Science Applications International (NYSE:SAIC) Sets New 1-Year Low – Should You Sell?

Science Applications International Co. (NYSE:SAIC)’s share price hit a new 52-week low on Friday . The company traded as low as $88.25 and last traded at $88.26, with a volume of 48600 shares changing hands. The stock had previously closed at $89.61.

Wall Street Analysts Forecast Growth

SAIC has been the topic of several research reports. Truist Financial upped their price objective on Science Applications International from $100.00 to $110.00 and gave the stock a “hold” rating in a report on Thursday, July 24th. JPMorgan Chase & Co. restated a “neutral” rating and set a $115.00 target price (down previously from $140.00) on shares of Science Applications International in a research report on Monday, September 8th. Jefferies Financial Group decreased their price target on Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a report on Wednesday, September 10th. The Goldman Sachs Group lowered their price objective on Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a research report on Monday, September 8th. Finally, UBS Group cut their target price on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $115.10.

Science Applications International Stock Down 1.5%

The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 14.89 and a beta of 0.43. The firm has a 50 day simple moving average of $97.98 and a two-hundred day simple moving average of $108.72.

Science Applications International (NYSE:SAIC) last announced its quarterly earnings results on Thursday, September 4th. The information technology services provider reported $3.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.25 by $1.38. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. Science Applications International’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period last year, the company posted $2.05 EPS. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. As a group, sell-side analysts expect that Science Applications International Co. will post 8.27 EPS for the current year.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 24th. Stockholders of record on Friday, October 10th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, October 10th. Science Applications International’s dividend payout ratio (DPR) is currently 17.92%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Science Applications International by 324.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock valued at $28,000 after acquiring an additional 188 shares during the period. Quent Capital LLC bought a new position in shares of Science Applications International during the 3rd quarter valued at about $29,000. Rakuten Securities Inc. grew its position in shares of Science Applications International by 1,915.4% in the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 249 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Science Applications International by 43.2% in the first quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock valued at $36,000 after buying an additional 98 shares during the period. Finally, US Bancorp DE increased its position in shares of Science Applications International by 38.5% during the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock worth $36,000 after acquiring an additional 90 shares in the last quarter. 76.00% of the stock is currently 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.