1 week Ago By ABMN Staff
Science Applications International ( NYSE:SAIC – Free Report ) had its price objective hoisted by Truist Financial from $125.00 to $135.00 in a research report released on Friday morning, Benzinga reports.
Truist Financial currently has a hold rating on the information technology services provider’s stock. A number of other research firms also recently issued reports on SAIC. JPMorgan Chase & Co.
cut their target price on shares of Science Applications International from $140.00 to $132.00 and set a neutral rating on the stock in a research report on Wednesday, July 10th.
StockNews.com downgraded shares of Science Applications International from a buy rating to a hold rating in a report on Tuesday, June 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company.
According to data from MarketBeat, the stock currently has an average rating of Hold and an average target price of $138.29. View Our Latest Stock Analysis on Science Applications International Science Applications International Stock Performance Science Applications International ( NYSE:SAIC – Get Free Report ) last issued its quarterly earnings data on Thursday, September 5th.
The information technology services provider reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.
19. Science Applications International had a net margin of 6.28% and a return on equity of 22.
56%. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.
80 billion. During the same quarter last year, the firm earned $2.05 earnings per share.
The company’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, equities research analysts expect that Science Applications International will post 8.
06 earnings per share for the current year. Science Applications International Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Shareholders of record on Friday, October 11th will be issued a dividend of $0.
37 per share. This represents a $1.48 annualized dividend and a yield of 1.
11%. The ex-dividend date of this dividend is Friday, October 11th. Science Applications International’s dividend payout ratio is 17.
33%. Insider Buying and Selling at Science Applications International In other news, EVP James Joshua Jackson bought 400 shares of the company’s stock in a transaction dated Wednesday, July 10th. The stock was bought at an average price of $114.
28 per share, with a total value of $45,712.00. Following the completion of the acquisition, the executive vice president now owns 13,677 shares of the company’s stock, valued at $1,563,007.
56. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website . In other news, EVP James Joshua Jackson bought 400 shares of the company’s stock in a transaction dated Wednesday, July 10th.
The stock was bought at an average price of $114.28 per share, with a total value of $45,712.00.
Following the completion of the acquisition, the executive vice president now owns 13,677 shares of the company’s stock, valued at $1,563,007.56. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website .
Also, EVP Vincent P. Difronzo bought 215 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were purchased at an average cost of $116.
72 per share, with a total value of $25,094.80. Following the acquisition, the executive vice president now directly owns 2,267 shares of the company’s stock, valued at approximately $264,604.
24. The disclosure for this purchase can be found here . Insiders acquired 1,715 shares of company stock valued at $200,507 in the last quarter.
0.67% of the stock is currently owned by insiders. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of SAIC.
Corient Private Wealth LLC grew its position in Science Applications International by 250.8% in the fourth quarter. Corient Private Wealth LLC now owns 19,643 shares of the information technology services provider’s stock valued at $2,442,000 after acquiring an additional 14,043 shares during the last quarter.
Quadrature Capital Ltd bought a new position in Science Applications International in the fourth quarter valued at about $950,000. Franklin Resources Inc. grew its position in Science Applications International by 38.
8% in the fourth quarter. Franklin Resources Inc. now owns 39,418 shares of the information technology services provider’s stock valued at $4,900,000 after acquiring an additional 11,027 shares during the last quarter.
Twin Tree Management LP bought a new position in Science Applications International in the first quarter valued at about $649,000. Finally, HighPoint Advisor Group LLC bought a new stake in shares of Science Applications International during the fourth quarter worth about $884,000. Institutional investors and hedge funds own 76.
00% of the company’s stock. Science Applications International Company Profile ( Get Free Report ) 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.
Featured Articles Receive News & Ratings for Science Applications International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Science Applications International and related companies with MarketBeat.com's FREE daily email newsletter ..
