Media coverage about Science Applications International (NYSE:SAIC) has trended somewhat positive on Wednesday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Science Applications International earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news coverage about the information technology services provider an impact score of 46.4569106303713 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Science Applications International from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research report on Tuesday, December 12th. Jefferies Group reaffirmed a “hold” rating and set a $78.00 price objective on shares of Science Applications International in a research report on Monday. Cowen reaffirmed a “hold” rating and set a $72.00 price objective on shares of Science Applications International in a research report on Friday, December 8th. Vertical Research raised shares of Science Applications International from a “hold” rating to a “buy” rating and set a $83.00 price objective on the stock in a research report on Friday, December 8th. Finally, BidaskClub raised shares of Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $82.38.
Science Applications International (SAIC) opened at $78.44 on Wednesday. Science Applications International has a 1 year low of $60.21 and a 1 year high of $89.87. The company has a market cap of $3,350.00, a P/E ratio of 21.49, a P/E/G ratio of 4.27 and a beta of 1.61. The company has a current ratio of 1.34, a quick ratio of 1.15 and a debt-to-equity ratio of 3.09.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 12th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Thursday, January 11th. Science Applications International’s payout ratio is presently 33.97%.
In other Science Applications International news, COO Nazzic S. Keene sold 18,772 shares of Science Applications International stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $68.85, for a total value of $1,292,452.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.94% of the company’s stock.
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About Science Applications International
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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