Cantor Fitzgerald Predicts SAIC FY2025 Earnings

Science Applications International Co. (NYSE:SAICFree Report) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Science Applications International in a research note issued to investors on Tuesday, February 25th. Cantor Fitzgerald analyst C. Canfield expects that the information technology services provider will earn $6.44 per share for the year. Cantor Fitzgerald has a “Hold” rating on the stock. The consensus estimate for Science Applications International’s current full-year earnings is $8.27 per share.

A number of other equities analysts have also weighed in on SAIC. TD Cowen lowered shares of Science Applications International from a “buy” rating to a “hold” rating and dropped their price target for the stock from $155.00 to $120.00 in a research report on Wednesday, January 8th. Wells Fargo & Company dropped their target price on shares of Science Applications International from $149.00 to $139.00 and set an “overweight” rating for the company in a report on Wednesday. StockNews.com raised Science Applications International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. UBS Group initiated coverage on Science Applications International in a research report on Monday, December 2nd. They set a “neutral” rating and a $134.00 target price for the company. Finally, JPMorgan Chase & Co. dropped their price target on Science Applications International from $170.00 to $148.00 and set an “overweight” rating for the company in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Science Applications International presently has a consensus rating of “Hold” and an average target price of $136.11.

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Science Applications International Trading Up 0.1 %

Science Applications International stock opened at $100.79 on Thursday. Science Applications International has a 12-month low of $95.86 and a 12-month high of $156.34. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 17.00 and a beta of 0.66. The firm has a 50 day moving average of $109.35 and a 200 day moving average of $125.02. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Cornerstone Planning Group LLC purchased a new stake in Science Applications International in the 4th quarter valued at about $28,000. True Wealth Design LLC bought a new stake in shares of Science Applications International during the fourth quarter valued at approximately $48,000. Kapitalo Investimentos Ltda purchased a new stake in shares of Science Applications International in the fourth quarter valued at approximately $58,000. Quarry LP bought a new position in Science Applications International in the third quarter worth approximately $71,000. Finally, Jones Financial Companies Lllp increased its holdings in Science Applications International by 32.3% during the 4th quarter. Jones Financial Companies Lllp now owns 639 shares of the information technology services provider’s stock worth $71,000 after purchasing an additional 156 shares during the period. 76.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Science Applications International news, Director Katharina G. Mcfarland sold 3,239 shares of the company’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $117.70, for a total value of $381,230.30. Following the transaction, the director now owns 6,864 shares of the company’s stock, valued at $807,892.80. This represents a 32.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Barbara Supplee bought 425 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average price of $116.36 per share, with a total value of $49,453.00. Following the completion of the transaction, the executive vice president now owns 3,579 shares of the company’s stock, valued at approximately $416,452.44. The trade was a 13.47 % increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by insiders.

Science Applications International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.48 annualized dividend and a yield of 1.47%. Science Applications International’s dividend payout ratio is currently 24.96%.

Science Applications International Company Profile

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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.

See Also

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

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