Science Applications International (NYSE:SAIC) Releases FY25 Earnings Guidance

Science Applications International (NYSE:SAIC) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $8.50-$8.65 for the period, compared to the consensus earnings per share estimate of $8.19. The company issued revenue guidance of $7.425-$7.475 billion, compared to the consensus revenue estimate of $7.40 billion. Science Applications International also updated its FY 2025 guidance to 8.500-8.650 EPS.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. upgraded Science Applications International from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $150.00 to $170.00 in a research note on Wednesday, October 2nd. Truist Financial increased their price target on Science Applications International from $125.00 to $135.00 and gave the company a “hold” rating in a report on Friday, September 6th. StockNews.com cut shares of Science Applications International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 22nd. UBS Group began coverage on shares of Science Applications International in a report on Monday. They issued a “neutral” rating and a $134.00 target price on the stock. Finally, TD Cowen upped their price target on shares of Science Applications International from $145.00 to $155.00 and gave the company a “buy” rating in a report on Friday, September 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $147.13.

Science Applications International Stock Down 2.5 %

Shares of SAIC opened at $120.78 on Friday. The company has a 50-day simple moving average of $138.48 and a 200-day simple moving average of $129.62. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market capitalization of $5.98 billion, a P/E ratio of 21.72 and a beta of 0.64. Science Applications International has a 52 week low of $112.00 and a 52 week high of $156.34.

Science Applications International (NYSE:SAIC) last issued its earnings results on Thursday, September 5th. The information technology services provider reported $2.05 EPS for the quarter, topping the consensus estimate of $1.86 by $0.19. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Science Applications International had a return on equity of 22.88% and a net margin of 3.97%. Science Applications International’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the business earned $2.05 earnings per share. On average, equities research analysts expect that Science Applications International will post 8.21 earnings per share for the current year.

Science Applications International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be given a dividend of $0.37 per share. The ex-dividend date is Friday, January 10th. This represents a $1.48 annualized dividend and a dividend yield of 1.23%. Science Applications International’s dividend payout ratio (DPR) is currently 26.62%.

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.