, September 8th. BidaskClub upgraded shares of Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 27th. Wells Fargo & Company upgraded shares of Science Applications International from a “market perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a research report on Wednesday, October 25th. Jefferies Group restated a “hold” rating and set a $66.00 target price on shares of Science Applications International in a research report on Tuesday, October 24th. Finally, Citigroup upgraded shares of Science Applications International from a “neutral” rating to a “buy” rating in a research report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $80.71.
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Science Applications International Company Profile
Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.
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