Science Applications International (SAIC) Projected to Post Quarterly Earnings on Monday

Science Applications International (NYSE:SAIC) is anticipated to announce its earnings results before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of $2.00 per share and revenue of $1.81 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Science Applications International Trading Up 0.2 %

NYSE SAIC opened at $104.43 on Friday. Science Applications International has a 1-year low of $94.68 and a 1-year high of $156.34. The firm has a market cap of $5.10 billion, a PE ratio of 17.61 and a beta of 0.66. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. The stock has a 50-day moving average of $107.44 and a 200-day moving average of $123.14.

Science Applications International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.42%. Science Applications International’s dividend payout ratio (DPR) is 24.96%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SAIC. JPMorgan Chase & Co. decreased their price target on shares of Science Applications International from $170.00 to $148.00 and set an “overweight” rating for the company in a report on Friday, December 6th. The Goldman Sachs Group cut their price objective on shares of Science Applications International from $124.00 to $103.00 and set a “sell” rating on the stock in a research report on Thursday, December 12th. StockNews.com raised shares of Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, December 18th. TD Cowen cut shares of Science Applications International from a “buy” rating to a “hold” rating and cut their price objective for the company from $155.00 to $120.00 in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company cut their price objective on shares of Science Applications International from $149.00 to $139.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $136.11.

Insiders Place Their Bets

In other Science Applications International news, Director Katharina G. Mcfarland sold 3,239 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $117.70, for a total transaction of $381,230.30. Following the sale, the director now directly owns 6,864 shares of the company’s stock, valued at $807,892.80. The trade was a 32.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.67% of the company’s stock.

Science Applications International Company Profile

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.