Science Applications International Corp (NYSE:SAIC) – Analysts at Seaport Global Securities boosted their Q1 2019 earnings per share estimates for Science Applications International in a research note issued to investors on Thursday. Seaport Global Securities analyst J. Sullivan now forecasts that the information technology services provider will post earnings per share of $0.97 for the quarter, up from their prior estimate of $0.96. Seaport Global Securities also issued estimates for Science Applications International’s Q3 2019 earnings at $1.07 EPS.

Other equities analysts also recently issued research reports about the company. Citigroup upgraded Science Applications International from a “neutral” rating to a “buy” rating in a research report on Monday, October 23rd. SunTrust Banks reiterated a “buy” rating and set a $93.00 price objective on shares of Science Applications International in a research report on Friday, October 6th. BidaskClub upgraded Science Applications International from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Vertical Research upgraded Science Applications International from a “hold” rating to a “buy” rating and set a $83.00 price objective on the stock in a research report on Friday, December 8th. Finally, Zacks Investment Research upgraded Science Applications International from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a research report on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $82.38.

Science Applications International (SAIC) opened at $77.52 on Friday. Science Applications International has a 1 year low of $60.21 and a 1 year high of $89.87. The company has a market capitalization of $3,320.00, a P/E ratio of 21.24, a P/E/G ratio of 4.15 and a beta of 1.61. The company has a debt-to-equity ratio of 3.09, a quick ratio of 1.15 and a current ratio of 1.34.

Science Applications International (NYSE:SAIC) last announced its quarterly earnings data on Thursday, December 7th. The information technology services provider reported $0.97 EPS for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.12. Science Applications International had a return on equity of 50.26% and a net margin of 3.77%.

A number of large investors have recently bought and sold shares of SAIC. Swiss National Bank raised its holdings in shares of Science Applications International by 4.7% in the 2nd quarter. Swiss National Bank now owns 73,115 shares of the information technology services provider’s stock valued at $5,076,000 after buying an additional 3,300 shares during the period. Franklin Resources Inc. raised its holdings in shares of Science Applications International by 1.3% in the 2nd quarter. Franklin Resources Inc. now owns 16,278 shares of the information technology services provider’s stock valued at $1,130,000 after buying an additional 207 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Science Applications International by 9.7% in the 2nd quarter. Wells Fargo & Company MN now owns 102,243 shares of the information technology services provider’s stock valued at $7,098,000 after buying an additional 9,038 shares during the period. Riverhead Capital Management LLC raised its holdings in shares of Science Applications International by 62.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,430 shares of the information technology services provider’s stock valued at $169,000 after buying an additional 930 shares during the period. Finally, BlackRock Inc. raised its holdings in shares of Science Applications International by 1.4% in the 2nd quarter. BlackRock Inc. now owns 4,463,494 shares of the information technology services provider’s stock valued at $309,855,000 after buying an additional 60,206 shares during the period. Institutional investors own 64.13% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 12th will be given a $0.31 dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.24 dividend on an annualized basis and a yield of 1.60%. Science Applications International’s dividend payout ratio is currently 33.97%.

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Science Applications International Company Profile

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

Earnings History and Estimates for Science Applications International (NYSE:SAIC)

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