Science Applications International (NYSE:SAIC) Issues FY25 Earnings Guidance

Science Applications International (NYSE:SAIC) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $8.10-$8.30 for the period, compared to the consensus estimate of $8.07. The company issued revenue guidance of $7.35-$7.50 billion, compared to the consensus revenue estimate of $7.43 billion. Science Applications International also updated its FY 2025 guidance to 8.100-8.300 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on SAIC shares. StockNews.com cut shares of Science Applications International from a buy rating to a hold rating in a research report on Tuesday, June 4th. JPMorgan Chase & Co. lowered their price objective on Science Applications International from $140.00 to $132.00 and set a neutral rating for the company in a research report on Wednesday, July 10th. Finally, Truist Financial dropped their target price on Science Applications International from $130.00 to $125.00 and set a hold rating on the stock in a research note on Tuesday, June 4th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat, Science Applications International currently has a consensus rating of Hold and an average target price of $125.00.

Science Applications International Stock Up 0.9 %

Science Applications International stock opened at $129.21 on Thursday. Science Applications International has a 52 week low of $104.26 and a 52 week high of $145.17. The firm has a market cap of $6.62 billion, a price-to-earnings ratio of 15.13 and a beta of 0.70. The business’s 50-day moving average price is $122.36 and its 200 day moving average price is $127.31. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.13.

Science Applications International (NYSE:SAIC) last released its quarterly earnings data on Monday, June 3rd. The information technology services provider reported $1.92 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.92. Science Applications International had a net margin of 6.28% and a return on equity of 22.56%. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter in the previous year, the company earned $2.14 earnings per share. The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Science Applications International will post 8.06 earnings per share for the current year.

Science Applications International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 11th will be paid a $0.37 dividend. The ex-dividend date is Friday, October 11th. This represents a $1.48 dividend on an annualized basis and a yield of 1.15%. Science Applications International’s dividend payout ratio is currently 17.33%.

Insider Transactions at Science Applications International

In other news, EVP Michelle A. O’hara purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was purchased at an average cost of $118.00 per share, for a total transaction of $118,000.00. Following the completion of the transaction, the executive vice president now owns 33,497 shares of the company’s stock, valued at $3,952,646. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP James Joshua Jackson acquired 400 shares of Science Applications International stock in a transaction that occurred on Wednesday, July 10th. The shares were purchased at an average price of $114.28 per share, for a total transaction of $45,712.00. Following the completion of the transaction, the executive vice president now owns 13,677 shares in the company, valued at approximately $1,563,007.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michelle A. O’hara bought 1,000 shares of the company’s stock in a transaction on Friday, July 12th. The stock was bought at an average price of $118.00 per share, with a total value of $118,000.00. Following the completion of the acquisition, the executive vice president now owns 33,497 shares in the company, valued at $3,952,646. The disclosure for this purchase can be found here. Insiders purchased 3,715 shares of company stock valued at $430,207 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.

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.