Science Applications International (SAIC) will announce quarterly earnings on Thursday

Science Applications International (NYSE:SAIC – Get Free Report ) will announce its earnings results before the market opens on Thursday, September 5th. Analysts expect the company to post earnings of $1.89 per share for the quarter. Science Applications International set its FY25 guidance at $8.00-$8.20 EPS and FY 2025 guidance at 8,000-8,200 EPS. Investors interested in participating in the company’s conference call can do so using this link.

Science Applications International (NYSE:SAIC – Get Free Report ) last announced its quarterly earnings results on Monday, June 3rd. The information technology services provider reported $1.92 EPS for the quarter, hitting analysts’ consensus estimates of $1.92. Science Applications International had a return on equity of 22.56% and a net margin of 6.28%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.84 billion. In the same quarter last year, the company posted earnings of $2.14 per share. The company’s revenue fell 8.8% year over year. On average, analysts expect Science Applications International to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Science Applications Performance of international actions

Shares of SAIC stock opened at $128.44 on Thursday. The stock has a fifty-day moving average of $121.12 and a 200-day moving average of $127.42. 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 $6.58 billion, a price-to-earnings ratio of 15.04 and a beta of 0.69. 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 announces dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 26th. Investors of record on Friday, July 12th were paid a $0.37 dividend. This represents a dividend of $1.48 on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Friday, July 12th. Science Applications International’s payout ratio is 17.33%.

Insider buying and selling at Science Applications International

In other news, CFO Prabu Natarajan acquired 2,000 shares of the stock in a transaction on Monday, June 10th. The shares were purchased at an average price of $114.85 per share, with a total value of $229,700.00. Following the completion of the transaction, the chief financial officer now owns 60,630 shares of the company’s stock, valued at approximately $6,963,355.50. The acquisition was disclosed in a filing with the SEC, which is accessible via this link. In related news, CFO Prabu Natarajan acquired 2,000 shares of the stock in a transaction dated Monday, June 10th. The shares were purchased at an average price of $114.85 per share, with a total value of $229,700.00. Following the transaction, the chief financial officer now directly owns 60,630 shares in the company, valued at $6,963,355.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this link. Also, EVP James Joshua Jackson acquired 400 shares of the stock in a transaction dated Wednesday, July 10th. The shares were bought at an average cost of $114.28 per share, with a total value of $45,712.00. Following the transaction, the executive vice president now owns 13,677 shares in the company, valued at $1,563,007.56. Disclosure for this purchase can be found here. Over the last 90 days, insiders bought 3,715 shares of company stock worth $430,207. 0.67% of shares are currently owned by company insiders.

Analysts on Wall Street are forecasting an increase

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

Check out our latest report on Science Applications International

About Science Applications International

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Science Applications International Corporation provides technical, engineering and information technology (IT) services to businesses primarily in the United States. The company’s offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support the design, construction, modification, integration and sustainment of weapon systems; and end-to-end services such as the design, development, integration, implementation, management and operations, support and security of its customers’ IT infrastructure, as well as training and simulation and support for ground vehicles that integrate, modify, upgrade, and supports ground vehicles for the nation’s armed forces.

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